BHE Options History — November 2017

In November 2017, BHE traded between $29.20 and $31.13. ATM implied volatility averaged 21.8%, placing in the 11.2% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded below realized volatility by 15.5% (HV 20d: 37.3%). Max pain ranged from $30.00 to $30.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 4.50.

Notable Days

  • 2017-11-08: Highest Volume — 338 contracts
  • 2017-11-07: Largest IV drop — 23.9% change
  • 2017-11-03: Highest IV Rank — 14.5%
  • 2017-11-01: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.28$29.20$31.13$30.18$30.55
Max Pain$30.00$30.00$30.00$30.00$30.00
ATM IV21.8%18.3%24.1%23.0%21.7%
Expected Move6.2%5.5%6.6%6.6%6.2%
HV 20d37.3%19.1%52.9%51.1%19.1%
HV 60d33.2%32.7%33.5%32.7%33.3%
IV Rank11.2%6.2%14.5%13.0%11.1%
IV Percentile23.4%4.4%40.1%29.8%21.4%
Term Structure1.3%-1.7%5.8%-1.7%0.6%
VWIV22.1%20.6%23.7%23.0%21.7%
Skew 25d4.6%-7.4%23.2%2.3%0.6%
Skew 10d13.6%-11.1%45.3%5.4%3.8%
Call IV 25d19.7%16.8%28.7%26.0%22.3%
Put IV 25d24.3%18.9%43.5%28.3%22.9%
Bid-Ask Spread %46.0813.1887.7787.7724.03
Gamma HHI0.770.640.880.720.79
Net GEX-60.2K-114.5K-37.3K-50.8K-60.3K
Net DEX334.2K45.6K704.4K389.6K189.5K
Net VEX-3.2K-3.7K-2.8K-3.7K-2.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.502.009.479.472.19
Total Volume266.524167338314185
Total OI1,289.199941,4501,4401,053

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2017-11-01$30.18$30.0023.0%6.6%51.1%13.0%23.0%2.3%-1.7%-50.8K389.6K-3.7K9.4787.77N/AN/A30284902538
2017-11-02$30.00$30.0022.1%5.9%50.9%11.7%20.7%19.7%0.9%-58.8K449.7K-3.6K6.3117.79N/AN/A45284909538
2017-11-03$29.53$30.0024.1%6.2%51.0%14.5%21.6%0.6%0.6%-56.9K627.5K-3.3K6.1113.18N/AN/A47287900538
2017-11-06$29.95$30.0024.0%6.2%51.5%14.3%21.7%1.7%1.3%-60.2K464.2K-3.4K5.5348.03N/AN/A51282897537
2017-11-07$29.20$30.0018.3%6.4%51.7%6.2%22.3%-0.8%-0.8%-62.4K704.4K-3.1K5.6415.44N/AN/A50282898537
2017-11-08$29.58$30.0021.7%6.2%52.3%11.1%21.7%1.0%0.8%-66.1K572.8K-3.3K5.0442.14N/AN/A56282902537
2017-11-09$30.03$30.0022.3%6.4%52.9%11.9%22.3%1.8%1.8%-63.2K440.9K-3.5K5.8830.27N/AN/A48282902537
2017-11-10$30.15$30.0022.0%6.3%52.9%11.4%21.9%-7.4%3.3%-64.0K368.5K-3.5K5.7640.61N/AN/A49282902537
2017-11-13$29.95$30.0022.6%6.5%52.8%12.3%22.5%1.8%-0.9%-75.5K477.0K-3.2K5.8864.20N/AN/A48282903537
2017-11-14$29.98$30.0022.9%6.6%52.9%12.8%22.9%23.2%-1.1%-80.9K478.8K-3.1K5.8867.45N/AN/A48282903537
2017-11-15$29.63$30.0022.7%6.5%52.6%12.5%22.7%0.6%-0.0%-76.6K587.1K-3.0K6.5333.67N/AN/A43281903537
2017-11-16$30.03$30.0022.2%6.4%21.1%11.8%22.2%3.3%0.7%-114.5K442.8K-3.1K3.4156.42N/AN/A54184904539
2017-11-17$30.55$30.0022.9%6.6%21.4%12.8%22.9%4.3%-1.7%-44.6K175.6K-3.0K3.4749.47N/AN/A53184914536
2017-11-20$30.68$30.0020.5%5.9%21.4%9.4%20.6%16.1%3.0%-46.6K160.5K-3.0K3.2781.95N/AN/A45147537457
2017-11-21$31.13$30.0022.3%6.4%21.8%11.9%22.5%4.6%2.0%-37.3K45.6K-3.1K2.5661.16N/AN/A57146537493
2017-11-22$30.83$30.0021.8%6.3%21.6%11.2%21.9%3.3%2.8%-42.1K105.7K-3.2K2.5661.37N/AN/A57146558494
2017-11-24$31.05$30.0021.5%6.2%21.5%10.7%23.7%5.6%2.9%-45.1K50.6K-2.9K2.5680.31N/AN/A57146558494
2017-11-27$30.95$30.0019.0%5.5%21.1%7.2%22.0%7.3%4.8%-56.2K84.0K-2.8K2.2735.95N/AN/A51116558494
2017-11-28$30.95$30.0019.0%5.5%20.9%7.2%21.6%4.6%5.8%-52.3K96.6K-2.8K2.1520.62N/AN/A54116559499
2017-11-29$30.95$30.0021.4%6.1%20.5%10.7%21.5%2.8%3.1%-49.1K107.6K-2.9K2.0035.76N/AN/A58116559499
2017-11-30$30.55$30.0021.7%6.2%19.1%11.1%21.7%0.6%0.6%-60.3K189.5K-2.8K2.1924.03N/AN/A58127554499