BHE Options History — April 2024

In April 2024, BHE traded between $28.71 and $31.41. ATM implied volatility averaged 40.9%, placing in the 31.7% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 16.3% (HV 20d: 24.5%). Max pain ranged from $25.00 to $25.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.07.

Notable Days

  • 2024-04-23: Highest Volume — 200 contracts
  • 2024-04-04: Largest IV spike — 73.5% change
  • 2024-04-30: Highest IV Rank — 77.2%
  • 2024-04-30: Largest Expected Move — 20.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$29.98$28.71$31.41$29.58$30.36
Max Pain$25.00$25.00$25.00$25.00$25.00
ATM IV40.9%29.2%72.6%31.0%72.6%
Expected Move11.6%8.4%20.8%8.9%20.8%
HV 20d24.5%21.7%27.3%23.8%27.2%
HV 60d34.3%29.9%35.8%34.5%29.9%
IV Rank31.7%14.9%77.2%17.5%77.2%
IV Percentile49.7%14.3%97.6%18.3%97.6%
Term Structure-6.6%-30.6%17.5%6.2%-30.6%
VWIV35.7%29.3%38.3%29.3%37.2%
Skew 25d11.7%-4.3%68.7%3.8%-4.3%
Skew 10d13.8%-26.7%108.3%3.3%-26.6%
Call IV 25d38.0%30.5%59.1%37.4%59.1%
Put IV 25d49.7%40.1%105.8%41.2%54.8%
Bid-Ask Spread %102.1395.75114.40111.73105.44
Gamma HHI0.670.490.890.630.65
Net GEX7.9K-13.0K34.5K11.7K-10.3K
Net DEX-181.9K-314.8K70.1K-272.1K70.1K
Net VEX-838-1.7K-429-742-1.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.070.001.000.000.00
Total Volume18.682020053
Total OI280154398266398

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$29.58$25.0031.0%8.9%23.8%17.5%0.0%3.8%6.2%11.7K-272.1K-7420.00111.73N/AN/A5020363
2024-04-02$29.67$25.0029.3%8.4%23.6%15.1%0.0%68.7%17.5%12.3K-270.7K-7180.00111.57N/AN/A1020363
2024-04-03$30.16$25.0029.2%8.4%24.5%14.9%29.3%62.8%10.2%13.3K-314.8K-7320.00114.40N/AN/A1020363
2024-04-04$29.66$25.0050.7%12.4%24.9%45.7%0.0%0.4%-24.0%9.0K-304.5K-6920.00103.98N/AN/A6020363
2024-04-05$29.91$25.0038.6%11.0%25.0%28.3%0.0%5.1%-9.0%11.3K-301.3K-6650.00100.28N/AN/A0020363
2024-04-08$29.96$25.0045.6%11.6%25.1%38.5%0.0%6.7%-2.3%10.9K-303.2K-6820.00105.16N/AN/A0020363
2024-04-09$29.74$25.0038.5%11.5%22.9%28.3%0.0%5.9%-3.1%12.6K-298.4K-6670.00107.86N/AN/A0020363
2024-04-10$28.71$25.0029.8%8.5%25.8%15.8%0.0%9.2%-1.2%11.2K-192.0K-5260.00100.63N/AN/A20020363
2024-04-11$29.38$25.0035.1%10.1%27.3%23.4%36.1%4.4%-3.1%15.6K-219.0K-4910.0095.75N/AN/A1018363
2024-04-12$29.34$25.0038.7%11.1%25.3%28.6%38.3%11.5%-6.8%14.3K-211.8K-4900.0096.04N/AN/A11018463
2024-04-15$29.30$25.0039.3%11.3%25.2%29.4%0.0%12.3%-6.2%15.1K-196.4K-4290.0098.75N/AN/A0118463
2024-04-16$29.94$25.0035.7%10.2%25.7%24.3%0.0%4.0%-5.5%19.7K-263.6K-4490.00101.82N/AN/A0018464
2024-04-17$30.09$25.0039.4%11.3%25.7%29.6%0.0%5.6%-7.4%34.5K-295.3K-4400.0097.55N/AN/A40018464
2024-04-18$29.88$25.0038.5%11.0%24.5%28.2%0.0%4.1%-4.8%18.4K-260.6K-5010.0897.19N/AN/A60518364
2024-04-19$29.74$25.0037.4%10.7%23.4%26.7%37.4%1.9%-11.6%4.7K-170.0K-6061.0099.72N/AN/A1121369
2024-04-22$30.09$25.0037.2%10.7%23.2%26.3%37.2%3.9%-7.9%4.6K-121.2K-6080.00100.07N/AN/A26012430
2024-04-23$30.49$25.0040.0%11.5%23.5%30.4%0.0%5.7%-6.4%7.3K-187.8K-7310.00103.80N/AN/A020014930
2024-04-24$30.55$25.0041.1%11.8%23.5%31.9%0.0%7.0%-11.2%-12.7K55.6K-1.6K0.0098.79N/AN/A50149230
2024-04-25$30.30$25.0059.1%16.9%21.7%57.7%0.0%24.6%-29.5%-13.0K65.0K-1.7K0.0098.99N/AN/A10154230
2024-04-26$31.29$25.0044.7%12.8%24.3%37.1%0.0%10.4%-13.7%-9.8K-15.8K-1.6K0.0098.40N/AN/A90155230
2024-04-29$31.41$25.0048.0%13.7%23.8%41.8%0.0%4.2%5.5%-6.8K6.5K-1.7K0.0098.88N/AN/A140158230
2024-04-30$30.36$25.0072.6%20.8%27.2%77.2%0.0%-4.3%-30.6%-10.3K70.1K-1.7K0.00105.44N/AN/A30168230