BTO John Hancock Financial Opportunities Fund

XNYS
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

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.

BTO — —
Key stats
About
Exchange
XNYS
Market Cap
$0.7B
List Date
1994-08-16
CIK
0000925683
Homepage
https://www.jhinvestments.com

John Hancock Financial Opportunities Fund is a United States-based closed-end, diversified management investment company. Its investment objective is to provide a high level of total return consisting of long-term capital appreciation and current income. Under normal circumstances, the fund will invest at least 80% of its net assets in equity securities of U.S. and foreign financial services companies of any size. These companies may include, but are not limited to, banks, thrifts, finance and financial technology companies, brokerage and advisory firms, real estate-related firms, insurance co…

Fund profile
Sector Financials John Hancock
Expense ratio
—
Assets
$726M
shares × price, Oct 21, 2026
Trailing yield
—
Average daily volume
$1.6M
30 sessions
Holdings
—
Listed
Aug 16, 1994
NYSE
FrenzyCap ETF score
53
how it is built
Costn/a
Liquidity40
Scale69
Diversificationn/a

Moves with. US large-cap stocks (25% of its variance, beta 1.03); Small caps over large (16% of its variance, beta 0.68). These factors explain 43% of its daily moves over the last year.

Overlap toolAll Financials ETFs

Similar funds
FundOverlapFeeAssets1Y
XLFState Street Financial Select Sector SPDR ETF—0.08%$52.3B+6.2%compare
VFHVanguard Financials ETF—0.09%$13.3B+5.9%compare
KBWBInvesco KBW Bank ETF—0.35%$6.2B+16.1%compare
KREState Street SPDR S&P Regional Banking ETF—0.35%$4.0B+16.7%compare
IYFiShares U.S. Financials ETF—0.37%$3.8B+6.1%compare

The largest other funds in the Financials category.

Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan4.66%4.47%10.29%0.49%6.20%6.35%5.41%
Feb12.79%-4.91%-8.25%-6.08%-4.47%-7.09%-3.00%
Mar5.81%-0.10%-13.85%3.94%-2.52%-0.36%-1.18%
Apr0.48%-8.20%-8.58%-6.33%-5.66%4.27%-4.00%
May6.92%7.55%-6.24%1.34%6.15%-1.35%2.40%
Jun-12.08%-3.43%-0.67%-0.74%4.15%8.65%-0.69%
Jul0.81%4.31%11.09%15.00%-1.98%0.52%4.96%
Aug15.89%-8.22%-11.40%5.16%9.31%-3.48%1.21%
Sep-3.21%-11.27%-4.34%0.12%-3.05%-7.79%-4.92%
Oct1.40%7.47%-9.40%4.72%-5.14%3.87%*0.49%
Nov-6.55%3.43%8.73%15.51%2.42%--4.71%
Dec12.35%-8.79%7.08%-8.95%2.24%--0.79%
Total42.03%-18.51%-26.28%23.26%6.43%2.25%4.86%
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: $36.23
SMA 50: $38.00
SMA 200: $37.56
Current: $37.26
EMA 12: $36.44
EMA 26: $36.78
MACD: -0.3422 | Signal: 0.2223
BEARISH
ADX (14): 24.34
WEAK TREND
+DI: 24.71
−DI: 19.41

Momentum Oscillators

RSI (14): 55.90
NEUTRAL
Stoch %K: 83.85
Stoch %D: 66.86
Williams %R: -2.54

Volume & Volatility

BB Upper: $36.99
BB Lower: $35.47
OVERBOUGHT
OBV: 680,181
Vol SMA 20: 44,734
Vol ROC: -86.21%
ATR: $0.73
True Range: $0.65
HV 20: 15.1%
HV 30: 15.9%
HV 60: 15.5%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis

Here is the LLM Stock Analysis Prompt Template output:

Executive Summary

Overall assessment: NEUTRAL with confidence level (6/10)

Key drivers and primary risks:

  • Positive news sentiment from recent headlines
  • Weak trend regime according to ADX indicator
  • Low volatility compared to market

Investment thesis: BTO stock is a neutral candidate for investment, driven by mixed signals from technical indicators and positive news sentiment. The recent earnings releases and investor updates have been largely neutral, with no significant catalysts driving the price.

Recent news sentiment impact: The recent headlines suggest a neutral market narrative, with no strong buy or sell signals emerging. This aligns with the overall assessment of NEUTRAL, as the news does not significantly impact the stock's technical position.

Technical Analysis

Trend Direction: Short-term (1-4 weeks) - consolidating; Medium-term (1-3 months) - downtrending; Long-term (3-12 months) - uptrending

Support/Resistance Levels: Key price levels from moving averages and technical patterns: + Lower support: $40.01 (lower Bollinger Band) + Upper resistance: $41.54 (upper Bollinger Band)

Momentum Signals:

  • RSI interpretation: 58.20 (neutral)

  • MACD signal: Bullish crossover

  • Bollinger Bands position: Neutral (price touching middle band)

  • Volume Analysis:

    • Volume SMA 20: 42113.77
    • On-Balance Volume (OBV): 1447423.85
    • Volume Rate of Change: -9.10%

News & Sentiment Analysis

Recent Headlines Summary: Neutral sentiment prevails, with no significant news driving the price.

