HBCP Options History — July 2025

In July 2025, HBCP traded between $52.47 and $57.61. ATM implied volatility averaged 40.7%, placing in the 12.4% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 14.2% (HV 20d: 26.4%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.19.

Notable Days

2025-07-02: Highest Volume — 35 contracts
2025-07-31: Largest IV spike — 116.6% change
2025-07-08: Highest IV Rank — 29.1%
2025-07-31: Largest Expected Move — 15.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$55.57	$52.47	$57.61	$53.25	$52.47
Max Pain	$50.00	$50.00	$50.00	$50.00	$50.00
ATM IV	40.7%	24.8%	64.8%	45.6%	53.7%
Expected Move	10.8%	7.1%	15.4%	13.1%	15.4%
HV 20d	26.4%	21.1%	30.6%	21.1%	27.6%
HV 60d	29.8%	24.1%	37.0%	36.5%	25.2%
IV Rank	12.4%	1.4%	29.1%	15.8%	21.4%
IV Percentile	28.0%	1.2%	81.3%	40.5%	72.2%
Term Structure	-6.0%	-20.1%	10.8%	-17.3%	4.9%
VWIV	35.7%	23.2%	45.2%	29.9%	36.2%
Skew 25d	6.2%	-18.8%	37.1%	-18.8%	37.1%
Skew 10d	12.6%	-0.1%	41.1%	3.1%	13.8%
Call IV 25d	50.4%	33.4%	89.5%	66.6%	55.4%
Put IV 25d	56.7%	44.2%	92.6%	47.8%	92.6%
Bid-Ask Spread %	124.17	117.91	129.33	127.61	117.91
Gamma HHI	0.41	0.24	0.72	0.24	0.43
Net GEX	6.9K	575	9.8K	575	6.9K
Net DEX	-200.1K	-275.7K	-7.3K	-7.3K	-147.7K
Net VEX	-313	-408	-58	-58	-365
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.19	0.00	1.00	0.00	0.00
Total Volume	6.455	0	35	15	4
Total OI	69.227	25	92	25	70

Daily Data (22 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
2025-07-01	$53.25	$50.00	45.6%	13.1%	21.1%	15.8%	0.0%	-18.8%	-17.3%	575	-7.3K	-58	0.00	127.61	15	0	10	15
2025-07-02	$55.27	$50.00	44.5%	12.8%	23.9%	15.1%	0.0%	-5.8%	-14.3%	2.2K	-43.5K	-178	0.03	127.32	34	1	20	15
2025-07-03	$55.97	$50.00	53.1%	9.7%	23.7%	21.0%	29.9%	5.8%	-3.5%	5.4K	-197.5K	-367	1.00	123.10	1	1	54	17
2025-07-07	$55.16	$50.00	54.4%	10.3%	24.4%	21.9%	0.0%	4.6%	-8.1%	6.0K	-181.9K	-354	0.00	123.86	3	0	53	17
2025-07-08	$56.94	$50.00	64.8%	10.1%	25.0%	29.1%	0.0%	4.5%	2.2%	6.7K	-222.2K	-318	0.00	125.16	0	0	56	17
2025-07-09	$55.95	$50.00	34.5%	9.9%	26.2%	8.2%	0.0%	1.1%	-3.3%	5.8K	-199.1K	-362	0.00	124.67	0	0	56	17
2025-07-10	$56.87	$50.00	36.6%	10.5%	26.2%	9.6%	0.0%	11.6%	1.9%	5.9K	-212.0K	-345	0.00	125.08	0	0	56	17
2025-07-11	$55.52	$50.00	37.9%	10.9%	28.3%	10.5%	0.0%	1.6%	-6.7%	6.7K	-201.9K	-331	0.00	124.97	0	0	56	17
2025-07-14	$55.98	$50.00	34.8%	10.0%	27.9%	8.3%	0.0%	0.2%	-6.8%	6.5K	-213.6K	-302	0.00	125.71	0	0	56	17
2025-07-15	$55.94	$50.00	37.7%	10.8%	24.8%	10.4%	0.0%	7.6%	-4.4%	6.4K	-215.2K	-294	0.00	124.70	1	0	56	17
2025-07-16	$56.41	$50.00	33.6%	9.6%	24.7%	7.5%	36.6%	8.5%	-9.9%	6.3K	-226.0K	-261	0.00	118.43	20	0	56	17
2025-07-17	$56.79	$50.00	38.4%	11.0%	24.2%	10.8%	0.0%	1.7%	-2.1%	9.7K	-275.7K	-385	0.33	127.05	3	1	75	17
2025-07-18	$55.72	$50.00	43.6%	12.5%	25.9%	14.4%	45.2%	1.3%	-20.1%	8.8K	-237.3K	-408	0.00	124.39	1	0	72	18
2025-07-21	$56.36	$50.00	42.3%	12.1%	25.6%	13.5%	44.5%	21.2%	-7.6%	9.8K	-256.4K	-340	0.11	120.44	19	2	66	5
2025-07-22	$57.61	$50.00	38.7%	11.1%	26.0%	11.1%	36.0%	2.4%	-16.4%	8.7K	-272.9K	-367	0.00	124.26	7	0	67	7
2025-07-23	$57.25	$50.00	41.3%	11.8%	26.4%	12.8%	0.0%	-3.3%	-12.2%	8.5K	-253.4K	-367	0.00	124.76	0	0	65	7
2025-07-24	$55.61	$50.00	36.9%	10.6%	29.2%	9.8%	33.7%	22.8%	-6.9%	9.8K	-235.2K	-342	0.00	118.41	20	0	65	7
2025-07-25	$54.70	$50.00	26.7%	7.6%	30.0%	2.7%	23.2%	22.4%	10.8%	8.7K	-204.0K	-289	0.17	126.88	6	1	56	7
2025-07-28	$55.28	$50.00	32.8%	9.4%	29.6%	7.0%	0.0%	4.5%	4.3%	9.7K	-216.8K	-328	0.00	129.33	0	0	61	8
2025-07-29	$54.17	$50.00	38.7%	11.1%	30.6%	11.1%	0.0%	9.7%	1.0%	9.5K	-192.7K	-347	0.00	123.88	0	0	61	8
2025-07-30	$53.21	$50.00	24.8%	7.1%	30.6%	1.4%	36.2%	-3.9%	-18.3%	2.6K	-190.5K	-188	1.00	123.74	1	1	61	8
2025-07-31	$52.47	$50.00	53.7%	15.4%	27.6%	21.4%	0.0%	37.1%	4.9%	6.9K	-147.7K	-365	0.00	117.91	4	0	61	9