XLE Options History — July 2015

In July 2015, XLE traded between $34.26 and $37.27. ATM implied volatility averaged 19.6%, placing in the 33.7% IV rank vs the trailing year. The 30-day expected move averaged 5.7%. IV traded above realized volatility by 3.2% (HV 20d: 16.4%). Max pain ranged from $36.75 to $39.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.73.

Notable Days

  • 2015-07-07: Highest Volume — 231,316 contracts
  • 2015-07-28: Largest IV drop — 13.8% change
  • 2015-07-27: Highest IV Rank — 50.4%
  • 2015-07-27: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$36.11$34.26$37.27$37.09$34.66
Max Pain$37.58$36.75$39.00$39.00$36.75
ATM IV19.6%16.6%24.1%18.3%21.1%
Expected Move5.7%4.8%7.1%5.6%6.0%
HV 20d16.4%13.7%21.0%14.2%21.0%
HV 60d14.3%13.3%16.4%14.3%16.4%
IV Rank33.7%22.9%50.4%29.1%39.2%
IV Percentile46.5%23.8%73.0%43.7%54.8%
Term Structure-0.2%-0.5%0.3%0.1%-0.0%
VWIV20.4%16.8%24.2%19.5%20.8%
Skew 25d3.9%2.8%4.8%3.9%3.8%
Skew 10d7.5%6.1%9.2%7.6%7.0%
Call IV 25d18.1%15.6%22.1%16.7%19.6%
Put IV 25d22.0%18.6%26.6%20.6%23.5%
Bid-Ask Spread %11.058.1614.769.969.19
Gamma HHI0.130.080.410.100.09
Net GEX-95.4M-194.9M-54.5M-79.8M-72.8M
Net DEX1.42B1.08B1.90B1.21B1.76B
Net VEX-6.9M-7.5M-6.3M-7.2M-6.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.730.583.522.011.12
Total Volume142,681.90988,458231,316124,626165,360
Total OI1,515,150.6361,358,4181,676,8561,358,4181,676,856

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-07-01$37.09$39.0018.3%5.6%14.2%29.1%19.5%3.9%0.1%-79.8M1.21B-7.2M2.019.9641,38683,240515,772842,646
2015-07-02$37.27$39.0018.0%5.5%13.7%28.0%19.3%3.7%0.3%-71.6M1.18B-7.3M1.818.6934,64262,868533,796866,198
2015-07-06$36.74$38.0019.6%5.6%13.9%33.9%21.7%4.4%-0.1%-91.4M1.33B-7.0M3.5214.0832,546114,462509,620868,592
2015-07-07$37.09$38.0019.4%5.5%14.5%33.1%20.3%3.7%-0.2%-92.5M1.20B-7.2M2.9413.4358,658172,658513,844900,890
2015-07-08$36.43$38.0021.4%6.1%15.6%40.3%23.3%4.6%-0.2%-120.3M1.56B-7.4M2.3313.7151,922120,734525,514973,620
2015-07-09$36.62$38.0020.8%6.1%15.0%38.4%21.9%4.2%-0.0%-110.7M1.40B-7.5M2.138.1647,644101,588552,748977,568
2015-07-10$36.78$38.0019.7%5.6%15.2%34.3%20.8%4.8%-0.5%-194.9M1.38B-7.4M2.3714.0742,260100,090567,8921,014,022
2015-07-13$37.02$38.0017.7%5.1%15.3%26.7%19.7%3.1%-0.1%-101.0M1.21B-7.1M1.2814.7641,48053,228542,706954,094
2015-07-14$37.27$38.0016.6%4.8%15.6%22.9%18.0%2.8%-0.1%-87.9M1.08B-7.1M1.1511.9341,07447,384554,162965,528
2015-07-15$36.62$38.0018.3%5.3%16.3%28.9%18.7%3.6%-0.2%-116.4M1.36B-6.9M2.189.4239,55286,148566,282969,980
2015-07-16$36.67$38.0016.8%4.8%16.3%23.6%16.8%3.6%-0.0%-157.6M1.38B-6.8M1.1911.1962,13674,236576,9961,013,646
2015-07-17$36.22$37.0017.8%5.1%16.7%27.1%17.2%3.3%0.2%-161.2M1.57B-6.7M0.818.9477,95663,436605,5381,000,930
2015-07-20$35.73$37.0019.0%5.4%16.6%31.5%19.0%4.0%-0.4%-54.5M1.32B-6.3M1.1912.1359,82271,086535,010826,080
2015-07-21$35.74$37.0019.2%5.5%15.9%32.5%20.2%3.7%-0.3%-59.1M1.36B-6.5M1.359.6965,95489,272542,366856,820
2015-07-22$35.45$37.0020.0%5.7%15.8%35.2%20.4%4.0%-0.5%-70.1M1.50B-6.5M1.1610.6850,45058,312562,560902,010
2015-07-23$35.41$37.0020.2%5.8%15.8%35.9%20.2%3.8%-0.4%-71.2M1.52B-6.7M1.6911.5737,40263,318580,708928,486
2015-07-24$34.76$37.0022.8%6.6%16.5%45.7%23.2%4.5%-0.4%-74.5M1.76B-6.5M3.0413.6055,732169,378588,810954,906
2015-07-27$34.26$37.0024.1%7.1%16.6%50.4%24.2%4.5%-0.4%-76.9M1.90B-6.4M1.788.2460,746107,994574,140986,240
2015-07-28$35.26$37.0020.8%6.0%19.9%38.2%22.1%4.3%0.0%-85.0M1.56B-7.0M1.378.3364,56288,362593,2961,022,882
2015-07-29$35.73$37.0019.4%5.6%20.4%33.1%21.4%3.5%0.1%-75.8M1.33B-7.2M1.0311.6277,75680,110607,3001,024,740
2015-07-30$35.47$37.0019.3%5.6%19.9%32.8%19.4%3.5%-0.5%-74.7M1.41B-7.0M0.589.6377,14044,918631,1281,026,392
2015-07-31$34.66$36.7521.1%6.0%21.0%39.2%20.8%3.8%-0.0%-72.8M1.76B-6.6M1.129.1978,05087,310639,8201,037,036