BHE Options History — October 2021

In October 2021, BHE traded between $23.15 and $27.34. ATM implied volatility averaged 42.9%, placing in the 38.8% IV rank vs the trailing year. The 30-day expected move averaged 10.9%. IV traded above realized volatility by 19.8% (HV 20d: 23.1%). 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 7 of 21 days. Put/call ratio averaged 5.30.

Notable Days

  • 2021-10-29: Highest Volume — 291 contracts
  • 2021-10-04: Largest IV spike — 113.6% change
  • 2021-10-04: Highest IV Rank — 79.0%
  • 2021-10-27: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.91$23.15$27.34$27.34$23.29
Max Pain$25.24$25.00$30.00$30.00$25.00
ATM IV42.9%24.3%67.7%31.7%43.0%
Expected Move10.9%7.0%13.8%9.1%12.3%
HV 20d23.1%20.0%35.3%22.8%34.6%
HV 60d24.8%21.0%27.6%26.4%27.6%
IV Rank38.8%8.4%79.0%20.5%38.8%
IV Percentile46.6%1.2%96.4%8.7%51.2%
Term Structure-5.6%-18.6%12.7%0.7%-16.2%
VWIV39.8%26.6%46.6%26.6%46.6%
Skew 25d9.8%-5.8%24.2%10.4%11.0%
Skew 10d11.5%-3.1%32.8%10.9%10.9%
Call IV 25d31.7%20.2%44.6%20.2%31.5%
Put IV 25d41.5%30.6%58.9%30.6%42.5%
Bid-Ask Spread %100.7263.25119.43110.49100.48
Gamma HHI0.620.240.880.870.24
Net GEX5.0K-71312.0K10.7K-483
Net DEX-57.3K-145.4K13.4K-104.8K-2.9K
Net VEX-412-668-244-578-305
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio5.300.009.170.004.94
Total Volume107.1902916291
Total OI273.524250301258301

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-10-01$27.34$30.0031.7%9.1%22.8%20.5%0.0%10.4%0.7%10.7K-104.8K-5780.00110.49N/AN/A6024117
2021-10-04$27.03$25.0067.7%9.2%22.9%79.0%0.0%-5.8%-9.4%12.0K-145.4K-6680.00103.31N/AN/A0024018
2021-10-05$27.18$25.0044.6%13.1%22.4%41.5%0.0%16.6%-8.7%11.3K-111.2K-5720.00110.93N/AN/A0023418
2021-10-06$26.72$25.0043.6%12.3%22.8%39.8%0.0%15.6%-18.6%8.1K-75.4K-4620.00107.60N/AN/A0023418
2021-10-07$27.06$25.0061.7%9.9%23.0%69.1%0.0%14.4%1.7%11.8K-104.9K-5330.00110.34N/AN/A0023418
2021-10-08$26.85$25.0058.3%9.6%23.1%63.7%0.0%13.1%12.7%10.3K-98.3K-5270.00116.36N/AN/A0023418
2021-10-11$26.64$25.0035.2%12.4%22.5%26.2%0.0%11.8%-12.0%4.2K-67.3K-4270.0092.14N/AN/A0023418
2021-10-12$26.16$25.0062.0%11.9%21.6%69.7%0.0%15.0%-10.5%4.4K-48.8K-3700.0093.96N/AN/A0023418
2021-10-13$25.89$25.0024.5%7.0%21.6%8.9%26.6%0.6%6.8%3.7K-46.0K-3510.0094.36N/AN/A3023418
2021-10-14$26.34$25.0043.3%12.4%22.8%39.4%42.1%-0.3%-18.1%3.8K-60.4K-3880.0091.80N/AN/A021023416
2021-10-15$26.14$25.0024.3%7.0%21.5%8.4%0.0%0.5%6.9%3.8K-64.4K-4020.0095.49N/AN/A0023716
2021-10-18$25.49$25.0030.8%8.8%23.0%19.1%39.4%4.2%-3.6%2.4K-25.1K-3370.33119.43N/AN/A31101191
2021-10-19$25.53$25.0032.0%9.2%23.0%21.0%33.2%12.8%8.2%2.4K-38.6K-3940.0094.53N/AN/A10101191
2021-10-20$25.58$25.0036.9%10.6%21.2%28.9%37.5%12.5%-6.6%3.2K-41.9K-3449.17101.76N/AN/A24220104191
2021-10-21$25.77$25.0043.9%12.6%20.5%40.3%43.6%9.9%-8.7%3.3K-45.0K-4009.1797.13N/AN/A24220104191
2021-10-22$25.38$25.0040.4%11.6%20.3%34.6%39.9%13.9%-13.0%2.7K-31.5K-3568.84101.73N/AN/A25221104191
2021-10-25$25.74$25.0038.2%10.9%20.7%31.1%38.9%16.3%4.2%3.2K-35.8K-3208.84101.61N/AN/A25221105192
2021-10-26$25.72$25.0044.0%12.6%20.0%40.4%44.2%-2.7%-10.2%3.1K-33.7K-3238.8497.43N/AN/A25221105192
2021-10-27$25.20$25.0048.1%13.8%20.3%47.1%40.7%24.2%-14.9%2.5K-34.7K-3567.8963.25N/AN/A28221105192
2021-10-28$23.15$25.0047.9%13.7%35.3%46.8%44.6%11.9%-8.1%-71313.4K-2445.53111.05N/AN/A40221108192
2021-10-29$23.29$25.0043.0%12.3%34.6%38.8%46.6%11.0%-16.2%-483-2.9K-3054.94100.48N/AN/A4924299202