BHE Options History — February 2025

In February 2025, BHE traded between $39.66 and $42.46. ATM implied volatility averaged 44.7%, placing in the 26.6% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 8.4% (HV 20d: 36.3%). Max pain ranged from $40.00 to $45.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2025-02-05: Highest Volume — 20 contracts
  • 2025-02-19: Largest IV spike — 47.1% change
  • 2025-02-10: Highest IV Rank — 59.3%
  • 2025-02-19: Largest Expected Move — 14.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$41.37$39.66$42.46$41.05$40.03
Max Pain$40.79$40.00$45.00$45.00$40.00
ATM IV44.7%31.8%72.9%48.0%38.6%
Expected Move11.4%9.1%14.1%13.8%11.1%
HV 20d36.3%24.4%41.2%40.2%24.4%
HV 60d31.1%30.0%37.8%37.7%30.4%
IV Rank26.6%11.6%59.3%30.5%19.5%
IV Percentile57.6%21.4%94.4%73.4%45.2%
Term Structure-5.1%-23.6%16.4%-20.0%5.6%
VWIV31.9%30.4%32.9%30.4%32.2%
Skew 25d-0.2%-10.3%17.9%4.3%11.8%
Skew 10d-18.4%-41.6%11.1%-32.1%0.0%
Call IV 25d40.5%28.3%51.6%28.3%42.1%
Put IV 25d40.2%30.1%57.7%32.6%53.9%
Bid-Ask Spread %113.14103.85121.17121.17120.92
Gamma HHI0.260.210.320.270.28
Net GEX1.9K1.5K2.6K1.9K1.5K
Net DEX59.3K-30.5K113.2K84.1K-21.6K
Net VEX-302-463-127-463-171
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume2.57902000
Total OI140.2116616916770

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$41.05$45.0048.0%13.8%40.2%30.5%0.0%4.3%-20.0%1.9K84.1K-4630.00121.17N/AN/A0011750
2025-02-04$42.06$45.0046.6%13.4%41.0%28.8%0.0%17.9%-6.5%2.0K91.0K-4230.00109.39N/AN/A0011750
2025-02-05$42.11$45.0042.1%12.1%40.9%23.5%30.4%-3.2%-16.1%2.0K97.7K-4110.00108.03N/AN/A02011750
2025-02-06$42.08$40.0048.0%10.1%41.0%30.4%0.0%-8.2%-12.6%2.2K90.3K-4520.00109.81N/AN/A02011750
2025-02-07$41.61$40.0053.9%10.5%41.0%37.2%0.0%0.1%-4.2%1.6K111.1K-3630.00114.42N/AN/A0011750
2025-02-10$42.30$40.0072.9%11.0%41.2%59.3%0.0%-5.3%0.8%2.5K54.3K-4580.00117.85N/AN/A0011750
2025-02-11$41.96$40.0067.8%11.2%40.9%53.4%0.0%-6.9%-6.1%1.8K112.5K-3280.00106.46N/AN/A0011750
2025-02-12$41.48$40.0040.2%11.5%39.8%21.3%0.0%-2.7%-3.2%2.1K83.7K-3800.00115.50N/AN/A0011750
2025-02-13$41.47$40.0040.8%11.7%38.3%22.0%0.0%-5.1%-9.6%2.0K86.3K-3490.00117.71N/AN/A0011750
2025-02-14$41.35$40.0039.4%11.3%38.2%20.5%0.0%-4.5%-16.7%1.6K113.2K-3040.00113.79N/AN/A0011750
2025-02-18$41.97$40.0033.5%9.6%38.9%13.6%32.2%11.2%1.0%1.6K99.7K-2480.00110.74N/AN/A2011750
2025-02-19$42.46$40.0049.3%14.1%37.8%31.9%0.0%-2.1%-23.6%2.6K57.1K-3150.00103.85N/AN/A0011950
2025-02-20$42.17$40.0042.3%12.1%37.7%23.7%0.0%-3.7%-0.3%2.2K89.6K-2620.00111.55N/AN/A0111950
2025-02-21$41.27$40.0039.7%11.4%36.1%20.7%32.9%-0.5%-6.2%2.2K67.6K-2060.00118.22N/AN/A0111931
2025-02-24$40.62$40.0041.8%12.0%36.2%23.2%0.0%-6.4%-5.8%2.0K-30.5K-1710.00107.74N/AN/A00633
2025-02-25$40.06$40.0031.8%9.1%25.6%11.6%32.2%3.0%8.6%1.6K-20.1K-1270.00117.28N/AN/A03633
2025-02-26$40.38$40.0035.8%10.3%25.6%16.2%0.0%-10.3%16.4%1.5K-19.8K-1470.00113.79N/AN/A10635
2025-02-27$39.66$40.0036.8%10.6%25.9%17.4%0.0%6.1%2.5%1.5K-18.9K-1550.00111.36N/AN/A10645
2025-02-28$40.03$40.0038.6%11.1%24.4%19.5%0.0%11.8%5.6%1.5K-21.6K-1710.00120.92N/AN/A00655