Sentiment Assessment: Aggregate news sentiment is NEUTRAL (5/6 headlines).

Catalyst Identification: No immediate catalysts are apparent; medium-term risks include market volatility and sector performance.

Market Narrative: The neutral news sentiment aligns with the overall assessment of NEUTRAL, as no strong buy or sell signals emerge from recent headlines.

Risk & Volatility Assessment

Beta Interpretation: Beta is 0.68 (vs SPY), indicating low risk relative to market.

Volatility Regime: Current volatility is low compared to historical levels.

  • Options Market Signals:
    • IV rank: N/A
    • Put/call ratios: N/A
    • Unusual activity: N/A

Downside Protection: Support levels and risk management considerations: + Lower support: $40.01 (lower Bollinger Band) + Stop-loss levels: Consider setting stop-loss below the lower Bollinger Band.

Market Context & Positioning

Sector Performance: The stock's sector is performing similarly to the overall market.

Institutional Activity: No significant institutional activity is apparent from recent volume patterns.

  • Correlation Analysis:
    • R-squared interpretation: 0.41 (low correlation)

Relative Valuation: The stock is positioned within its trading range, with no strong buy or sell signals emerging.

Key Levels & Action Items

Critical Price Levels: Support/resistance to monitor: + Lower support: $40.01 (lower Bollinger Band) + Upper resistance: $41.54 (upper Bollinger Band)

Breakout/Breakdown Levels: Technical levels that could trigger significant moves: + Breakout above upper Bollinger Band + Breakdown below lower Bollinger Band

Time-Sensitive Catalysts: No immediate catalysts are apparent; medium-term risks include market volatility and sector performance.

Risk Management: Stop-loss levels: Consider setting stop-loss below the lower Bollinger Band.

Generated
News
All BTO news →
Showing 1–10 of 50
Page 1 of 5

BTO Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

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

Risk Metrics

Beta: 0.6044
Alpha: 0.13%
Correlation: 0.3805
R-Squared: 14.5%
Stock Volatility: 20.2%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Beta & Alpha Over Time
Notable investors who own BTO
1 of 37 tracked investors
InvestorValueShare of their portfolioRankQ/Q sharesSource
Citadel Hedge fund
Ken Griffin
$335K
0.00%
#4949 of 6285new13F

Hedge funds, activists, holding companies and family offices we track, from their latest 13F (quarter-end value) and Form 4 filings in the last 3 years. Family offices · all institutions

BTO Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

86 filers4,200,973 shares$165.38M value
# Filer Shares Value % of Total % of Float Period
1 Morgan Stanley Custodian 1,258,587 $49.61M 30.00% — 2026-06-30
2 Wells Fargo & Company Custodian 646,729 $25.49M 15.42% — 2026-06-30
3 Z3 Capital Partners, LLC 411,393 $16.22M 9.81% — 2026-06-30
4 Royal Bank of Canada Custodian 270,289 $10.65M 6.44% — 2026-06-30
5 Janney Montgomery Scott LLC 177,451 $7.00M 4.23% — 2026-06-30
6 Raymond James Financial, Inc. Custodian 172,704 $6.81M 4.12% — 2026-06-30
7 LPL Financial LLC Custodian 130,039 $5.13M 3.10% — 2026-06-30
8 Stifel Financial Corp Custodian 99,302 $3.91M 2.37% — 2026-06-30
9 FCA CORP /TX 95,444 $3.76M 2.27% — 2026-06-30
10 NORTH STAR ASSET MANAGEMENT INC 67,641 $2.67M 1.61% — 2026-06-30
11 Alessandra Capital Management, LLC 61,315 $2.42M 1.46% — 2026-06-30
12 Steward Partners Investment Advisory, LLC 56,961 $2.25M 1.36% — 2026-06-30
13 1607 Capital Partners, LLC 56,187 $2.21M 1.34% — 2026-06-30
14 Bank of America Corp Custodian 46,684 $1.84M 1.11% — 2026-06-30
15 UBS Group AG Custodian 43,824 $1.73M 1.04% — 2026-06-30
16 CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 41,092 $1.62M 0.98% — 2026-06-30
17 Gilliland Jeter Wealth Management LLC 37,494 $1.48M 0.89% — 2026-06-30
18 Ameriprise Financial, Inc. Custodian 35,323 $1.39M 0.84% — 2026-06-30
19 Chancellor Financial Group WB LP 31,366 $1.24M 0.75% — 2026-06-30
20 Advisory Advocates, LLC 30,800 $1.21M 0.73% — 2026-06-30
21 OPPENHEIMER & CO INC 28,082 $1.11M 0.67% — 2026-06-30
22 Private Advisor Group, LLC 26,708 $1.05M 0.64% — 2026-06-30
23 HighTower Advisors, LLC 25,390 $1.00M 0.61% — 2026-06-30
24 World Investment Advisors 23,785 $853.98K 0.52% — 2026-06-30
25 Tennessee Valley Asset Management Partners 20,719 $816.74K 0.49% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

