HBCP Options History — December 2024

In December 2024, HBCP traded between $45.16 and $51.58. ATM implied volatility averaged 48.4%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded above realized volatility by 12.3% (HV 20d: 36.0%). Max pain ranged from $40.00 to $40.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 1 of 21 days. Put/call ratio averaged 3.73.

Notable Days

2024-12-13: Highest Volume — 60 contracts
2024-12-11: Largest IV drop — 48.1% change
2024-12-10: Highest IV Rank — 28.3%
2024-12-04: Largest Expected Move — 16.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.24	$45.16	$51.58	$51.58	$46.76
Max Pain	$40.00	$40.00	$40.00	$40.00	$40.00
ATM IV	48.4%	30.4%	69.0%	46.1%	48.5%
Expected Move	12.5%	8.7%	16.5%	13.2%	13.9%
HV 20d	36.0%	27.3%	48.7%	46.3%	37.5%
HV 60d	39.9%	38.5%	42.6%	38.8%	38.5%
IV Rank	13.2%	0.1%	28.3%	11.5%	13.3%
IV Percentile	39.2%	0.4%	81.3%	32.1%	42.1%
Term Structure	-12.5%	-20.7%	0.5%	-12.6%	-16.3%
VWIV	51.1%	51.1%	51.1%	51.1%	51.1%
Skew 25d	9.4%	-3.3%	23.2%	8.9%	14.9%
Skew 10d	30.5%	3.5%	53.9%	9.9%	53.9%
Call IV 25d	45.8%	28.7%	57.8%	54.1%	52.0%
Put IV 25d	55.2%	30.4%	73.9%	62.9%	66.9%
Bid-Ask Spread %	125.94	114.74	129.74	127.37	127.59
Gamma HHI	0.39	0.28	0.60	0.36	0.39
Net GEX	1.8K	611	3.7K	611	3.2K
Net DEX	-72.1K	-103.5K	-52.7K	-60.9K	-91.1K
Net VEX	-117	-217	-46	-60	-174
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	3.73	0.00	9.00	9.00	0.00
Total Volume	5.095	0	60	0	0
Total OI	46.238	20	125	20	41

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-12-02	$51.58	$0.00	46.1%	13.2%	46.3%	11.5%	0.0%	8.9%	-12.6%	611	-60.9K	-60	0.00	127.37	0	0	15	5
2024-12-03	$49.67	$0.00	50.7%	14.5%	48.7%	14.9%	0.0%	-0.3%	-20.7%	682	-56.4K	-63	0.00	128.12	0	0	15	5
2024-12-04	$49.92	$0.00	57.6%	16.5%	48.6%	20.0%	0.0%	19.1%	-18.2%	666	-56.4K	-65	0.00	127.52	0	0	15	5
2024-12-05	$49.22	$40.00	51.6%	11.2%	36.8%	15.6%	0.0%	0.5%	-16.6%	702	-52.7K	-76	0.00	125.14	0	0	15	5
2024-12-06	$49.70	$40.00	59.8%	10.2%	34.4%	21.5%	0.0%	-3.3%	-6.6%	672	-56.8K	-58	0.00	127.84	0	0	15	5
2024-12-09	$49.20	$40.00	66.2%	10.9%	34.5%	26.2%	0.0%	0.9%	-11.4%	701	-54.0K	-61	0.00	126.83	0	0	15	5
2024-12-10	$50.00	$40.00	69.0%	10.7%	29.9%	28.3%	0.0%	2.5%	-4.8%	659	-57.7K	-55	0.00	127.43	0	0	15	5
2024-12-11	$50.20	$40.00	35.8%	10.3%	27.3%	4.0%	0.0%	-0.1%	-3.4%	656	-59.0K	-53	0.00	127.03	0	0	15	5
2024-12-12	$50.08	$40.00	45.6%	13.1%	27.3%	11.2%	0.0%	9.0%	-16.0%	631	-56.9K	-57	0.00	121.48	0	0	15	5
2024-12-13	$49.16	$40.00	30.4%	8.7%	27.8%	0.1%	0.0%	1.7%	0.5%	680	-55.8K	-46	9.00	114.74	6	54	15	5
2024-12-16	$49.27	$40.00	40.5%	11.6%	27.5%	7.5%	0.0%	-2.4%	-12.7%	1.5K	-71.9K	-64	0.00	117.95	0	0	21	59
2024-12-17	$48.70	$40.00	40.4%	11.6%	27.4%	7.4%	0.0%	9.0%	-14.1%	1.5K	-68.1K	-66	2.18	127.90	11	24	21	59
2024-12-18	$45.16	$40.00	48.6%	13.9%	38.3%	13.4%	51.1%	16.1%	-18.4%	2.2K	-78.6K	-178	0.00	125.07	12	0	32	83
2024-12-19	$46.62	$40.00	41.2%	11.8%	39.9%	8.0%	0.0%	10.5%	-6.1%	3.7K	-102.9K	-217	0.00	127.48	0	0	42	83
2024-12-20	$47.03	$40.00	45.1%	12.9%	38.6%	10.8%	0.0%	19.3%	-4.7%	2.9K	-103.5K	-215	0.00	124.22	0	0	42	83
2024-12-23	$45.98	$40.00	49.4%	14.2%	38.4%	13.9%	0.0%	18.1%	-16.8%	3.1K	-86.0K	-200	0.00	129.74	0	0	36	5
2024-12-24	$46.05	$40.00	48.6%	13.9%	36.0%	13.4%	0.0%	13.3%	-15.5%	3.0K	-84.3K	-206	0.00	128.52	0	0	36	5
2024-12-26	$46.91	$40.00	45.9%	13.2%	36.9%	11.4%	0.0%	16.1%	-12.5%	3.2K	-92.7K	-191	0.00	129.00	0	0	36	5
2024-12-27	$45.80	$40.00	48.2%	13.8%	37.5%	13.1%	0.0%	23.2%	-19.4%	3.1K	-82.6K	-185	0.00	125.81	0	0	36	5
2024-12-30	$46.12	$40.00	46.1%	13.2%	37.5%	11.5%	0.0%	20.8%	-17.1%	3.3K	-86.7K	-173	0.00	127.96	0	0	36	5
2024-12-31	$46.76	$40.00	48.5%	13.9%	37.5%	13.3%	0.0%	14.9%	-16.3%	3.2K	-91.1K	-174	0.00	127.59	0	0	36	5