XOP Options History — July 2013

In July 2013, XOP traded between $234.48 and $251.48. ATM implied volatility averaged 21.9%, placing in the 24.6% IV rank vs the trailing year. The 30-day expected move averaged 6.1%. IV traded above realized volatility by 2.5% (HV 20d: 19.3%). Max pain ranged from $240.00 to $248.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 4.48.

Notable Days

  • 2013-07-08: Highest Volume — 6,967 contracts
  • 2013-07-29: Largest IV spike — 15.3% change
  • 2013-07-31: Highest IV Rank — 44.6%
  • 2013-07-05: Largest Expected Move — 7.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$244.69$234.48$251.48$234.48$249.40
Max Pain$242.36$240.00$248.00$240.00$248.00
ATM IV21.9%18.4%25.2%23.9%25.2%
Expected Move6.1%5.3%7.0%6.9%6.0%
HV 20d19.3%11.9%24.8%24.8%14.5%
HV 60d22.6%19.8%26.5%26.5%19.8%
IV Rank24.6%7.2%44.6%33.6%44.6%
IV Percentile21.5%4.0%51.6%29.8%51.6%
Term Structure1.5%0.6%2.6%1.1%1.4%
VWIV23.1%20.2%28.2%25.4%21.2%
Skew 25d4.6%3.9%5.6%4.6%4.6%
Skew 10d9.5%8.2%11.7%9.2%9.5%
Call IV 25d19.7%17.3%22.4%22.4%18.9%
Put IV 25d24.3%21.2%27.6%26.9%23.5%
Bid-Ask Spread %10.515.8423.4910.2111.93
Gamma HHI0.130.090.170.120.11
Net GEX-17.0M-24.2M-8.7M-22.2M-15.2M
Net DEX77.7M-55.7M221.7M221.7M39.0M
Net VEX-1.7M-1.9M-1.5M-1.8M-1.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.480.6114.411.860.61
Total Volume2,485.7272546,9671,207830
Total OI65,351.18257,94275,92359,37167,920

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-07-01$234.48$240.0023.9%6.9%24.8%33.6%25.4%4.6%1.1%-22.2M221.7M-1.8M1.8610.2142278514,99644,375
2013-07-02$234.80$240.0023.7%6.8%24.8%32.5%24.5%5.1%1.5%-22.4M218.1M-1.8M10.438.881341,39515,18844,867
2013-07-03$236.08$240.0024.4%6.8%24.3%37.0%27.6%4.7%1.5%-22.0M195.5M-1.8M4.938.444321115,25745,283
2013-07-05$239.80$240.0022.4%7.0%24.7%27.2%26.0%5.6%1.0%-19.6M134.2M-1.7M3.285.8428593315,26045,318
2013-07-08$240.48$240.0024.7%7.0%24.0%38.5%24.5%5.6%0.7%-19.6M121.3M-1.7M9.647.796556,31215,40145,771
2013-07-09$243.20$240.0022.7%6.6%24.4%28.5%24.2%5.0%0.6%-18.7M97.1M-1.7M3.058.355421,65015,42348,137
2013-07-10$242.64$240.0020.4%6.5%23.1%17.3%28.2%4.9%1.0%-17.6M95.4M-1.7M2.479.039062,23315,79148,858
2013-07-11$245.36$240.0021.7%6.2%23.0%23.8%22.7%4.5%1.3%-16.7M54.3M-1.7M1.878.709541,78616,03650,945
2013-07-12$245.00$240.0021.4%6.2%22.2%22.4%22.0%4.8%1.6%-18.0M60.7M-1.7M0.878.1441636316,64152,489
2013-07-15$243.28$240.0021.4%6.1%21.8%22.0%20.9%4.7%1.6%-23.1M94.2M-1.6M0.867.0192979616,53752,417
2013-07-16$242.64$240.0021.4%6.1%20.8%22.0%23.2%4.8%1.5%-24.2M106.3M-1.7M5.318.323922,08117,34753,028
2013-07-17$244.96$240.0021.3%6.1%20.8%21.7%23.0%4.6%1.6%-18.4M49.9M-1.6M8.3212.502472,05217,52254,181
2013-07-18$249.04$240.0021.0%6.0%21.5%20.0%25.4%4.5%1.3%-8.7M-18.7M-1.6M11.9018.113904,63517,39854,042
2013-07-19$251.48$244.0019.6%5.6%14.0%13.3%20.7%4.0%1.6%-8.7M-55.7M-1.6M0.687.531,8911,28117,57158,352
2013-07-22$250.72$244.0018.7%5.4%13.9%8.9%20.6%4.3%1.7%-9.9M-4.3M-1.5M1.227.619271,13414,51343,429
2013-07-23$251.32$244.0018.4%5.3%11.9%7.2%20.8%3.9%2.0%-9.4M-16.2M-1.6M1.178.882,0592,41115,09243,963
2013-07-24$246.32$244.0019.6%5.6%13.6%12.9%22.4%4.7%2.0%-15.1M70.7M-1.9M7.2512.376004,34516,67445,771
2013-07-25$249.52$244.0019.8%5.7%14.1%14.1%22.0%4.2%1.9%-14.7M36.8M-1.9M5.9511.074472,66016,84748,962
2013-07-26$248.28$248.0020.7%5.5%14.3%18.4%20.2%4.2%2.6%-14.9M56.2M-1.9M1.0423.4977881216,91949,137
2013-07-29$247.08$248.0023.8%5.7%14.4%34.7%20.8%4.4%2.1%-17.4M75.4M-1.9M14.4112.661211,74417,02049,324
2013-07-30$247.28$248.0024.6%5.8%14.3%41.4%21.0%4.5%2.0%-18.2M78.1M-1.9M1.5114.3143766217,03350,691
2013-07-31$249.40$248.0025.2%6.0%14.5%44.6%21.2%4.6%1.4%-15.2M39.0M-1.8M0.6111.9351631417,10150,819