HBCP Options History — September 2025

In September 2025, HBCP traded between $53.83 and $56.86. ATM implied volatility averaged 33.7%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 11.4% (HV 20d: 22.3%). Max pain ranged from $50.00 to $60.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days.

Notable Days

  • 2025-09-12: Highest Volume — 22 contracts
  • 2025-09-03: Largest IV spike — 74.6% change
  • 2025-09-03: Highest IV Rank — 23.2%
  • 2025-09-03: Largest Expected Move — 14.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.66$53.83$56.86$55.92$53.83
Max Pain$50.95$50.00$60.00$60.00$50.00
ATM IV33.7%25.3%50.6%29.0%30.3%
Expected Move9.1%7.3%14.5%8.3%8.7%
HV 20d22.3%19.1%27.4%27.4%20.8%
HV 60d26.7%26.0%27.5%27.4%26.2%
IV Rank9.1%2.2%23.2%5.2%6.3%
IV Percentile16.7%1.6%69.0%6.0%10.3%
Term Structure-3.0%-14.1%5.3%-3.0%-8.1%
Skew 25d2.9%-3.0%6.8%-0.4%2.2%
Skew 10d-0.9%-19.4%18.7%-14.6%18.7%
Call IV 25d31.2%23.3%62.4%33.0%34.0%
Put IV 25d34.1%28.1%65.4%32.6%36.2%
Bid-Ask Spread %117.97113.21124.14119.14120.84
Gamma HHI0.730.540.830.830.54
Net GEX23.3K13.8K29.3K25.8K13.8K
Net DEX-186.7K-264.8K-42.2K-257.2K-42.2K
Net VEX-913-1.1K-611-971-611
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume1.23802204
Total OI161.905150172150170

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-09-02$55.92$60.0029.0%8.3%27.4%5.2%0.0%-0.4%-3.0%25.8K-257.2K-9710.00119.140014010
2025-09-03$55.91$60.0050.6%14.5%25.2%23.2%0.0%3.0%-14.1%21.0K-220.3K-9190.00124.140014010
2025-09-04$56.58$50.0036.3%8.0%25.2%11.4%0.0%5.9%0.4%28.6K-264.8K-9810.00116.960014010
2025-09-05$56.22$50.0037.2%8.3%24.7%12.1%0.0%4.8%0.7%25.7K-253.4K-9610.00116.570014010
2025-09-08$56.50$50.0034.3%8.2%24.5%9.7%0.0%6.1%-0.2%28.3K-252.0K-9240.00117.930014010
2025-09-09$56.31$50.0042.8%8.1%24.6%16.8%0.0%-0.3%-0.2%26.8K-244.8K-9050.00116.710014010
2025-09-10$56.17$50.0026.0%7.5%20.7%2.8%0.0%5.8%5.3%27.2K-232.8K-8500.00118.590014010
2025-09-11$56.86$50.0025.3%7.3%20.5%2.2%0.0%-3.0%3.6%29.3K-223.5K-7980.00114.840014010
2025-09-12$55.72$50.0029.1%8.3%21.8%5.3%0.0%5.8%-1.7%25.8K-207.9K-7810.00113.2102214010
2025-09-15$55.25$50.0031.0%8.9%21.6%6.9%0.0%6.8%-0.7%22.9K-180.9K-1.1K0.00116.060014032
2025-09-16$54.74$50.0030.1%8.6%22.0%6.2%0.0%2.1%-1.7%19.2K-109.5K-9270.00115.160014032
2025-09-17$55.36$50.0035.7%10.2%22.2%10.9%0.0%4.7%-10.6%21.2K-174.2K-1.1K0.00118.870014032
2025-09-18$56.72$50.0029.5%8.4%23.5%5.6%0.0%-2.2%0.7%27.5K-227.7K-1.1K0.00116.400014032
2025-09-19$55.02$50.0032.4%9.3%26.4%8.1%0.0%4.4%-1.2%22.2K-154.0K-9770.00117.360014032
2025-09-22$55.53$50.0036.3%10.4%19.8%11.3%0.0%0.1%-9.9%20.2K-195.4K-1.0K0.00117.360013832
2025-09-23$55.12$50.0036.4%10.4%19.8%11.4%0.0%3.3%-9.6%19.5K-172.5K-9790.00118.020013832
2025-09-24$55.24$50.0033.8%9.7%19.3%9.3%0.0%-0.5%-3.9%21.4K-146.0K-8850.00120.460013832
2025-09-25$55.33$50.0031.4%9.0%19.1%7.3%0.0%3.6%2.7%22.4K-132.8K-8800.00121.130013832
2025-09-26$55.64$50.0039.6%11.3%19.3%14.1%0.0%4.7%-9.3%22.7K-169.3K-9020.00121.750013832
2025-09-29$54.89$50.0029.5%8.5%19.8%5.7%0.0%3.8%-2.9%18.3K-60.0K-6510.00115.880013832
2025-09-30$53.83$50.0030.3%8.7%20.8%6.3%0.0%2.2%-8.1%13.8K-42.2K-6110.00120.840413832