BHE Options History — November 2022

In November 2022, BHE traded between $27.93 and $29.28. ATM implied volatility averaged 44.5%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 5.3% (HV 20d: 39.2%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.07.

Notable Days

  • 2022-11-18: Highest Volume — 73 contracts
  • 2022-11-25: Largest IV spike — 74.9% change
  • 2022-11-01: Highest IV Rank — 25.6%
  • 2022-11-01: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.55$27.93$29.28$28.94$28.38
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV44.5%26.4%55.4%55.4%51.7%
Expected Move12.6%7.6%15.9%15.9%14.8%
HV 20d39.2%25.8%43.9%42.6%25.9%
HV 60d40.5%34.1%51.1%51.1%34.2%
IV Rank16.7%2.0%25.6%25.6%22.6%
IV Percentile40.0%0.4%69.0%69.0%60.7%
Term Structure-4.7%-19.2%15.1%-16.7%-19.2%
VWIV48.8%21.3%74.0%74.0%21.3%
Skew 25d9.3%-5.6%31.7%9.6%25.1%
Skew 10d10.5%-8.0%33.3%17.0%33.3%
Call IV 25d39.1%22.5%49.1%48.4%49.1%
Put IV 25d48.4%33.9%74.2%58.1%74.2%
Bid-Ask Spread %122.61108.20130.12124.57130.12
Gamma HHI0.730.530.930.560.93
Net GEX6.3K4.3K12.3K5.4K12.3K
Net DEX-147.2K-200.3K-120.0K-132.3K-162.0K
Net VEX-415-577-310-310-577
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.000.200.100.20
Total Volume36.095073220
Total OI100.1437915379153

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-11-01$28.94$25.0055.4%15.9%42.6%25.6%74.0%9.6%-16.7%5.4K-132.3K-3100.10124.57N/AN/A202781
2022-11-02$28.44$25.0052.6%15.1%43.3%23.3%56.9%13.3%-7.8%4.3K-146.7K-3400.10129.80N/AN/A202831
2022-11-03$28.19$25.0039.1%11.3%43.4%12.3%57.6%19.8%2.9%4.5K-131.6K-3350.06125.27N/AN/A342831
2022-11-04$28.41$25.0050.2%12.8%42.1%21.4%38.8%-0.2%-14.8%5.6K-143.7K-3250.06122.89N/AN/A342831
2022-11-07$28.29$25.0041.9%11.2%41.3%14.6%37.7%4.9%0.9%5.1K-132.8K-3340.06123.18N/AN/A342831
2022-11-08$28.55$25.0052.7%13.0%41.3%23.4%37.0%0.3%1.1%4.5K-142.3K-3400.06125.13N/AN/A342831
2022-11-09$28.05$25.0043.1%12.4%41.7%15.6%44.4%-5.6%-5.1%4.5K-139.8K-3200.06120.79N/AN/A342831
2022-11-10$29.28$25.0035.3%10.1%43.4%9.3%65.4%31.7%-7.1%4.8K-150.5K-3400.09126.88N/AN/A232831
2022-11-11$28.94$25.0048.6%13.9%43.7%20.0%33.0%-4.6%-6.9%4.9K-143.5K-3400.09123.76N/AN/A232831
2022-11-14$28.69$25.0048.6%13.9%43.9%20.1%56.1%8.9%-7.8%4.8K-142.4K-3280.09128.37N/AN/A232831
2022-11-15$28.89$25.0047.3%13.6%43.3%19.0%51.1%4.2%-5.3%4.7K-138.8K-3220.18127.61N/AN/A173831
2022-11-16$28.61$25.0053.5%15.3%43.1%24.0%46.0%0.3%-3.7%4.4K-133.4K-3260.05119.43N/AN/A663831
2022-11-17$28.59$25.0046.0%13.2%43.0%18.0%48.5%4.6%-0.6%8.1K-200.3K-5510.05126.41N/AN/A6631321
2022-11-18$28.64$25.0045.3%13.0%41.3%17.4%52.2%17.5%-14.9%7.1K-178.5K-5070.04118.44N/AN/A7031321
2022-11-21$28.67$25.0031.5%9.0%40.8%6.1%60.4%9.7%15.1%7.1K-154.2K-5400.05114.20N/AN/A5831071
2022-11-22$28.85$25.0041.1%11.8%39.3%13.9%51.2%0.1%-5.3%6.7K-154.3K-5380.05108.20N/AN/A5831071
2022-11-23$28.27$25.0026.4%7.6%39.7%2.0%47.5%5.9%-8.6%8.9K-128.5K-4970.05108.33N/AN/A5831071
2022-11-25$28.88$25.0046.2%13.2%26.9%18.1%0.0%8.2%-12.1%7.7K-157.2K-5230.00120.34N/AN/A001071
2022-11-28$28.05$25.0033.3%9.6%26.9%7.7%21.3%13.0%3.3%7.7K-120.0K-4750.00125.25N/AN/A3301071
2022-11-29$27.93$25.0045.1%12.9%25.8%17.2%0.0%29.5%13.0%9.2K-157.6K-5560.20125.90N/AN/A1021401
2022-11-30$28.38$25.0051.7%14.8%25.9%22.6%0.0%25.1%-19.2%12.3K-162.0K-5770.00130.12N/AN/A001503