XOP Options History — June 2013

In June 2013, XOP traded between $228.92 and $245.68. ATM implied volatility averaged 27.9%, placing in the 39.4% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded above realized volatility by 5.6% (HV 20d: 22.3%). Max pain ranged from $240.00 to $248.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 9.50.

Notable Days

  • 2013-06-24: Highest Volume — 13,339 contracts
  • 2013-06-20: Largest IV spike — 22.3% change
  • 2013-06-24: Highest IV Rank — 54.7%
  • 2013-06-24: Largest Expected Move — 8.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$238.99$228.92$245.68$243.72$232.72
Max Pain$244.80$240.00$248.00$240.00$240.00
ATM IV27.9%22.1%34.7%30.6%22.1%
Expected Move7.7%6.9%8.6%7.8%7.1%
HV 20d22.3%19.0%25.8%19.2%24.8%
HV 60d25.8%24.7%27.3%24.9%26.6%
IV Rank39.4%22.9%54.7%42.1%22.9%
IV Percentile60.1%22.2%87.3%78.6%22.2%
Term Structure0.3%-1.1%1.4%-0.9%1.1%
VWIV27.2%23.9%30.6%27.4%24.0%
Skew 25d6.3%5.2%7.8%6.5%5.3%
Skew 10d13.0%9.9%16.6%13.1%10.4%
Call IV 25d24.1%22.0%26.7%24.9%22.3%
Put IV 25d30.5%27.3%33.7%31.4%27.6%
Bid-Ask Spread %12.127.7423.448.8410.85
Gamma HHI0.140.110.210.120.21
Net GEX-26.6M-40.3M-17.1M-25.4M-40.3M
Net DEX205.9M73.7M377.1M161.2M242.7M
Net VEX-2.1M-2.5M-1.9M-2.4M-1.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio9.500.4149.990.414.15
Total Volume3,869.7579813,3391,196926
Total OI91,98553,845104,088101,56961,255

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-06-03$243.72$240.0030.6%7.8%19.2%42.1%27.4%6.5%-0.9%-25.4M161.2M-2.4M0.418.8484734919,79881,771
2013-06-04$243.48$240.0031.5%7.7%19.0%44.8%27.8%6.1%-0.6%-25.8M156.9M-2.4M4.918.5119495220,22681,815
2013-06-05$239.48$240.0034.7%8.1%19.5%54.5%28.7%6.5%-1.1%-32.4M249.7M-2.5M4.629.542621,20920,10781,630
2013-06-06$241.72$240.0029.7%8.1%19.8%41.6%29.7%7.0%-1.1%-31.3M203.8M-2.4M3.1610.367662,42220,08782,268
2013-06-07$245.68$248.0025.6%7.4%20.5%28.7%25.4%6.8%1.4%-20.7M101.3M-2.2M1.9714.596421,26420,10782,706
2013-06-10$245.40$248.0028.2%7.4%20.5%37.1%26.8%6.6%1.2%-20.9M94.5M-2.1M4.9913.8313366520,07082,073
2013-06-11$240.20$248.0032.3%7.7%22.0%50.7%26.9%6.5%0.6%-31.3M215.2M-2.2M22.1712.931683,71920,14982,883
2013-06-12$237.80$248.0031.2%8.2%20.9%47.1%28.2%7.0%-0.1%-33.8M275.5M-2.3M49.9911.451788,88620,23483,166
2013-06-13$242.16$248.0025.6%7.3%21.9%28.5%25.4%6.6%1.1%-25.1M155.4M-2.1M3.0412.741,0043,05520,29082,557
2013-06-14$238.92$248.0026.2%7.5%22.3%31.3%26.4%6.6%1.1%-28.5M216.5M-2.1M23.3210.831814,20920,79881,884
2013-06-17$243.40$248.0025.6%7.3%21.9%29.5%26.9%6.0%0.9%-21.4M124.4M-2.0M16.5916.112934,86220,61383,013
2013-06-18$245.52$248.0025.2%7.2%20.5%32.2%25.6%5.7%0.9%-17.1M73.7M-1.9M1.3013.4556473220,68582,534
2013-06-19$243.92$248.0023.9%6.9%20.5%29.4%23.9%5.3%1.2%-21.7M107.0M-1.9M1.8014.661,5972,88220,98182,667
2013-06-20$233.68$248.0029.3%8.4%24.9%51.9%29.2%6.3%-0.5%-27.9M308.8M-1.9M7.5814.448306,28721,35682,732
2013-06-21$232.56$248.0027.7%7.9%24.9%45.2%28.4%7.8%-0.1%-30.8M377.1M-1.9M5.8123.447254,21719,68284,142
2013-06-24$228.92$248.0029.9%8.6%25.3%54.7%30.6%7.0%-0.7%-18.8M312.8M-1.9M7.309.981,60711,73213,66940,176
2013-06-25$233.28$240.0027.5%7.9%25.7%44.2%29.4%6.1%0.0%-25.1M260.8M-1.9M19.778.922735,38814,76944,497
2013-06-26$233.72$240.0025.7%7.4%25.8%36.8%27.8%5.4%0.8%-26.3M235.8M-1.9M1.159.088951,02914,86346,442
2013-06-27$233.44$240.0025.2%7.2%25.8%34.6%25.9%5.2%0.9%-27.6M243.9M-1.9M5.917.742101,24114,94146,064
2013-06-28$232.72$240.0022.1%7.1%24.8%22.9%24.0%5.3%1.1%-40.3M242.7M-1.9M4.1510.8518074615,02846,227