HBCP Options History — March 2024

In March 2024, HBCP traded between $34.75 and $37.73. ATM implied volatility averaged 78.3%, placing in the 50.9% IV rank vs the trailing year. The 30-day expected move averaged 17.2%. IV traded above realized volatility by 47.5% (HV 20d: 30.7%). Max pain ranged from $35.00 to $40.00. Net GEX was positive for 4 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2024-03-07: Highest Volume — 10 contracts
  • 2024-03-04: Largest IV spike — 63.5% change
  • 2024-03-11: Highest IV Rank — 100.0%
  • 2024-03-27: Largest Expected Move — 21.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$35.74$34.75$37.73$36.30$37.73
Max Pain$39.75$35.00$40.00$35.00$40.00
ATM IV78.3%56.2%141.4%56.2%62.9%
Expected Move17.2%14.6%21.5%16.1%18.0%
HV 20d30.7%16.7%50.5%50.5%22.9%
HV 60d36.4%35.1%37.9%37.8%36.5%
IV Rank50.9%28.9%100.0%34.3%32.8%
IV Percentile86.5%70.0%100.0%70.0%78.0%
Term Structure-17.1%-29.7%2.5%-29.7%-28.4%
Skew 25d0.1%-19.4%19.0%-19.1%-9.2%
Skew 10d6.0%-49.2%36.4%0.8%-34.1%
Call IV 25d70.6%44.9%97.5%80.9%92.2%
Put IV 25d70.7%54.1%92.7%61.8%83.0%
Bid-Ask Spread %129.26124.81132.21131.66130.06
Gamma HHI0.350.280.850.340.35
Net GEX-1.6K-15.3K212-1.8K212
Net DEX37.0K-7.5K69.5K52.2K-7.5K
Net VEX-417-494-343-403-492
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.901000
Total OI82.9578887886

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-03-01$36.30$35.0056.2%16.1%50.5%34.3%0.0%-19.1%-29.7%-1.8K52.2K-4030.00131.66002850
2024-03-04$35.88$40.0091.9%15.1%50.5%73.0%0.0%14.9%2.5%-1.6K49.3K-3940.00127.70002850
2024-03-05$35.67$40.0089.1%15.4%46.0%70.0%0.0%0.9%-3.1%-1.6K50.8K-3880.00128.37002850
2024-03-06$35.26$40.0095.3%15.2%46.2%76.8%0.0%19.0%-14.9%-1.7K69.5K-3430.00128.80002850
2024-03-07$35.82$40.0097.0%14.6%45.9%78.6%0.0%-1.0%-10.6%-1.7K63.1K-3520.00127.001002850
2024-03-08$35.55$40.0099.0%14.9%42.6%80.8%0.0%3.2%-15.5%-1.3K46.6K-4380.00130.41003850
2024-03-11$35.08$40.00128.3%16.4%41.1%100.0%0.0%-8.1%-20.5%-1.3K48.1K-4250.00127.27003850
2024-03-12$35.35$40.00141.4%16.2%41.0%100.0%0.0%6.3%-17.4%-1.4K48.0K-4230.00128.53003850
2024-03-13$35.16$40.0059.4%17.0%29.3%29.8%0.0%4.9%-24.1%-1.4K48.1K-4250.00128.05003850
2024-03-14$34.77$40.0058.5%16.8%23.8%29.0%0.0%16.3%-20.8%-1.9K49.7K-4060.00127.61003850
2024-03-15$35.19$40.0058.4%16.7%18.3%28.9%0.0%15.4%-17.4%-15.3K29.6K-4210.00132.21003850
2024-03-18$34.91$40.0061.3%17.6%17.4%31.4%0.0%2.7%-16.4%-43337.9K-3710.00129.92013840
2024-03-19$34.75$40.0061.9%17.7%16.7%31.9%0.0%7.5%-17.4%-33134.0K-4060.00129.61003841
2024-03-20$35.35$40.0063.9%18.3%18.0%33.6%0.0%-8.2%-17.4%-32033.6K-4070.00130.27303841
2024-03-21$36.38$40.0063.3%18.1%20.2%33.2%0.0%-9.2%-16.5%-39531.6K-4040.00129.93004041
2024-03-22$36.04$40.0066.1%19.0%20.3%35.6%0.0%-1.5%-18.6%-19324.7K-4260.00131.51304141
2024-03-25$36.00$40.0070.0%20.1%20.2%38.9%0.0%-1.2%-18.9%14811.7K-4710.00131.55004441
2024-03-26$36.08$40.0066.3%19.0%20.3%35.7%0.0%-12.0%-21.1%3118.5K-4570.00124.81104441
2024-03-27$37.44$40.0074.9%21.5%23.7%43.0%0.0%-19.4%-15.3%205-78-4940.00129.97004541
2024-03-28$37.73$40.0062.9%18.0%22.9%32.8%0.0%-9.2%-28.4%212-7.5K-4920.00130.06004541