Horizon Bancorp Inc. (HBNC)
NASDAQ: HBNC
· Real-Time Price · USD
15.95
-0.23 (-1.42%)
At close: Aug 15, 2025, 3:59 PM
16.24
1.83%
After-hours: Aug 15, 2025, 06:46 PM EDT
HBNC Gamma Exposure By Expiry
The total Gamma Exposure (GEX) for HBNC across all expirations is 506.08 shares per 1% move, with 535.09 from calls and 29.01 from puts. The put-call GEX ratio of 0.05 shows call-heavy positioning, potentially creating volatility as market makers hedge by selling into strength and buying weakness. The highest gamma concentration is at the Sep 19, 25 expiration with 414.24 net GEX, which may act as a magnet point for price action. Near-term exposure for Sep 19, 25 suggests potential support from positive gamma hedging flows.
HBNC GEX Table
| Expiry Date | Call GEX | Put GEX | Net GEX | P/C GEX |
|---|---|---|---|---|
| Sep 19, 25 | 437.95 | -23.71 | 414.24 | 0.05 |
| Oct 17, 25 | 0 | 0 | 0 | n/a |
| Dec 19, 25 | 94.52 | -4.9 | 89.62 | 0.05 |
| Jan 16, 26 | 0 | 0 | 0 | n/a |
| Mar 20, 26 | 2.62 | -0.4 | 2.22 | 0.15 |