BHE Options History — October 2019

In October 2019, BHE traded between $28.75 and $34.40. ATM implied volatility averaged 27.5%, placing in the 25.0% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 8.5% (HV 20d: 19.0%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 4 of 23 days. Put/call ratio averaged 1.49.

Notable Days

  • 2019-10-29: Highest Volume — 142 contracts
  • 2019-10-09: Largest IV spike — 116.9% change
  • 2019-10-24: Highest IV Rank — 44.3%
  • 2019-10-24: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.59$28.75$34.40$28.80$33.75
Max Pain$29.57$25.00$30.00$25.00$30.00
ATM IV27.5%11.8%39.2%23.4%20.0%
Expected Move8.6%4.6%11.2%6.7%5.7%
HV 20d19.0%16.0%24.2%22.0%24.2%
HV 60d25.1%24.0%25.8%25.7%25.4%
IV Rank25.0%0.0%44.3%16.0%13.2%
IV Percentile39.1%0.0%81.0%17.1%9.9%
Term Structure-3.1%-10.0%15.1%8.8%-1.3%
VWIV36.2%16.0%90.4%31.4%90.4%
Skew 25d8.0%-6.3%35.6%35.6%-3.5%
Skew 10d10.7%-22.1%35.9%35.6%-9.5%
Call IV 25d26.3%18.1%33.3%22.9%24.0%
Put IV 25d34.3%20.5%58.5%58.5%20.5%
Bid-Ask Spread %84.4945.82102.0866.6790.95
Gamma HHI0.570.460.870.460.83
Net GEX12.0K5.3K28.1K7.1K24.7K
Net DEX-389.5K-790.2K-226.6K-229.5K-674.5K
Net VEX-642-804-355-570-579
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.490.007.330.005.00
Total Volume17.261014206
Total OI350.652258457328457

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-10-01$28.80$25.0023.4%6.7%22.0%16.0%0.0%35.6%8.8%7.1K-229.5K-5700.0066.67N/AN/A00140188
2019-10-02$29.08$25.0017.2%4.9%21.5%5.7%0.0%-4.4%15.1%8.1K-242.9K-5740.0069.26N/AN/A00140188
2019-10-03$28.75$30.0025.6%9.3%18.4%19.8%0.0%-6.3%-5.2%5.5K-226.6K-5870.0093.27N/AN/A20140188
2019-10-04$29.13$30.0011.8%9.0%18.7%0.0%31.4%-3.3%-4.0%7.7K-241.0K-5870.00102.08N/AN/A40142188
2019-10-07$29.14$30.0020.2%9.5%17.6%13.5%33.0%8.2%-5.4%7.8K-245.0K-6050.1085.70N/AN/A101146189
2019-10-08$28.98$30.0015.9%9.4%17.6%6.6%0.0%6.7%-4.9%9.2K-238.7K-5990.0085.92N/AN/A50154190
2019-10-09$29.16$30.0034.5%9.9%16.1%36.7%0.0%-2.7%-4.6%10.4K-244.4K-6350.0093.75N/AN/A00159190
2019-10-10$29.36$30.0033.3%9.6%16.0%34.8%0.0%9.4%-6.1%10.8K-260.6K-6170.0087.10N/AN/A00159190
2019-10-11$30.05$30.0034.1%9.8%17.5%36.0%34.1%17.2%-3.3%11.1K-283.1K-6210.1488.38N/AN/A71159190
2019-10-14$29.76$30.0033.2%9.5%17.8%34.6%33.1%-2.0%-5.8%13.2K-279.1K-5960.0597.14N/AN/A623161191
2019-10-15$30.36$30.0033.9%9.7%18.5%35.7%29.4%8.3%-7.2%22.9K-430.5K-7600.0093.36N/AN/A03223192
2019-10-16$30.37$30.0033.7%9.7%18.5%35.4%33.7%7.5%-6.5%22.6K-433.9K-7350.0093.48N/AN/A03223195
2019-10-17$30.90$30.0034.4%9.9%18.9%36.6%0.0%11.5%-7.0%13.7K-469.7K-7040.0089.78N/AN/A01223198
2019-10-18$30.61$30.0035.2%10.1%18.0%37.9%35.4%19.2%-7.7%13.0K-439.8K-8040.0084.37N/AN/A021223199
2019-10-21$30.95$30.0037.4%10.7%17.6%41.4%37.4%21.3%-8.0%10.3K-402.9K-7473.3378.61N/AN/A31019563
2019-10-22$30.77$30.0034.9%10.0%17.9%37.3%40.7%19.9%-5.7%9.7K-387.8K-7860.0083.54N/AN/A0419873
2019-10-23$30.66$30.0036.1%10.4%17.3%39.4%0.0%10.2%-6.9%9.2K-378.8K-7690.0086.42N/AN/A0019882
2019-10-24$30.72$30.0039.2%11.2%16.9%44.3%39.2%21.3%-10.0%9.2K-372.9K-7831.4065.19N/AN/A152119882
2019-10-25$31.54$30.0020.1%5.8%18.6%13.5%22.9%2.0%8.9%9.0K-494.1K-6477.3345.82N/AN/A322206104
2019-10-28$32.59$30.0018.0%5.1%21.1%9.9%30.5%-0.7%-1.4%5.3K-547.7K-5240.4085.81N/AN/A2510203127
2019-10-29$33.83$30.0016.1%4.6%22.9%6.9%16.0%13.6%3.0%7.6K-644.0K-3550.0487.95N/AN/A1375225137
2019-10-30$34.40$30.0024.6%7.0%23.1%20.6%90.4%-5.5%-5.1%28.1K-790.2K-5791.6088.68N/AN/A58307142
2019-10-31$33.75$30.0020.0%5.7%24.2%13.2%0.0%-3.5%-1.3%24.7K-674.5K-5795.0090.95N/AN/A15307150