BHE Options History — June 2023

In June 2023, BHE traded between $23.36 and $25.89. ATM implied volatility averaged 46.2%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded above realized volatility by 17.0% (HV 20d: 29.2%). Max pain ranged from $20.00 to $25.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.25.

Notable Days

  • 2023-06-12: Highest Volume — 22 contracts
  • 2023-06-12: Largest IV spike — 64.0% change
  • 2023-06-13: Highest IV Rank — 53.0%
  • 2023-06-02: Largest Expected Move — 17.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.99$23.36$25.89$23.36$25.84
Max Pain$24.52$20.00$25.00$20.00$25.00
ATM IV46.2%27.6%80.5%59.5%35.8%
Expected Move11.3%7.2%17.2%17.0%10.3%
HV 20d29.2%23.7%31.4%23.7%28.1%
HV 60d24.5%22.8%25.8%22.8%23.4%
IV Rank21.0%3.7%53.0%33.3%11.3%
IV Percentile46.9%3.6%94.0%82.9%21.8%
Term Structure0.8%-16.7%23.6%-8.4%17.5%
VWIV42.9%22.3%74.4%37.3%28.0%
Skew 25d7.4%-20.4%36.9%4.2%11.6%
Skew 10d9.0%-62.2%38.9%-62.2%20.0%
Call IV 25d31.9%22.3%60.3%45.7%25.7%
Put IV 25d39.3%23.2%59.8%49.8%37.4%
Bid-Ask Spread %113.3396.55130.46119.76113.94
Gamma HHI0.900.750.970.960.75
Net GEX-45.0K-77.6K-21.1K-61.4K-21.1K
Net DEX336.9K-33.2K767.5K767.5K-33.2K
Net VEX-2.4K-3.6K-1.4K-3.6K-1.4K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.250.002.000.002.00
Total Volume4.33302200
Total OI1,071.0481,0541,1101,0541,108

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$23.36$20.0059.5%17.0%23.7%33.3%0.0%4.2%-8.4%-61.4K767.5K-3.6K0.00119.76N/AN/A0067987
2023-06-02$24.40$20.0059.8%17.2%25.7%33.7%0.0%-20.4%-16.7%-39.9K612.8K-3.4K0.00123.08N/AN/A0067987
2023-06-05$23.76$25.0050.4%14.1%28.2%24.9%37.3%-6.3%-10.3%-57.2K752.1K-3.5K0.00113.44N/AN/A0367987
2023-06-06$24.23$25.0041.1%11.3%27.1%16.2%0.0%9.1%-7.4%-40.5K580.8K-3.2K0.00108.50N/AN/A0167990
2023-06-07$25.09$25.0064.0%10.6%28.6%37.6%60.8%36.9%-0.1%-38.6K522.4K-3.2K0.00130.46N/AN/A0167990
2023-06-08$24.73$25.0065.5%12.0%29.7%39.0%0.0%-9.7%-10.1%-72.6K434.1K-2.6K0.00124.11N/AN/A0067989
2023-06-09$24.52$25.0039.6%7.2%30.2%14.8%74.4%-3.2%3.3%-51.4K512.7K-3.0K0.00127.37N/AN/A1067989
2023-06-12$25.02$25.0065.0%8.6%30.5%38.5%0.0%2.6%1.4%-77.6K155.9K-1.6K0.00118.64N/AN/A22066989
2023-06-13$25.32$25.0080.5%11.1%30.5%53.0%0.0%-2.7%4.0%-47.0K349.2K-2.5K0.00114.73N/AN/A0073989
2023-06-14$25.01$25.0034.2%9.8%30.8%9.8%0.0%-1.9%-7.1%-42.0K249.2K-2.2K0.00118.29N/AN/A0073989
2023-06-15$25.24$25.0032.6%9.3%30.2%8.3%0.0%-1.6%23.6%-44.8K269.0K-2.3K0.00110.46N/AN/A0071989
2023-06-16$25.29$25.0037.6%10.8%30.0%13.0%0.0%2.7%4.1%-38.3K261.0K-2.2K0.00110.89N/AN/A21071989
2023-06-20$25.64$25.0036.8%10.5%30.1%12.2%41.8%18.2%-12.7%-36.3K186.4K-2.1K0.00113.64N/AN/A3086985
2023-06-21$25.66$25.0027.6%7.9%30.0%3.7%0.0%14.0%10.7%-33.0K29.9K-1.4K0.0096.55N/AN/A8087985
2023-06-22$25.19$25.0035.4%10.1%30.9%10.9%0.0%10.3%12.8%-39.6K228.8K-2.2K0.0098.60N/AN/A0095985
2023-06-23$24.83$25.0034.6%9.9%31.4%10.2%22.3%28.4%-8.2%-46.9K259.6K-2.2K0.00104.14N/AN/A4095985
2023-06-26$25.02$25.0036.5%10.5%30.7%12.0%36.0%-2.4%5.5%-49.1K237.3K-2.1K0.00109.21N/AN/A0298988
2023-06-27$25.31$25.0041.1%11.8%29.2%16.2%0.0%20.2%-0.7%-37.8K191.0K-1.9K0.00103.90N/AN/A22098990
2023-06-28$25.52$25.0039.8%11.4%28.5%15.0%0.0%26.9%-0.5%-33.8K170.4K-2.1K0.00102.45N/AN/A00120990
2023-06-29$25.89$25.0052.7%15.1%28.4%27.1%28.0%19.3%16.8%-36.7K337.1K-2.5K2.00117.75N/AN/A12120990
2023-06-30$25.84$25.0035.8%10.3%28.1%11.3%0.0%11.6%17.5%-21.1K-33.2K-1.4K0.00113.94N/AN/A00120988