BHE Options History — June 2025

In June 2025, BHE traded between $36.26 and $39.44. ATM implied volatility averaged 54.3%, placing in the 29.7% IV rank vs the trailing year. The 30-day expected move averaged 14.1%. IV traded above realized volatility by 30.3% (HV 20d: 24.0%). Max pain ranged from $35.00 to $35.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.19.

Notable Days

  • 2025-06-23: Highest Volume — 12 contracts
  • 2025-06-24: Largest IV spike — 70.2% change
  • 2025-06-05: Highest IV Rank — 60.5%
  • 2025-06-02: Largest Expected Move — 22.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.00$36.26$39.44$36.26$38.78
Max Pain$35.00$35.00$35.00$35.00$35.00
ATM IV54.3%29.2%85.6%76.7%63.1%
Expected Move14.1%8.4%22.0%22.0%18.1%
HV 20d24.0%20.8%25.9%22.7%25.4%
HV 60d57.7%56.6%59.3%58.8%56.7%
IV Rank29.7%4.8%60.5%52.1%37.7%
IV Percentile59.2%5.6%93.7%90.9%79.8%
Term Structure-12.8%-39.1%24.0%-20.5%-19.2%
VWIV40.2%35.6%44.0%40.8%35.6%
Skew 25d-15.8%-68.3%20.7%-8.3%-68.3%
Skew 10d-27.3%-83.0%28.4%-61.1%-83.0%
Call IV 25d62.2%22.2%98.4%82.8%93.0%
Put IV 25d46.5%22.4%90.5%74.5%24.6%
Bid-Ask Spread %103.8192.60113.89113.89109.57
Gamma HHI0.620.480.690.640.50
Net GEX2.8K1.5K3.4K2.1K2.9K
Net DEX-55.9K-86.8K-35.8K-36.5K-82.5K
Net VEX-295-410-234-253-404
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.190.001.000.000.00
Total Volume1.6501200
Total OI69.859756775

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-06-02$36.26$35.0076.7%22.0%22.7%52.1%0.0%-8.3%-20.5%2.1K-36.5K-2530.00113.89N/AN/A00607
2025-06-03$37.55$35.0057.9%16.6%25.5%34.2%0.0%3.2%-6.8%2.4K-42.9K-2590.00112.50N/AN/A40607
2025-06-04$37.10$35.0069.3%19.9%25.5%45.0%0.0%-14.5%-15.4%2.5K-46.7K-2780.0092.60N/AN/A00627
2025-06-05$37.49$35.0085.6%15.6%25.6%60.5%0.0%-14.5%-15.5%2.5K-47.0K-2750.00105.86N/AN/A00627
2025-06-06$37.66$35.0062.6%12.5%25.2%38.7%0.0%1.6%-32.1%3.0K-48.4K-2700.00103.98N/AN/A00627
2025-06-09$38.34$35.0071.0%15.3%25.5%46.6%0.0%20.7%-27.3%3.1K-58.6K-2780.00102.95N/AN/A00627
2025-06-10$38.28$35.0073.5%11.5%21.5%49.0%0.0%1.6%-18.9%3.0K-55.9K-2690.00102.50N/AN/A00627
2025-06-11$38.29$35.0043.5%12.5%20.8%20.5%0.0%-9.3%-24.2%3.1K-55.2K-2610.00107.13N/AN/A00627
2025-06-12$38.02$35.0045.7%13.1%21.0%20.8%0.0%-30.3%-30.6%3.0K-49.4K-2540.0099.61N/AN/A00627
2025-06-13$37.23$35.0038.8%11.1%22.4%14.1%0.0%-23.6%-7.0%3.0K-40.9K-2340.00102.94N/AN/A00627
2025-06-16$38.09$35.0039.0%11.2%23.8%14.4%0.0%-1.3%-15.4%3.4K-50.6K-2370.00102.97N/AN/A10627
2025-06-17$38.20$35.0052.0%14.9%23.4%26.9%0.0%-10.7%-39.1%3.4K-54.5K-2460.0098.32N/AN/A30637
2025-06-18$37.74$35.0034.1%9.8%23.9%9.5%40.8%-13.6%6.7%2.9K-56.8K-2780.50102.24N/AN/A21667
2025-06-20$37.17$35.0035.7%10.2%23.5%11.1%0.0%15.6%15.6%1.5K-39.8K-2591.00105.94N/AN/A33656
2025-06-23$37.48$35.0029.2%8.4%23.6%4.8%0.0%-4.7%24.0%1.6K-35.8K-2510.0099.60N/AN/A120536
2025-06-24$38.81$35.0049.7%14.3%25.9%24.7%44.0%-29.1%12.3%2.5K-66.0K-3840.00100.82N/AN/A10656
2025-06-25$38.84$35.0041.1%11.8%24.7%16.4%35.6%-18.0%-11.4%2.8K-79.4K-4100.00100.38N/AN/A30666
2025-06-26$39.44$35.0055.4%15.9%24.7%30.3%0.0%-44.0%-6.1%3.3K-83.7K-4010.00104.25N/AN/A00696
2025-06-27$39.14$35.0061.3%17.6%25.0%36.0%0.0%-67.7%-24.2%3.2K-86.8K-4030.00108.10N/AN/A00696
2025-06-30$38.78$35.0063.1%18.1%25.4%37.7%0.0%-68.3%-19.2%2.9K-82.5K-4040.00109.57N/AN/A00696