BHE Options History — October 2024

In October 2024, BHE traded between $42.70 and $45.79. ATM implied volatility averaged 47.1%, placing in the 31.8% IV rank vs the trailing year. The 30-day expected move averaged 13.5%. IV traded above realized volatility by 18.9% (HV 20d: 28.3%). Max pain ranged from $30.00 to $45.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 2.69.

Notable Days

  • 2024-10-30: Highest Volume — 358 contracts
  • 2024-10-18: Largest IV spike — 26.7% change
  • 2024-10-23: Highest IV Rank — 57.0%
  • 2024-10-23: Largest Expected Move — 20.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.85$42.70$45.79$43.08$43.30
Max Pain$37.61$30.00$45.00$40.00$45.00
ATM IV47.1%30.3%69.6%34.9%60.8%
Expected Move13.5%8.6%20.0%10.0%17.4%
HV 20d28.3%26.1%33.6%30.4%33.6%
HV 60d47.8%30.9%53.6%53.6%33.1%
IV Rank31.8%12.8%57.0%18.0%47.1%
IV Percentile65.2%25.4%94.8%39.7%90.1%
Term Structure-10.9%-45.3%10.3%-6.1%-45.3%
VWIV47.9%24.6%72.2%57.2%41.6%
Skew 25d4.5%-44.7%42.4%-21.6%-44.7%
Skew 10d22.7%-14.6%62.8%-10.1%-14.6%
Call IV 25d54.1%25.6%84.1%50.8%84.1%
Put IV 25d58.6%29.2%94.0%29.2%39.4%
Bid-Ask Spread %111.3095.83119.39114.95106.18
Gamma HHI0.640.330.880.470.33
Net GEX18.2K-10.4K37.5K20.6K-10.4K
Net DEX-477.8K-739.6K-41.3K-503.5K-41.3K
Net VEX-897-1.8K-663-878-1.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio2.690.0050.500.0050.50
Total Volume30.8703580206
Total OI215.783106508206508

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-10-01$43.08$40.0034.9%10.0%30.4%18.0%0.0%-21.6%-6.1%20.6K-503.5K-8780.00114.95N/AN/A0019214
2024-10-02$43.17$40.0036.0%10.3%30.3%19.3%57.2%-25.1%-6.9%20.8K-506.3K-8430.00118.34N/AN/A5019214
2024-10-03$42.70$40.0038.0%9.7%30.6%21.5%0.0%4.3%-2.0%19.7K-467.2K-8340.00115.42N/AN/A1018714
2024-10-04$43.69$40.0033.1%10.2%27.9%16.1%0.0%6.3%-4.2%20.8K-526.4K-7720.00110.37N/AN/A4018714
2024-10-07$43.62$40.0030.3%8.6%27.1%12.8%24.6%12.1%10.3%19.9K-520.2K-6860.00110.73N/AN/A39019114
2024-10-08$43.14$40.0038.1%11.5%27.1%21.6%40.0%9.7%-5.2%29.7K-536.5K-8310.0098.82N/AN/A6023014
2024-10-09$43.50$40.0036.0%10.3%27.0%19.2%0.0%3.3%-2.8%27.6K-590.0K-9120.00114.49N/AN/A0023614
2024-10-10$43.03$40.0038.2%11.0%26.7%21.8%0.0%8.7%-9.5%27.2K-542.2K-8940.00111.95N/AN/A5023614
2024-10-11$44.38$40.0036.2%10.4%27.1%19.6%37.3%12.3%-1.5%36.9K-666.3K-8331.00116.98N/AN/A2224114
2024-10-14$44.29$40.0033.9%9.7%27.1%16.9%24.7%23.5%9.2%29.8K-667.9K-8130.00117.34N/AN/A1024216
2024-10-15$43.52$40.0042.0%12.0%27.8%26.0%43.7%-12.3%-7.8%27.3K-603.1K-8180.00104.73N/AN/A7024316
2024-10-16$44.25$40.0047.5%13.6%27.7%32.2%49.3%42.4%-3.0%30.5K-685.7K-8180.00100.55N/AN/A1025116
2024-10-17$44.88$40.0040.0%11.5%27.0%23.7%53.5%8.2%-0.2%37.5K-739.6K-7690.00110.04N/AN/A4025016
2024-10-18$44.41$30.0050.6%14.5%27.2%35.7%54.8%1.0%-13.4%6.4K-573.1K-6630.33113.66N/AN/A3125216
2024-10-21$42.81$30.0053.7%15.4%30.1%39.2%0.0%14.9%-14.5%6.5K-252.7K-6870.00109.89N/AN/A3201015
2024-10-22$42.86$30.0061.7%17.7%30.1%48.2%0.0%28.3%-22.7%8.1K-304.6K-9370.00119.39N/AN/A001305
2024-10-23$42.93$30.0069.6%20.0%29.5%57.0%0.0%10.1%-33.7%9.3K-304.1K-9110.00118.38N/AN/A101305
2024-10-24$44.14$30.0068.3%19.6%27.9%55.5%45.9%12.5%-32.1%9.0K-341.2K-9370.00113.38N/AN/A201305
2024-10-25$44.75$30.0062.5%17.9%28.3%49.0%0.0%9.6%-21.8%9.4K-376.9K-9120.00114.67N/AN/A301325
2024-10-28$45.17$30.0046.1%13.2%27.6%30.6%59.0%10.6%9.5%10.9K-394.1K-9070.67112.32N/AN/A15101355
2024-10-29$45.03$45.0057.3%16.4%26.1%43.3%72.2%-0.1%-24.0%10.1K-402.5K-1.1K0.00111.41N/AN/A2015015
2024-10-30$45.79$45.0069.3%19.9%26.6%56.7%66.6%-11.1%-23.2%10.3K-444.1K-1.1K1.2795.83N/AN/A15820015115
2024-10-31$43.30$45.0060.8%17.4%33.6%47.1%41.6%-44.7%-45.3%-10.4K-41.3K-1.8K50.50106.18N/AN/A4202303205