BHE Options History — May 2021

In May 2021, BHE traded between $28.84 and $31.40. ATM implied volatility averaged 40.5%, placing in the 24.0% IV rank vs the trailing year. The 30-day expected move averaged 11.1%. IV traded above realized volatility by 14.1% (HV 20d: 26.4%). Max pain ranged from $22.50 to $30.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2021-05-05: Highest Volume — 5 contracts
  • 2021-05-10: Largest IV spike — 88.4% change
  • 2021-05-10: Highest IV Rank — 43.5%
  • 2021-05-12: Largest Expected Move — 14.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$30.30$28.84$31.40$30.90$30.97
Max Pain$28.88$22.50$30.00$22.50$30.00
ATM IV40.5%31.1%58.6%42.7%39.5%
Expected Move11.1%7.2%14.4%12.3%11.3%
HV 20d26.4%22.7%29.7%22.7%28.0%
HV 60d29.4%27.7%30.9%29.2%27.7%
IV Rank24.0%13.9%43.5%26.4%22.9%
IV Percentile28.7%4.4%78.6%34.1%24.2%
Term Structure5.1%-12.5%20.9%0.8%7.0%
VWIV34.9%28.8%40.1%37.8%33.6%
Skew 25d17.8%-6.6%40.1%11.4%20.2%
Skew 10d28.5%3.5%57.8%11.7%18.8%
Call IV 25d33.4%23.5%56.5%33.9%28.0%
Put IV 25d51.2%37.2%69.9%45.3%48.2%
Bid-Ask Spread %118.13107.83128.15119.31119.48
Gamma HHI0.490.470.560.470.51
Net GEX12.6K10.1K15.1K13.9K13.8K
Net DEX-289.3K-354.5K-209.4K-344.8K-301.7K
Net VEX-1.5K-1.7K-1.4K-1.7K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume1.350510
Total OI395.65262442438267

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-05-03$30.90$22.5042.7%12.3%22.7%26.4%0.0%11.4%0.8%13.9K-344.8K-1.7K0.00119.31N/AN/A10287151
2021-05-04$29.82$22.5039.3%11.3%25.2%22.7%0.0%-0.7%-4.9%10.9K-279.1K-1.6K0.00121.72N/AN/A00288151
2021-05-05$30.08$22.5043.8%12.5%23.7%27.5%37.8%7.8%6.4%13.0K-276.9K-1.5K0.00118.96N/AN/A50288151
2021-05-06$30.38$30.0044.8%11.8%24.0%28.6%0.0%15.3%-1.4%13.6K-294.9K-1.6K0.00108.62N/AN/A00288151
2021-05-07$30.68$30.0031.1%12.0%24.3%13.9%0.0%14.5%7.6%12.2K-325.5K-1.6K0.00111.24N/AN/A00288151
2021-05-10$30.21$30.0058.6%7.2%24.9%43.5%0.0%27.8%13.9%13.0K-292.0K-1.5K0.00121.30N/AN/A00288151
2021-05-11$29.48$30.0047.6%11.2%25.7%31.6%0.0%10.6%6.7%11.1K-246.0K-1.4K0.00107.83N/AN/A50288151
2021-05-12$28.84$30.0050.4%14.4%26.8%34.6%0.0%-6.6%-8.9%10.1K-209.4K-1.4K0.00114.41N/AN/A00288151
2021-05-13$29.64$30.0044.4%12.7%28.7%28.2%0.0%10.6%-2.1%11.8K-264.6K-1.4K0.00117.36N/AN/A03288151
2021-05-14$30.36$30.0034.2%9.8%29.7%17.2%34.2%33.1%13.8%12.9K-293.0K-1.5K0.00118.15N/AN/A10288154
2021-05-17$30.38$30.0035.4%10.1%29.3%18.5%0.0%40.1%11.5%13.7K-307.3K-1.5K0.00123.40N/AN/A00289153
2021-05-18$30.46$30.0031.7%9.1%27.7%14.5%28.8%36.6%-2.6%14.2K-295.1K-1.4K0.00127.42N/AN/A10289153
2021-05-19$30.53$30.0033.8%9.7%27.0%16.8%0.0%16.8%20.9%15.1K-323.7K-1.5K0.00128.15N/AN/A40289153
2021-05-20$30.37$30.0039.6%11.4%27.0%23.0%40.1%29.8%-0.2%13.9K-279.3K-1.4K0.00115.71N/AN/A10287153
2021-05-21$30.24$30.0033.6%9.6%26.5%16.6%33.6%10.5%19.3%13.0K-275.2K-1.4K0.00116.40N/AN/A10287153
2021-05-24$30.34$30.0036.3%10.4%26.5%19.5%0.0%32.3%8.7%11.4K-263.6K-1.4K0.00114.27N/AN/A0022438
2021-05-25$30.43$30.0036.8%10.5%26.1%20.0%0.0%31.8%11.8%10.5K-273.8K-1.4K0.00118.59N/AN/A0022438
2021-05-26$30.57$30.0039.5%11.3%26.1%22.9%0.0%13.6%5.4%12.0K-285.6K-1.4K0.00120.80N/AN/A0022438
2021-05-27$31.40$30.0046.7%13.4%27.7%30.7%0.0%0.6%-12.5%12.2K-354.5K-1.4K0.00119.54N/AN/A5022438
2021-05-28$30.97$30.0039.5%11.3%28.0%22.9%0.0%20.2%7.0%13.8K-301.7K-1.4K0.00119.48N/AN/A0022938