BHE Options History — June 2021

In June 2021, BHE traded between $28.44 and $31.21. ATM implied volatility averaged 41.2%, placing in the 23.5% IV rank vs the trailing year. The 30-day expected move averaged 11.5%. IV traded above realized volatility by 21.2% (HV 20d: 20.1%). Max pain ranged from $25.00 to $30.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 1.59.

Notable Days

  • 2021-06-29: Highest Volume — 238 contracts
  • 2021-06-18: Largest IV spike — 79.9% change
  • 2021-06-18: Highest IV Rank — 36.3%
  • 2021-06-18: Largest Expected Move — 15.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.72$28.44$31.21$30.93$28.57
Max Pain$25.45$25.00$30.00$30.00$25.00
ATM IV41.2%30.0%54.0%44.6%31.5%
Expected Move11.5%8.6%15.5%12.8%9.0%
HV 20d20.1%16.8%26.2%26.2%17.3%
HV 60d25.5%22.0%27.2%27.2%22.0%
IV Rank23.5%9.5%36.3%28.4%11.2%
IV Percentile34.9%3.6%76.2%44.0%5.2%
Term Structure-3.5%-21.4%27.5%-6.8%-5.3%
VWIV35.2%22.5%50.4%30.9%34.2%
Skew 25d14.3%-16.3%94.3%40.6%-16.3%
Skew 10d18.7%-19.1%125.2%79.9%-19.1%
Call IV 25d32.6%21.7%45.3%37.7%39.6%
Put IV 25d46.9%23.3%121.9%78.2%23.3%
Bid-Ask Spread %113.5983.25130.39119.42105.75
Gamma HHI0.690.500.920.500.92
Net GEX16.6K12.5K20.7K12.5K18.8K
Net DEX-281.0K-417.5K-176.8K-297.5K-176.8K
Net VEX-1.3K-1.5K-1.0K-1.3K-1.0K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.590.0010.000.001.00
Total Volume24.773023804
Total OI306.955267318267313

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-06-01$30.93$30.0044.6%12.8%26.2%28.4%0.0%40.6%-6.8%12.5K-297.5K-1.3K0.00119.42N/AN/A0022938
2021-06-02$30.55$30.0039.8%11.4%23.2%23.3%0.0%20.6%6.9%12.8K-281.2K-1.3K0.00130.39N/AN/A0022938
2021-06-03$30.58$25.0035.4%8.9%23.0%18.6%30.9%11.6%-5.4%14.3K-266.5K-1.2K0.00106.98N/AN/A50022938
2021-06-04$31.05$25.0039.5%10.3%23.4%23.0%0.0%-1.4%1.8%15.6K-417.5K-1.5K0.00118.65N/AN/A0027938
2021-06-07$30.93$25.0047.2%12.8%23.2%31.2%0.0%14.8%-16.6%18.0K-384.0K-1.4K0.00111.99N/AN/A0027938
2021-06-08$31.21$25.0047.7%10.2%22.6%31.8%0.0%35.6%-2.0%20.7K-400.4K-1.4K0.00118.17N/AN/A0027938
2021-06-09$30.57$25.0036.7%10.5%22.0%19.9%0.0%10.5%-7.5%19.4K-374.6K-1.4K0.00116.80N/AN/A0027938
2021-06-10$30.40$25.0047.1%13.5%20.4%31.1%0.0%14.6%-20.4%17.0K-350.0K-1.4K0.00119.70N/AN/A1027938
2021-06-11$30.50$25.0045.2%13.0%18.2%29.0%0.0%15.3%-21.4%16.5K-359.7K-1.4K0.00119.95N/AN/A0028038
2021-06-14$30.12$25.0047.3%13.6%16.8%31.3%0.0%12.0%-14.7%16.1K-332.5K-1.4K0.00120.35N/AN/A0028038
2021-06-15$29.93$25.0045.1%12.9%16.9%28.9%0.0%9.3%-17.3%17.2K-324.7K-1.4K0.00117.53N/AN/A0028038
2021-06-16$29.48$25.0037.0%10.6%17.6%20.3%0.0%16.4%-3.4%17.8K-308.8K-1.3K0.00116.44N/AN/A0028038
2021-06-17$29.18$25.0030.0%8.6%17.8%9.5%32.1%94.3%27.5%18.7K-226.5K-1.1K0.00119.51N/AN/A0328038
2021-06-18$28.44$25.0054.0%15.5%19.6%36.3%50.4%6.5%2.3%13.3K-209.4K-1.2K10.00122.07N/AN/A11027839
2021-06-21$28.78$25.0038.4%11.0%20.3%18.9%0.0%3.4%-3.0%17.4K-223.8K-1.1K0.00120.98N/AN/A0027725
2021-06-22$28.61$25.0047.4%13.6%20.2%28.9%0.0%-14.3%-14.4%14.7K-191.1K-1.1K0.00117.28N/AN/A0027725
2021-06-23$28.56$25.0033.9%9.7%20.1%13.8%22.5%9.9%18.4%16.0K-180.4K-1.0K0.07109.39N/AN/A2121527725
2021-06-24$28.87$25.0038.5%11.0%20.6%19.0%0.0%4.9%2.2%15.7K-210.2K-1.1K0.00104.18N/AN/A11027725
2021-06-25$29.01$25.0039.8%11.4%17.6%20.4%0.0%40.4%4.1%18.4K-201.2K-1.1K0.0086.68N/AN/A0028825
2021-06-28$28.99$25.0043.8%12.6%17.3%24.9%0.0%-10.1%1.6%16.9K-243.0K-1.2K0.0083.25N/AN/A0028825
2021-06-29$28.62$25.0037.0%10.6%17.6%17.4%41.1%-4.2%-3.2%16.7K-222.8K-1.1K0.07113.47N/AN/A2231528825
2021-06-30$28.57$25.0031.5%9.0%17.3%11.2%34.2%-16.3%-5.3%18.8K-176.8K-1.0K1.00105.75N/AN/A2228825