BHE Options History — November 2024

In November 2024, BHE traded between $45.38 and $51.55. ATM implied volatility averaged 47.4%, placing in the 31.9% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded below realized volatility by 2.1% (HV 20d: 49.5%). Max pain ranged from $40.00 to $50.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.42.

Notable Days

  • 2024-11-06: Highest Volume — 71 contracts
  • 2024-11-12: Largest IV spike — 74.5% change
  • 2024-11-12: Highest IV Rank — 93.9%
  • 2024-11-01: Largest Expected Move — 15.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.36$45.38$51.55$45.62$48.44
Max Pain$44.75$40.00$50.00$45.00$50.00
ATM IV47.4%32.4%102.4%53.1%51.1%
Expected Move11.3%9.2%15.2%15.2%14.6%
HV 20d49.5%37.5%53.7%37.5%46.5%
HV 60d37.6%33.9%39.7%33.9%37.0%
IV Rank31.9%14.8%93.9%38.5%35.6%
IV Percentile65.5%29.4%99.6%81.0%79.4%
Term Structure-5.6%-21.9%19.4%-21.9%-20.5%
VWIV37.7%34.7%40.6%34.7%40.6%
Skew 25d-2.2%-21.4%13.9%13.9%1.5%
Skew 10d-3.1%-28.2%57.0%-15.1%57.0%
Call IV 25d48.9%36.1%73.0%44.4%73.0%
Put IV 25d46.7%29.7%74.5%58.3%74.5%
Bid-Ask Spread %120.70110.89127.13124.16127.13
Gamma HHI0.680.440.800.620.61
Net GEX13.8K5.9K37.5K16.5K6.9K
Net DEX-539.8K-1.2M-353.7K-459.7K-453.3K
Net VEX-1.0K-1.7K-755-1.7K-1.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.003.330.000.00
Total Volume12.907160
Total OI282.55143438434200

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$45.62$45.0053.1%15.2%37.5%38.5%0.0%13.9%-21.9%16.5K-459.7K-1.7K0.00124.16N/AN/A60301133
2024-11-04$45.38$40.0054.3%10.2%37.6%39.8%0.0%4.5%-0.4%14.7K-419.8K-1.7K0.00120.47N/AN/A00304133
2024-11-05$46.36$40.0051.4%10.2%37.9%36.6%0.0%-12.4%-3.0%20.5K-509.8K-1.6K0.00118.72N/AN/A20304133
2024-11-06$51.50$40.0047.3%9.5%52.3%31.9%0.0%-7.1%6.9%37.5K-1.2M-1.3K0.00121.32N/AN/A710305133
2024-11-07$51.55$40.0050.0%10.3%51.9%35.0%34.7%-5.7%-4.8%30.4K-971.7K-8340.02110.89N/AN/A611239133
2024-11-08$51.52$45.0044.1%10.3%51.3%28.4%0.0%-5.9%-6.9%17.8K-826.6K-8340.00121.69N/AN/A230209134
2024-11-11$51.11$45.0058.7%9.2%51.5%44.8%0.0%-7.1%4.1%20.9K-808.5K-7891.38122.18N/AN/A811209134
2024-11-12$49.81$45.00102.4%11.5%52.1%93.9%0.0%11.9%-9.4%13.4K-654.7K-9260.00117.50N/AN/A30208145
2024-11-13$48.52$45.0035.8%10.3%53.3%19.1%0.0%6.1%0.4%14.8K-540.9K-9920.00120.98N/AN/A00209145
2024-11-14$47.93$45.0037.9%10.9%53.5%21.4%0.0%-12.7%-9.4%8.0K-482.5K-9340.00117.13N/AN/A00209145
2024-11-15$47.17$45.0035.8%10.3%53.7%18.6%0.0%-3.5%0.3%9.6K-444.7K-8110.00120.06N/AN/A01209145
2024-11-18$47.14$45.0046.7%13.4%51.6%30.9%0.0%5.6%-2.5%8.3K-371.4K-8370.00123.51N/AN/A0012419
2024-11-19$47.38$45.0044.7%12.8%51.6%28.7%0.0%7.1%-2.5%9.9K-384.9K-7840.00122.75N/AN/A11012419
2024-11-20$46.95$45.0032.8%9.4%51.8%15.1%0.0%-21.4%2.3%8.8K-353.7K-8050.00121.91N/AN/A0012419
2024-11-21$47.83$45.0040.8%11.7%51.4%24.2%0.0%-12.7%-8.4%9.5K-399.4K-7550.00118.31N/AN/A01012420
2024-11-22$48.15$45.0041.1%11.8%51.3%24.6%0.0%-9.0%-21.6%5.9K-403.6K-7790.00118.87N/AN/A1012428
2024-11-25$48.67$45.0032.4%9.3%51.3%14.8%40.6%8.2%19.4%6.7K-401.6K-8213.33123.05N/AN/A31012528
2024-11-26$48.34$50.0040.8%11.7%51.4%24.0%0.0%0.7%-16.2%6.7K-374.6K-8110.30122.25N/AN/A20612638
2024-11-27$47.89$50.0047.8%13.7%51.3%31.9%0.0%-6.3%-18.8%9.0K-377.9K-1.0K0.00121.08N/AN/A10014644
2024-11-29$48.44$50.0051.1%14.6%46.5%35.6%0.0%1.5%-20.5%6.9K-453.3K-1.1K0.00127.13N/AN/A0015644