XOP Options History — February 2007

In February 2007, XOP traded between $154.36 and $160.36. ATM implied volatility averaged 29.9%. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 9.7% (HV 20d: 20.2%). Max pain ranged from $164.00 to $164.00. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2007-02-01: Highest Volume — 3 contracts
  • 2007-02-02: Largest IV spike — 241.3% change
  • 2007-02-05: Largest Expected Move — 13.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$156.67$154.36$160.36$157.56$154.64
Max Pain$164.00$164.00$164.00$164.00$164.00
ATM IV29.9%23.0%88.6%23.2%23.5%
Expected Move7.5%6.6%13.9%6.6%6.7%
HV 20d20.2%13.9%25.1%25.1%17.2%
Term Structure-2.8%-21.4%1.1%0.9%0.4%
VWIV50.7%50.7%50.7%50.7%50.7%
Skew 25d0.4%-3.7%3.6%-3.2%-1.2%
Skew 10d3.0%-0.5%19.2%1.3%0.3%
Call IV 25d25.4%18.0%64.7%22.5%21.0%
Put IV 25d25.8%17.8%68.3%19.3%19.8%
Bid-Ask Spread %100.6782.46173.6398.5499.79
Gamma HHI0.320.230.550.290.30
Net GEX-3.0K-17.8K7.7K-6.6K6.2K
Net DEX-71.3K-165.6K121.7K-94.5K-104.5K
Net VEX-991-2.0K-691-1.2K-714
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume0.5260331
Total OI114.053113117117116

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-02-01$157.56$0.0023.2%6.6%25.1%0.0%0.0%-3.2%0.9%-6.6K-94.5K-1.2K0.0098.54302196
2007-02-02$157.80$164.0079.0%13.4%24.3%0.0%0.0%2.7%-19.0%-17.4K78.4K-1.9K0.00173.32031996
2007-02-05$156.96$164.0088.6%13.9%24.5%0.0%50.7%3.6%-21.4%-17.8K121.7K-2.0K0.00173.63001996
2007-02-06$156.16$164.0023.5%6.8%24.6%0.0%0.0%1.6%-1.3%-7.1K-62.9K-1.1K0.0082.46001994
2007-02-07$156.48$164.0023.2%6.8%24.1%0.0%0.0%0.7%-1.3%-6.0K-65.3K-1.0K0.0083.16001994
2007-02-08$156.72$164.0023.7%6.8%22.6%0.0%0.0%1.0%-1.3%-4.1K-85.2K-9370.0083.70001994
2007-02-09$156.68$164.0023.4%6.7%22.4%0.0%0.0%0.9%-0.7%-2.4K-93.6K-9060.0084.71001994
2007-02-12$154.36$164.0023.4%6.7%21.0%0.0%0.0%1.1%-0.9%-4.9K-57.4K-9330.0088.12001994
2007-02-13$156.36$164.0023.7%6.8%20.7%0.0%0.0%0.8%-0.9%-6.1K-64.2K-9950.0088.21001994
2007-02-14$156.36$164.0023.4%6.7%20.5%0.0%0.0%2.7%-0.9%-734-92.6K-8230.0089.01001994
2007-02-15$155.24$164.0023.5%6.7%20.4%0.0%0.0%0.5%-1.0%-7.1K-47.0K-9680.0089.89001994
2007-02-16$156.16$164.0023.7%6.8%18.0%0.0%0.0%-3.3%-1.1%-4.4K-71.2K-9130.0091.69001994
2007-02-20$154.96$164.0023.3%6.7%18.3%0.0%0.0%3.3%-2.3%1.3K-80.4K-7480.0093.94001994
2007-02-21$156.96$164.0023.4%6.7%16.0%0.0%0.0%-2.4%-1.2%878-94.3K-7510.0094.26001994
2007-02-22$158.72$164.0023.6%6.8%16.4%0.0%0.0%-1.7%-0.7%1.7K-119.5K-7240.0095.68301994
2007-02-23$159.32$164.0024.1%6.9%14.1%0.0%0.0%1.6%-1.3%4.1K-154.9K-7480.00106.24002294
2007-02-26$160.36$164.0024.3%7.0%13.9%0.0%0.0%3.1%-1.0%5.6K-165.6K-6910.0096.83002294
2007-02-27$154.84$164.0023.0%6.6%19.3%0.0%0.0%-3.7%1.1%7.7K-101.2K-7050.0099.61002294
2007-02-28$154.64$164.0023.5%6.7%17.2%0.0%0.0%-1.2%0.4%6.2K-104.5K-7140.0099.79102294