BTO Insider Trading (Form 4)

Latest: 2026-07-22
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2026-07-22 William K Bacic Buy (P) +184 $40.62 $7.5K EDGAR
2026-05-07 Christine Hurtsellers Director Buy (P) +321 $37.38 $12.0K EDGAR
2026-01-27 Kenneth J Phelan Director Buy (P) +269 $37.10 $10.0K EDGAR
2025-04-09 Thomas Rowe Wright Director Buy (P) +378 $29.55 $11.2K EDGAR
2025-01-15 William K Bacic Buy (P) +288 $34.70 $10.0K EDGAR
2024-12-26 Noni L Ellison Buy (P) +315 $35.90 $11.3K EDGAR
2024-01-04 Dean Garfield Director Buy (P) +512 $30.55 $15.7K EDGAR
2023-10-13 Noni L Ellison Director Buy (P) +432 $25.28 $10.9K EDGAR
2022-08-09 Steven R Pruchansky Sell (S) −1,091 $37.94 -$41.4K EDGAR
2020-11-18 Frances G Rathke Buy (P) +367 $27.27 $10.0K EDGAR
2016-10-03 Hassell H McClellan Sell (S) −147 $27.46 -$4.0K EDGAR
2016-01-04 James Boyle Buy (P) +548 $27.37 $15.0K EDGAR
2013-11-19 Theron S Hoffman Sell (S) −81 $22.22 -$1.8K EDGAR
2013-11-18 Charles L Bardelis Buy (P) +300 $22.18 $6.7K EDGAR
2013-11-12 Grace K Fey Sell (S) −73 $21.71 -$1.6K EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.

BTO Insider Holdings

5 insiders · @ $37.26
Officers, directors, and 10%+ owners who have filed a Form 4 in the past two years, ranked by current disclosed exposure (shares × today's price). Shares are direct + indirect (via trusts / LLCs / spouse). Excludes unvested RSU and option grants — those aren't beneficially owned until vest.
# Insider Role Shares Disclosed Exposure Lifetime OM Net Filings Last Filed
1 Noni Ellison McKee Director 756 $28.2K $22.2K 2 2024-12-26
2 William K Bacic 472 $17.6K $17.5K 2 2026-07-22
3 Thomas Rowe Wright Director 378 $14.1K $11.2K 1 2025-04-09
4 Kenneth J Phelan Director 269 $10.0K $10.0K 1 2026-01-27
5 Christine Hurtsellers Director 163 $6.1K $12.0K 1 2026-05-07
Lifetime OM Net = signed sum of open-market buys (P) and sells (S) over their career; excludes grants, tax withholdings, and dispositions to issuer. A large negative number is normal for long-tenured executives — they've sold compensation grants over many years.
ETF Holders
13 ETFs hold BTO
13 shown · $252.05M total exposure · 0.04% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 VXUS Vanguard Total International Stock ETF Vanguard 0.01% $97.1M — 2026-09-30
2 VEA Vanguard FTSE Developed Markets ETF Vanguard 0.02% $64.1M — 2026-09-30
3 RING iShares MSCI Global Gold Miners ETF iShares (BlackRock) 1.44% $33.4M $2.3B 2026-10-20
4 VSS Vanguard FTSE All-World EX-US Small-Cap Index Fund Vanguard 0.16% $24.2M — 2026-09-30
5 IXUS iShares Core MSCI Total International Stock ETF iShares (BlackRock) 0.01% $8.2M $58.1B 2026-10-20
6 SPDW State Street® SPDR® Portfolio Developed World ex-US ETF SPDR (State Street) 0.02% $7.8M $40.9B 2026-10-20
7 IDEV iShares Core MSCI International Developed Markets ETF iShares (BlackRock) 0.02% $7.6M $34.0B 2026-10-20
8 VT Vanguard Total World Stock ETF Vanguard 0.01% $5.6M — 2026-09-30
9 NANR State Street® SPDR® S&P® North American Natural Resources ETF SPDR (State Street) 0.20% $1.7M $840.6M 2026-10-20
10 VSGX Vanguard ESG International Stock ETF Vanguard 0.02% $1.4M — 2026-10-20
11 ISCF iShares International Small-Cap Equity Factor ETF iShares (BlackRock) 0.08% $584,239 $708.5M 2026-10-20
12 WSML iShares MSCI World Small-Cap ETF iShares (BlackRock) 0.06% $415,785 $661.0M 2026-10-20
13 SPGM State Street® SPDR® Portfolio MSCI Global Stock Market ETF SPDR (State Street) 0.00% $82,297 $1.8B 2026-10-20
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.