XLE Options History — October 2019

In October 2019, XLE traded between $28.00 and $29.83. ATM implied volatility averaged 20.3%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 5.8%. IV traded below realized volatility by 0.6% (HV 20d: 20.9%). Max pain ranged from $29.50 to $30.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 10 of 23 days. Put/call ratio averaged 1.97.

Notable Days

  • 2019-10-28: Highest Volume — 362,074 contracts
  • 2019-10-08: Largest IV spike — 11.4% change
  • 2019-10-02: Highest IV Rank — 40.3%
  • 2019-10-02: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.93$28.00$29.83$28.96$28.92
Max Pain$29.59$29.50$30.00$30.00$29.50
ATM IV20.3%17.7%25.2%22.7%18.1%
Expected Move5.8%5.1%7.1%6.4%5.2%
HV 20d20.9%18.4%23.7%21.6%18.4%
HV 60d22.7%21.7%23.4%21.7%22.4%
IV Rank21.0%11.1%40.3%30.4%12.6%
IV Percentile43.4%16.3%80.6%69.8%23.4%
Term Structure-0.0%-0.8%0.6%-0.3%0.5%
VWIV20.5%17.8%25.6%22.1%18.5%
Skew 25d4.3%2.9%5.9%5.7%3.5%
Skew 10d8.5%5.8%11.6%11.6%7.5%
Call IV 25d18.4%16.5%22.7%20.2%16.8%
Put IV 25d22.7%19.5%28.6%25.9%20.3%
Bid-Ask Spread %2.271.655.651.651.95
Gamma HHI0.160.130.230.130.23
Net GEX-38.6M-64.8M-3.2M-39.4M-54.4M
Net DEX748.2M21.2M1.33B823.7M919.9M
Net VEX-8.3M-9.1M-7.4M-8.5M-8.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.970.468.881.183.54
Total Volume94,154.69630,262362,07463,328175,558
Total OI2,299,304.6962,094,4502,500,2102,169,3762,500,210

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-10-01$28.96$30.0022.7%6.4%21.6%30.4%22.1%5.7%-0.3%-39.4M823.7M-8.5M1.181.6528,99634,3321,007,4541,161,922
2019-10-02$28.20$30.0025.2%7.1%23.0%40.3%25.6%5.9%0.3%-46.4M1.19B-8.3M1.701.8968,028115,8921,024,5981,173,698
2019-10-03$28.44$30.0023.8%6.7%22.6%34.9%23.7%5.7%-0.3%-55.2M1.10B-8.6M0.862.1058,58650,0941,058,6281,246,236
2019-10-04$28.63$30.0021.4%6.2%22.8%25.5%22.3%4.8%0.1%-52.2M998.1M-8.5M1.802.0622,51440,5101,084,3281,260,128
2019-10-07$28.54$29.5022.1%6.2%21.4%28.2%21.8%5.0%-0.4%-55.9M1.06B-8.3M1.861.8814,02026,0421,043,5801,260,706
2019-10-08$28.00$29.5024.6%6.9%21.5%38.0%24.2%5.9%-0.3%-59.6M1.33B-8.0M1.842.5228,85052,9941,052,3381,257,538
2019-10-09$28.20$29.5023.1%6.7%21.8%32.1%22.9%5.4%0.4%-64.8M1.25B-8.2M0.994.9224,06623,8401,064,0261,290,600
2019-10-10$28.57$29.5022.4%6.4%22.7%29.4%22.9%5.1%-0.1%-57.4M1.01B-8.4M1.002.1228,41628,3361,077,3161,290,188
2019-10-11$29.10$29.5020.8%6.0%23.7%22.8%20.9%5.2%-0.1%-41.9M657.1M-8.5M1.675.6551,50485,7841,086,9501,303,536
2019-10-14$28.91$29.5020.1%5.8%19.5%20.3%20.4%4.9%0.2%-44.8M773.1M-8.1M1.101.7716,81818,4241,091,5161,243,042
2019-10-15$29.09$29.5019.0%5.5%19.4%16.1%19.0%4.2%0.4%-37.5M639.1M-7.9M0.831.9422,65218,8961,100,6901,240,266
2019-10-16$28.66$29.5019.8%5.7%19.8%19.2%21.1%3.9%-0.4%-50.1M945.9M-7.8M4.012.3212,03848,2581,106,2581,244,364
2019-10-17$28.70$29.5018.9%5.4%19.9%15.9%19.1%3.7%-0.0%-54.0M921.3M-7.6M1.071.7214,63215,6301,108,1801,247,584
2019-10-18$28.58$29.5018.3%5.2%19.7%13.5%18.0%3.6%0.4%-39.5M990.4M-7.4M2.082.0529,28060,8561,108,7081,248,112
2019-10-21$29.01$29.5018.1%5.2%20.6%12.7%18.2%3.6%-0.4%-30.7M594.6M-7.8M2.782.0218,84052,446955,7621,138,688
2019-10-22$29.50$29.5018.8%5.3%20.9%15.1%19.2%3.3%-0.8%-15.7M281.6M-8.1M1.512.4059,65689,964965,3361,143,206
2019-10-23$29.59$29.5018.3%5.2%20.9%13.3%18.8%3.5%-0.4%-9.4M211.5M-8.2M0.891.8025,89423,048999,4041,172,744
2019-10-24$29.50$29.5018.4%5.3%20.5%13.8%18.3%3.4%-0.4%-9.9M252.5M-8.1M0.461.6950,97023,6661,010,3941,179,540
2019-10-25$29.83$29.5017.8%5.1%20.9%11.4%18.0%3.2%-0.5%-3.2M21.2M-8.3M0.581.8136,33221,2521,042,2921,193,296
2019-10-28$29.63$29.5017.7%5.2%21.0%11.1%17.8%2.9%0.6%-7.0M188.5M-8.1M8.882.2236,656325,4181,038,9601,191,826
2019-10-29$29.75$29.5017.9%5.2%19.0%11.7%17.9%3.0%0.4%-14.7M250.6M-9.1M1.631.8631,57651,4621,051,3441,367,608
2019-10-30$29.05$29.5018.7%5.5%18.5%14.7%20.2%2.9%0.4%-43.6M792.4M-9.0M2.981.9025,78076,7521,051,4061,399,502
2019-10-31$28.92$29.5018.1%5.2%18.4%12.6%18.5%3.5%0.5%-54.4M919.9M-8.9M3.541.9538,688136,8701,062,1561,438,054