BHE Options History — October 2018

In October 2018, BHE traded between $21.83 and $24.63. ATM implied volatility averaged 37.8%, placing in the 60.2% IV rank vs the trailing year. The 30-day expected move averaged 11.2%. IV traded above realized volatility by 15.4% (HV 20d: 22.4%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 10 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 3.73.

Notable Days

  • 2018-10-17: Highest Volume — 688 contracts
  • 2018-10-04: Largest IV spike — 73.0% change
  • 2018-10-12: Highest IV Rank — 100.0%
  • 2018-10-30: Largest Expected Move — 18.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$23.53$21.83$24.63$23.72$21.83
Max Pain$23.91$22.50$25.00$25.00$25.00
ATM IV37.8%16.5%63.0%27.2%33.1%
Expected Move11.2%4.7%18.1%7.8%9.5%
HV 20d22.4%18.9%35.4%19.3%35.4%
HV 60d33.2%18.4%43.6%43.2%25.1%
IV Rank60.2%10.3%100.0%39.2%40.6%
IV Percentile82.1%3.2%100.0%66.3%79.4%
Term Structure-8.0%-28.0%19.4%8.1%-7.1%
VWIV39.6%16.9%63.5%26.0%34.9%
Skew 25d7.2%-2.7%14.6%2.9%1.4%
Skew 10d17.3%-2.3%39.0%1.1%-1.1%
Call IV 25d35.4%12.2%64.1%24.2%35.7%
Put IV 25d42.6%25.7%70.6%27.1%37.1%
Bid-Ask Spread %48.2323.83108.9626.6663.84
Gamma HHI0.600.470.810.550.75
Net GEX-15.4K-86.2K90.3K-34.2K-34.5K
Net DEX577.3K-156.5K1.0M693.0K901.3K
Net VEX-3.9K-4.4K-3.0K-4.4K-3.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.730.448.556.104.46
Total Volume299.565198688362273
Total OI1,726.4781,0742,3751,9111,428

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2018-10-01$23.72$25.0027.2%7.8%19.3%39.2%26.0%2.9%8.1%-34.2K693.0K-4.4K6.1026.66N/AN/A513117671,144
2018-10-02$23.78$25.0021.5%6.2%18.9%23.9%24.1%0.1%5.1%-26.7K631.9K-4.4K4.1526.35N/AN/A753117751,132
2018-10-03$24.00$25.0016.5%4.7%19.5%10.3%16.9%14.6%19.4%-11.4K508.0K-4.3K5.7623.83N/AN/A543117991,132
2018-10-04$23.65$22.5028.5%9.8%19.5%42.7%34.0%7.3%-7.7%-37.3K731.1K-4.3K3.9128.72N/AN/A542118001,132
2018-10-05$23.33$22.5027.2%10.2%19.8%39.3%34.9%6.2%-6.6%-64.9K994.9K-4.3K3.9124.71N/AN/A542117991,182
2018-10-08$23.29$22.5029.1%10.3%19.4%44.3%35.0%9.3%-6.7%-65.6K998.3K-4.0K3.7229.50N/AN/A542017991,182
2018-10-09$23.36$22.5025.4%10.3%19.5%34.3%34.8%6.8%-7.5%-65.5K989.1K-4.0K3.6324.68N/AN/A541967991,184
2018-10-10$23.21$22.5040.2%11.5%19.4%74.3%39.0%6.7%-8.2%-59.4K988.6K-4.1K3.5992.06N/AN/A541947991,185
2018-10-11$23.29$22.5039.9%11.4%19.2%73.5%39.4%4.5%-10.1%-86.2K1.0M-3.6K3.3295.62N/AN/A622067991,190
2018-10-12$23.25$22.5054.2%15.5%19.2%100.0%56.8%12.8%-19.9%-66.9K1.0M-3.9K2.86108.96N/AN/A722068071,198
2018-10-15$23.52$22.5043.9%12.6%19.0%75.4%45.1%-2.7%-5.7%-54.3K899.1K-3.6K2.86101.85N/AN/A722068221,198
2018-10-16$23.83$22.5034.4%9.8%19.9%52.3%35.6%7.6%-7.9%-13.9K748.2K-3.1K2.6739.99N/AN/A782088221,184
2018-10-17$24.53$22.5037.0%10.6%22.8%58.7%36.7%11.2%-9.6%90.3K401.1K-3.5K0.4449.83N/AN/A4782108221,187
2018-10-18$24.13$25.0036.6%10.5%23.4%57.8%38.1%8.9%-9.4%56.1K285.7K-4.1K2.4426.78N/AN/A862101,1821,189
2018-10-19$24.29$25.0036.2%10.4%23.2%56.7%36.5%8.1%-9.7%21.7K390.7K-4.0K3.1928.94N/AN/A832651,1861,189
2018-10-22$24.63$25.0037.2%10.7%23.5%59.2%39.4%10.2%-7.9%23.6K-136.6K-4.1K2.4725.34N/AN/A64158582492
2018-10-23$24.58$25.0038.5%11.0%22.4%62.1%38.9%7.1%-8.4%23.9K-156.5K-4.1K3.5963.77N/AN/A44158590497
2018-10-24$23.87$25.0039.1%11.2%23.8%63.6%41.9%8.6%-8.5%19.3K53.0K-4.0K3.6742.36N/AN/A43158590497
2018-10-25$23.66$25.0047.1%13.5%22.1%82.9%45.7%11.8%-12.5%16.8K113.5K-3.9K3.6030.30N/AN/A43155596497
2018-10-26$22.68$25.0051.2%14.7%25.9%92.9%51.2%8.8%-13.7%8.5K334.5K-3.5K4.4735.33N/AN/A43192598496
2018-10-29$21.93$25.0061.4%17.6%27.7%100.0%62.6%1.0%-28.0%1.5K427.3K-3.4K2.3976.78N/AN/A131313598536
2018-10-30$22.87$25.0063.0%18.1%32.1%100.0%63.5%11.5%-21.1%4.7K420.8K-3.9K8.5543.18N/AN/A29248669658
2018-10-31$21.83$25.0033.1%9.5%35.4%40.6%34.9%1.4%-7.1%-34.5K901.3K-3.0K4.4663.84N/AN/A50223679749