BHE Options History — June 2018

In June 2018, BHE traded between $28.10 and $30.35. ATM implied volatility averaged 20.0%, placing in the 19.6% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded above realized volatility by 4.9% (HV 20d: 15.0%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 21 of 21 days. Put/call ratio averaged 3.97.

Notable Days

  • 2018-06-14: Highest Volume — 392 contracts
  • 2018-06-12: Largest IV spike — 95.2% change
  • 2018-06-12: Highest IV Rank — 48.2%
  • 2018-06-29: Largest Expected Move — 7.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.32$28.10$30.35$28.10$29.25
Max Pain$25.24$25.00$30.00$25.00$30.00
ATM IV20.0%12.6%30.6%15.2%27.0%
Expected Move5.8%4.4%7.8%4.4%7.8%
HV 20d15.0%11.4%21.7%11.4%21.3%
HV 60d28.0%26.9%28.7%28.5%27.6%
IV Rank19.6%0.0%48.2%5.6%38.8%
IV Percentile19.4%0.0%76.6%1.2%61.9%
Term Structure6.8%2.0%12.9%9.0%12.9%
VWIV21.6%17.1%29.0%23.4%27.2%
Skew 25d5.2%-1.4%31.7%0.2%-1.4%
Skew 10d7.4%-2.2%49.0%5.4%-1.6%
Call IV 25d20.4%16.2%27.2%18.8%27.2%
Put IV 25d25.6%18.1%52.0%19.0%25.8%
Bid-Ask Spread %37.174.6188.0614.5188.06
Gamma HHI0.730.490.950.500.76
Net GEX13.6K-5.3K27.2K-3.6K16.3K
Net DEX-163.9K-304.1K-25.5K-48.8K-197.2K
Net VEX-811-1.1K-618-915-949
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.970.388.206.800.38
Total Volume253.04888392382128
Total OI708446936906509

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-06-01$28.10$25.0015.2%4.4%11.4%5.6%23.4%0.2%9.0%-3.6K-48.8K-9156.8014.51N/AN/A49333160746
2018-06-04$28.18$25.0020.4%6.1%11.4%19.6%29.0%5.7%4.9%-5.3K-25.5K-1.1K6.8055.73N/AN/A49333160746
2018-06-05$28.70$25.0018.2%5.9%12.6%13.7%24.1%5.7%6.1%2.8K-89.7K-8166.8032.95N/AN/A49333160746
2018-06-06$29.20$25.0012.6%5.8%13.4%0.0%22.2%8.1%5.5%8.4K-138.9K-7756.8025.35N/AN/A49333162746
2018-06-07$29.05$25.0021.9%5.9%13.7%24.8%20.2%-1.3%6.5%7.9K-134.5K-7796.8620.21N/AN/A49336162746
2018-06-08$29.18$25.0014.2%5.8%13.7%4.3%22.3%7.6%5.8%7.7K-129.4K-7736.7255.10N/AN/A50336162754
2018-06-11$29.68$25.0015.7%5.6%14.3%8.1%19.3%0.1%6.7%13.0K-175.6K-7228.2015.23N/AN/A41336165754
2018-06-12$29.43$25.0030.6%5.6%14.5%48.2%20.5%-0.3%5.7%12.6K-160.1K-7118.2036.74N/AN/A41336166754
2018-06-13$29.45$25.0020.6%5.9%14.5%21.6%21.6%-1.0%5.0%11.6K-156.5K-7278.2039.82N/AN/A41336166754
2018-06-14$29.43$25.0020.2%5.8%13.0%20.3%20.4%-0.9%5.9%12.5K-157.9K-7016.0034.45N/AN/A56336166754
2018-06-15$29.50$25.0019.6%5.6%12.9%18.9%19.7%-0.4%5.9%16.9K-180.8K-7426.0018.10N/AN/A56336182754
2018-06-18$29.30$25.0019.1%5.5%13.2%17.3%19.1%29.0%9.1%18.9K-154.5K-6180.6950.52N/AN/A5236178268
2018-06-19$29.33$25.0019.0%5.4%13.2%17.1%19.5%-0.1%9.8%17.2K-151.1K-6420.7148.17N/AN/A5841178270
2018-06-20$29.55$25.0017.1%4.9%13.2%11.9%17.1%1.6%9.3%24.6K-199.2K-8000.6615.11N/AN/A6543201275
2018-06-21$29.55$25.0018.7%5.4%12.5%16.4%18.8%-0.8%6.5%23.5K-205.4K-8680.6980.93N/AN/A6243204280
2018-06-22$30.35$25.0017.5%5.0%14.9%13.2%17.6%3.4%7.7%27.2K-304.1K-8670.6815.49N/AN/A6343208280
2018-06-25$29.44$25.0020.3%5.8%19.5%20.6%20.3%20.9%6.8%18.9K-169.9K-8040.684.61N/AN/A6343196280
2018-06-26$30.00$25.0022.3%6.4%20.2%26.1%22.3%31.7%4.8%19.8K-228.7K-8410.6826.62N/AN/A6343201280
2018-06-27$29.70$25.0023.2%6.7%20.8%28.6%23.3%0.7%7.8%17.9K-216.2K-8360.5222.97N/AN/A8343201280
2018-06-28$29.25$25.0026.2%7.5%21.7%36.5%26.3%0.4%2.0%17.6K-217.9K-1.0K0.3879.90N/AN/A9335233281
2018-06-29$29.25$30.0027.0%7.8%21.3%38.8%27.2%-1.4%12.9%16.3K-197.2K-9490.3888.06N/AN/A9335228281