BHE Options History — August 2022

In August 2022, BHE traded between $25.75 and $32.31. ATM implied volatility averaged 44.0%, placing in the 19.5% IV rank vs the trailing year. The 30-day expected move averaged 12.0%. IV traded below realized volatility by 2.0% (HV 20d: 46.0%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.36.

Notable Days

  • 2022-08-03: Highest Volume — 67 contracts
  • 2022-08-17: Largest IV spike — 132.2% change
  • 2022-08-30: Highest IV Rank — 38.7%
  • 2022-08-30: Largest Expected Move — 19.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$27.63$25.75$32.31$25.75$27.56
Max Pain$24.67$22.50$25.00$22.50$25.00
ATM IV44.0%23.9%68.5%41.6%36.5%
Expected Move12.0%6.9%19.6%11.9%10.5%
HV 20d46.0%23.7%70.5%27.3%70.4%
HV 60d43.8%35.5%52.0%38.0%51.9%
IV Rank19.5%3.8%38.7%17.6%13.7%
IV Percentile41.3%1.2%90.9%37.7%19.8%
Term Structure-6.3%-39.7%19.3%-2.3%-8.8%
VWIV47.1%34.6%65.1%65.1%44.7%
Skew 25d6.8%-15.2%19.4%10.1%13.6%
Skew 10d12.4%-4.0%27.6%20.4%18.1%
Call IV 25d39.5%25.8%59.8%37.5%37.2%
Put IV 25d46.3%32.9%79.2%47.6%50.9%
Bid-Ask Spread %112.3285.71133.80104.94118.78
Gamma HHI0.580.350.950.880.44
Net GEX1.2K-3994.4K1.0K1.3K
Net DEX-55.9K-134.8K-34.5K-37.5K-53.1K
Net VEX-163-225-116-156-158
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.001.090.250.24
Total Volume16.7830673531
Total OI73.08742975052

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-08-01$25.75$22.5041.6%11.9%27.3%17.6%65.1%10.1%-2.3%1.0K-37.5K-1560.25104.94N/AN/A2873119
2022-08-02$26.12$22.5052.3%15.0%25.6%26.0%60.7%-3.4%-18.1%1.4K-43.0K-1640.24102.00N/AN/A2973319
2022-08-03$26.49$22.5039.3%11.3%24.3%15.8%47.7%-2.8%5.0%1.4K-54.0K-1581.0985.71N/AN/A32353919
2022-08-04$26.88$25.0047.9%13.1%23.7%22.6%49.6%1.1%-13.5%-399-44.2K-2250.72107.18N/AN/A39284848
2022-08-05$26.74$25.0054.2%12.3%24.2%27.5%43.7%8.1%-13.6%231-50.2K-1980.72114.92N/AN/A39285833
2022-08-08$26.81$25.0062.5%15.5%24.4%33.9%50.8%11.9%-22.0%443-56.2K-1530.76116.98N/AN/A37286233
2022-08-09$26.15$25.0063.5%11.5%27.2%34.7%0.0%2.6%-17.1%1.1K-38.6K-2000.00113.29N/AN/A006333
2022-08-10$26.92$25.0041.8%12.0%28.0%17.8%0.0%17.6%19.3%803-48.8K-1940.00115.67N/AN/A006333
2022-08-11$27.11$25.0050.8%14.6%27.0%24.8%0.0%12.5%-24.3%1.4K-56.7K-1600.00114.69N/AN/A206333
2022-08-12$27.64$25.0034.4%9.8%27.1%12.0%0.0%13.5%-5.4%2.2K-65.2K-1770.00112.31N/AN/A206333
2022-08-15$27.81$25.0039.8%11.4%26.3%16.2%0.0%-15.2%-17.8%1.3K-62.9K-1590.00100.21N/AN/A006333
2022-08-16$28.15$25.0028.0%8.0%23.8%7.0%34.6%1.6%13.2%3.2K-75.1K-1610.00102.23N/AN/A016333
2022-08-17$32.31$25.0064.9%18.6%51.5%35.8%0.0%0.0%-1.7%1.5K-134.8K-2070.00133.01N/AN/A006333
2022-08-18$28.78$25.0036.8%10.5%69.1%13.9%0.0%11.3%7.3%4.4K-93.9K-1160.00122.99N/AN/A206333
2022-08-19$28.29$25.0033.6%9.6%69.4%11.3%0.0%7.0%1.0%658-73.3K-1240.00114.94N/AN/A006433
2022-08-22$27.89$25.0036.0%10.3%69.7%13.3%0.0%-3.5%-12.7%944-34.9K-1190.0099.81N/AN/A002616
2022-08-23$27.74$25.0032.1%9.2%69.9%10.2%39.2%-1.8%-2.8%708-34.5K-1351.0098.15N/AN/A112616
2022-08-24$27.93$25.0038.3%11.0%69.2%15.0%0.0%2.1%-3.3%903-37.5K-1290.00115.11N/AN/A002716
2022-08-25$28.86$25.0023.9%6.9%69.3%3.8%0.0%18.3%7.3%753-43.5K-1350.00118.22N/AN/A602716
2022-08-26$27.96$25.0035.6%10.2%70.4%12.9%34.8%14.8%4.9%996-47.2K-1780.00112.28N/AN/A203316
2022-08-29$27.92$25.0049.3%14.1%70.5%23.6%0.0%10.5%1.0%1.1K-49.7K-1670.00126.17N/AN/A103516
2022-08-30$27.71$25.0068.5%19.6%70.5%38.7%0.0%19.4%-39.7%1.1K-50.4K-1780.00133.80N/AN/A003616
2022-08-31$27.56$25.0036.5%10.5%70.4%13.7%44.7%13.6%-8.8%1.3K-53.1K-1580.24118.78N/AN/A2563616