XLE Options History — October 2024

In October 2024, XLE traded between $43.92 and $46.75. ATM implied volatility averaged 23.7%, placing in the 53.5% IV rank vs the trailing year. The 30-day expected move averaged 7.0%. IV traded above realized volatility by 2.6% (HV 20d: 21.1%). Max pain ranged from $43.50 to $45.00. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.63.

Notable Days

  • 2024-10-02: Highest Volume — 608,274 contracts
  • 2024-10-03: Largest IV spike — 10.3% change
  • 2024-10-03: Highest IV Rank — 69.5%
  • 2024-10-03: Largest Expected Move — 7.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.32$43.92$46.75$44.83$44.41
Max Pain$44.87$43.50$45.00$43.50$45.00
ATM IV23.7%22.1%26.2%22.3%23.7%
Expected Move7.0%6.4%7.7%6.7%7.6%
HV 20d21.1%16.6%23.6%21.7%16.6%
HV 60d20.7%18.6%21.8%20.6%18.7%
IV Rank53.5%42.6%69.5%44.4%53.1%
IV Percentile91.1%86.1%98.0%86.9%94.4%
Term Structure-0.1%-1.1%1.3%0.9%0.5%
VWIV24.6%22.6%27.2%23.7%26.9%
Skew 25d0.9%-0.2%1.7%1.7%0.9%
Skew 10d2.1%1.2%3.7%3.7%2.0%
Call IV 25d23.4%21.3%26.8%21.7%23.2%
Put IV 25d24.3%22.2%27.2%23.4%24.1%
Bid-Ask Spread %12.612.4026.0712.577.55
Gamma HHI0.060.050.070.060.06
Net GEX46.3M-64.2M223.2M-16.6M-4.8M
Net DEX-372.2M-1.94B1.22B92.0M662.3M
Net VEX-26.5M-28.6M-24.9M-24.9M-26.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.141.710.391.23
Total Volume252,012.26160,050608,274457,080576,986
Total OI4,636,232.9573,847,1464,926,9943,847,1464,749,084

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-10-01$44.83$43.5022.3%6.7%21.7%44.4%23.7%1.7%0.9%-16.6M92.0M-24.9M0.3912.57329,928127,1521,219,7962,627,350
2024-10-02$45.33$43.5023.7%7.2%21.4%53.4%26.0%1.2%0.9%21.8M-341.4M-25.7M0.184.40514,55293,7221,338,8642,690,098
2024-10-03$46.10$45.0026.2%7.7%21.8%69.5%27.2%0.4%1.2%89.6M-1.39B-27.6M0.5919.03366,072214,5101,653,2582,727,338
2024-10-04$46.51$45.0025.2%7.4%20.8%63.2%25.9%0.6%1.3%130.3M-1.94B-28.0M1.713.14196,876337,2281,807,2002,774,968
2024-10-07$46.75$45.0025.8%7.5%20.7%67.4%26.5%1.0%-0.1%114.5M-1.92B-28.0M0.483.73301,048145,7701,789,2542,807,388
2024-10-08$45.55$45.0025.9%7.4%21.6%68.1%25.8%1.2%-0.3%52.2M-696.0M-28.6M0.993.25126,154125,2021,933,5602,815,780
2024-10-09$45.83$45.0025.2%7.2%21.3%63.5%25.2%1.0%0.1%93.1M-1.06B-28.1M0.523.5592,26847,8761,965,0982,848,706
2024-10-10$46.25$45.0025.1%7.1%21.3%62.2%25.2%1.2%-0.3%147.3M-1.61B-27.9M0.482.40105,56850,2882,003,2442,862,302
2024-10-11$46.48$45.0024.7%7.1%21.3%60.1%25.9%1.2%-0.1%223.2M-1.93B-27.7M1.4822.7971,202105,0782,048,9842,878,010
2024-10-14$46.23$45.0024.1%6.9%21.4%56.3%24.1%1.2%-0.7%152.5M-1.47B-26.9M0.6925.4751,24435,6161,966,4642,859,266
2024-10-15$45.02$45.0023.3%6.7%23.6%51.0%23.4%1.2%-1.1%16.6M51.4M-26.4M0.2726.07278,97674,7541,971,2082,875,622
2024-10-16$45.17$45.0023.3%6.7%23.6%50.8%23.2%1.4%-0.5%39.8M-116.0M-25.8M0.5023.6164,60632,3241,996,7962,896,562
2024-10-17$45.31$45.0022.9%6.6%23.2%48.4%23.1%0.9%-0.6%56.2M-277.1M-26.0M0.485.6172,69235,1501,910,6602,909,566
2024-10-18$45.14$45.0022.6%6.4%23.2%45.8%22.6%0.6%-0.4%27.6M-70.1M-25.6M0.5522.28119,35065,2421,936,5302,921,482
2024-10-21$45.13$45.0023.4%6.5%23.2%51.6%23.1%0.5%-0.8%15.6M60.5M-25.5M0.3219.26126,00840,2301,751,8742,687,200
2024-10-22$45.14$45.0022.9%6.6%23.2%48.4%23.4%-0.2%-0.8%21.4M-33.0M-26.3M0.382.6364,44624,6221,828,3922,704,774
2024-10-23$44.81$45.0022.8%6.6%21.9%47.3%23.4%0.7%-0.8%-4.0M313.4M-26.1M0.3523.55118,37641,0041,853,2842,716,264
2024-10-24$44.89$45.0022.5%6.7%20.3%45.2%23.6%0.7%-0.9%5.8M188.7M-26.2M0.4015.4442,99417,0561,908,8102,723,112
2024-10-25$44.97$45.0023.1%7.0%19.0%49.2%24.4%0.6%-0.7%462.4K132.2M-26.2M0.143.22197,86028,4421,914,0962,728,702
2024-10-28$44.58$45.0022.1%6.8%19.3%42.6%24.0%0.9%0.8%-3.4M522.1M-25.2M0.843.0763,38653,1801,945,3282,702,654
2024-10-29$43.92$45.0022.1%7.0%18.0%43.1%24.2%1.2%0.7%-64.2M1.22B-25.2M0.4218.5390,73038,5381,960,8862,714,046
2024-10-30$44.06$45.0022.4%7.0%17.5%45.1%24.5%1.1%-0.3%-50.7M1.06B-25.3M1.0218.8845,44246,5341,986,2142,723,284
2024-10-31$44.41$45.0023.7%7.6%16.6%53.1%26.9%0.9%0.5%-4.8M662.3M-26.0M1.237.55258,486318,5002,002,5182,746,566