BHE Options History — October 2023

In October 2023, BHE traded between $22.96 and $24.68. ATM implied volatility averaged 46.6%, placing in the 21.3% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded above realized volatility by 24.0% (HV 20d: 22.6%). Max pain ranged from $22.50 to $25.00. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.50.

Notable Days

  • 2023-10-11: Highest Volume — 20 contracts
  • 2023-10-30: Largest IV spike — 78.3% change
  • 2023-10-19: Highest IV Rank — 40.0%
  • 2023-10-19: Largest Expected Move — 19.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$24.02$22.96$24.68$24.36$24.14
Max Pain$23.68$22.50$25.00$25.00$22.50
ATM IV46.6%34.6%66.6%40.1%45.2%
Expected Move13.3%8.3%19.1%11.5%13.0%
HV 20d22.6%17.7%30.1%30.1%27.2%
HV 60d22.5%21.1%24.8%21.7%24.6%
IV Rank21.3%10.2%40.0%15.3%20.0%
IV Percentile57.7%20.2%96.0%41.7%61.5%
Term Structure-9.8%-35.3%19.1%1.1%-13.5%
VWIV33.4%26.2%40.6%40.6%26.2%
Skew 25d7.9%-15.6%39.9%-2.8%5.0%
Skew 10d14.3%-27.4%42.9%13.7%4.3%
Call IV 25d46.6%31.3%65.6%43.5%52.5%
Put IV 25d54.5%39.7%83.7%40.8%57.6%
Bid-Ask Spread %109.8693.75119.3897.84109.82
Gamma HHI0.480.400.810.430.41
Net GEX-1.7K-15.3K3.2K-1.9K-1
Net DEX26.8K-25.4K83.3K3.4K27.2K
Net VEX-1.1K-1.3K-893-1.3K-993
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.002.000.002.00
Total Volume1.54502000
Total OI359.818207436425213

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$24.36$25.0040.1%11.5%30.1%15.3%0.0%-2.8%1.1%-1.9K3.4K-1.3K0.0097.84N/AN/A00202223
2023-10-03$24.34$25.0036.3%10.4%20.0%11.8%0.0%-3.1%-0.5%-3.0K5.3K-1.3K0.0093.75N/AN/A00202223
2023-10-04$24.36$25.0041.9%12.0%19.2%17.0%0.0%-5.1%7.2%-1.6K3.5K-1.3K0.00101.23N/AN/A00202223
2023-10-05$24.13$0.0048.7%8.3%18.3%23.3%0.0%21.2%10.6%-1.3K-7.8K-1.3K0.00109.30N/AN/A00202223
2023-10-06$24.20$0.0052.6%9.5%18.3%26.9%0.0%22.1%-0.1%-1.7K20.9K-1.3K0.00119.38N/AN/A00202223
2023-10-09$24.65$0.0034.7%12.0%19.3%10.3%0.0%16.1%-0.7%1.4K-19.9K-1.2K0.00103.97N/AN/A20202223
2023-10-10$24.68$0.0035.0%17.5%19.2%10.6%0.0%23.5%-30.8%1.5K-14.4K-1.2K0.00108.85N/AN/A00202223
2023-10-11$24.63$0.0036.9%10.6%19.0%12.4%40.6%15.7%8.7%3.2K-25.4K-1.2K0.00119.31N/AN/A200202223
2023-10-12$24.39$25.0047.8%13.7%17.7%22.5%0.0%0.5%-17.9%-328-20.0K-1.2K0.00113.26N/AN/A00212223
2023-10-13$23.74$25.0045.2%12.9%20.2%20.0%0.0%-0.6%-27.0%-6.5K83.3K-1.2K0.00113.16N/AN/A00212223
2023-10-16$24.37$25.0034.6%9.9%22.2%10.2%0.0%26.5%1.6%-2.0K22.6K-1.2K0.00111.00N/AN/A00212223
2023-10-17$24.47$25.0046.6%13.4%22.2%21.3%0.0%17.0%-23.0%-705-3.4K-1.1K0.00116.27N/AN/A00212223
2023-10-18$23.98$25.0064.3%18.4%23.0%37.8%26.2%-7.3%-13.6%-4.5K46.3K-1.1K0.00110.95N/AN/A01212223
2023-10-19$23.36$22.5066.6%19.1%24.0%40.0%0.0%-0.5%-35.3%-15.3K73.1K-1.0K0.00111.49N/AN/A00212224
2023-10-20$23.32$22.5054.9%15.7%23.9%29.1%0.0%10.2%-30.8%-12347.8K-9980.00111.60N/AN/A02212224
2023-10-23$23.00$22.5060.7%17.4%24.1%34.5%0.0%0.5%0.9%-56283.3K-8930.00107.27N/AN/A00105102
2023-10-24$23.19$22.5036.0%10.3%24.1%11.5%0.0%3.9%19.1%-85175.1K-9130.00105.66N/AN/A10105102
2023-10-25$22.96$22.5055.2%15.8%24.0%29.4%0.0%-7.3%-32.3%-45966.8K-9122.00116.54N/AN/A12106102
2023-10-26$24.00$22.5038.5%11.0%27.1%13.8%0.0%39.9%3.2%-35936.0K-1.0K0.00106.03N/AN/A05106102
2023-10-27$23.98$22.5037.0%10.6%26.7%12.4%0.0%13.9%-15.9%-55432.3K-9910.00114.51N/AN/A00106107
2023-10-30$24.29$22.5065.9%18.9%27.1%39.4%0.0%-15.6%-26.1%-2.0K52.8K-9540.00115.83N/AN/A00106107
2023-10-31$24.14$22.5045.2%13.0%27.2%20.0%0.0%5.0%-13.5%-127.2K-9930.00109.82N/AN/A00106107