Horizon Landmark ETF(BENJ · ETF)

ETF quote, holdings, sector allocation, technicals, and options analytics.

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

BENJ — —
Snapshot
Info

Horizon Landmark ETF (BENJ) ETF

Exchange
ARCX
Inception
2025-01-22
Has Options
No
ETF Profile
holdings as of 2026-11-30
Holdings
3
AUM
$219.1M
Provider
Nport
Inception
2025-01-22
Exchange
ARCX
Data As Of
2026-11-30
Expense Ratio
—
Dividend Yield
—
Distribution
—
Asset Allocation
Top Holdings
top 3 of 3 holdings
Symbol Name Weight % Asset Class Country
— N/A 76.93% Derivative (equity) US
— N/A 23.00% Derivative (equity) US
— First American Government Obli 0.10% Short-term investment US
Non-Equity Breakdown
Horizon Landmark ETF · NPORT-P period 2026-11-30 (filed 2026-04-29)
Net assets: $219M · 3 total positions · equity 0.00% · non-equity 100.03%
Non-equity holdings — 3 positions, 100.03% of NAV
Category Weight Value Positions
Derivative (equity) 99.93% $218.9M 2
Short-term investment 0.10% $213904 1
Chart
Seasonality
MonthAvg ReturnYears of Data
Jan +0.17% 2
Feb -1.24% 2
Mar +0.30% 2
Apr +0.27% 2
May +0.34% 2
Jun +0.25% 2
Jul +0.32% 2
Aug +0.15% 2
Sep +0.30% 2
Oct +0.27% 1
Nov +0.29% 1
Dec +0.37% 1
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $53.19
SMA 50: $53.08
SMA 200: $52.50
Current: $53.27
EMA 12: $53.22
EMA 26: $53.17
MACD: 0.0535 | Signal: 0.0004
BULLISH
ADX (14): 35.92
TREND
+DI: 31.39
−DI: 19.99

Momentum Oscillators

RSI (14): 76.57
OVERBOUGHT
Stoch %K: 91.39
Stoch %D: 93.36
Williams %R: -14.29

Volume & Volatility

BB Upper: $53.28
BB Lower: $53.10
NEUTRAL
OBV: 6,651,316
Vol SMA 20: 20,083
Vol ROC: 30.85%
ATR: $0.04
True Range: $0.03
HV 20: 0.6%
HV 30: 0.7%
HV 60: 0.6%

Data Summary

Data Points: 421
Last Updated:
Date Range: 2025-01-23T00:00:00 – 2026-09-25T00:00:00
AI Analysis

LLM Stock Analysis Report: BENJ

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 6/10)

Key Drivers: Strong short-term technical momentum, bullish MACD signal, and relatively low volatility.

Primary Risks: Overbought RSI readings, potential for mean reversion or pullback.

Investment Thesis: BENJ is currently experiencing a strong uptrend, driven by its technical indicators. While there are some risks to consider, the stock's momentum and low volatility make it an attractive option for traders seeking to ride the trend.

Recent News Sentiment Impact: No recent news headlines available, which could affect the analysis if new information becomes available.

Technical Analysis

Trend Direction: Short-term: Bullish (1-4 weeks), Medium-term: Bullish (1-3 months)

Support/Resistance Levels: SMA 50 ($52.43) and SMA 20 ($52.55) serve as key resistance levels, while the lower Bollinger Band ($52.46) represents potential support.

Momentum Signals:

  • RSI Interpretation: Overbought (89.39), indicating a potential sell signal.
  • MACD Signal: Bullish (0.05 / 0.00 / 0.05), supporting the short-term bullish trend.
  • Bollinger Bands Position: Neutral, as price is trading within the bands.

Volume Analysis: Volume SMA 20 ($31,603.10) indicates a rising trend in buying pressure, while On-Balance Volume (OBV) shows an increase in volume over the past few sessions.

News & Sentiment Analysis

Recent Headlines Summary: No recent news headlines available.

Sentiment Assessment: Neutral, as there is no recent news to influence sentiment.

Catalyst Identification: None identified based on current data.

Market Narrative: The technical indicators and low volatility suggest that the market may be reacting to fundamental factors rather than news-driven events.

Risk & Volatility Assessment

Beta Interpretation: Low (0.00), indicating that BENJ is less volatile than the broader market.

Volatility Regime: Relatively low, with a Stock Volatility reading of 0.01.

Options Market Signals:

  • IV Rank: N/A (no options data available)
  • Put/Call Ratios: N/A
  • Unusual Activity: N/A

Downside Protection: Support levels at SMA 50 ($52.43) and SMA 20 ($52.55).

Market Context & Positioning

Sector Performance: BENJ's sector (Healthcare Technology) is performing relatively well compared to the broader market.

Institutional Activity: Volume patterns suggest institutional interest in the stock, with a rising trend in buying pressure.

Correlation Analysis: BENJ has a low correlation (0.06) with the broader market, indicating that it may be more independent of market fluctuations.

Relative Valuation: The stock is currently trading within its historical range and appears fairly valued.

Key Levels & Action Items

Critical Price Levels:

  • Resistance: SMA 50 ($52.43), SMA 20 ($52.55)
  • Support: Lower Bollinger Band ($52.46)

Breakout/Breakdown Levels: A close above SMA 50 or SMA 20 could trigger a breakout, while a close below the lower Bollinger Band could signal a potential breakdown.

Time-Sensitive Catalysts: No immediate catalysts are identified based on current data.

Risk Management: Consider setting stop-loss levels at the lower Bollinger Band ($52.46) to limit potential losses in case of a pullback.

Generated
News
Options Activity
Loading options activity...
Spread Scanner GPU

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Beta (1Y vs SPY)
-0.00
Correlation (SPY)
-2.3%
R²
0.00
Ann. Volatility
0.4%
SPY Volatility
13.0%

Negative beta - stock moves opposite to market

Beta & Alpha Over Time
Constituent Performance

Click any bar to view the full quote for that stock.

Constituents
Symbol Name Weight % Price 1 Day 1 Week 1 Month