XOP Options History — August 2013

In August 2013, XOP traded between $241.68 and $256.80. ATM implied volatility averaged 20.8%, placing in the 21.7% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 3.5% (HV 20d: 17.3%). Max pain ranged from $244.00 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 4.21.

Notable Days

  • 2013-08-15: Highest Volume — 8,864 contracts
  • 2013-08-15: Largest IV spike — 33.4% change
  • 2013-08-19: Highest IV Rank — 39.2%
  • 2013-08-19: Largest Expected Move — 6.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$249.78$241.68$256.80$256.48$248.00
Max Pain$244.36$244.00$248.00$248.00$244.00
ATM IV20.8%17.3%23.9%20.3%22.5%
Expected Move6.2%5.1%6.9%5.7%6.6%
HV 20d17.3%15.9%18.8%17.0%15.9%
HV 60d19.9%19.1%20.8%20.4%19.4%
IV Rank21.7%1.6%39.2%18.3%31.1%
IV Percentile20.9%0.4%41.3%12.3%34.9%
Term Structure1.9%0.5%3.3%2.4%1.3%
VWIV23.0%20.1%25.1%20.1%22.9%
Skew 25d4.8%3.0%6.0%3.5%4.0%
Skew 10d9.8%5.9%12.2%11.3%9.0%
Call IV 25d19.7%17.0%21.7%18.5%21.7%
Put IV 25d24.5%19.9%26.6%22.0%25.7%
Bid-Ask Spread %8.837.0211.0211.028.03
Gamma HHI0.110.090.120.090.11
Net GEX-14.3M-27.4M-5.7M-7.4M-22.8M
Net DEX52.4M-80.5M242.8M-70.1M128.3M
Net VEX-1.9M-2.3M-1.5M-1.7M-2.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio4.210.5225.031.911.15
Total Volume3,064.55898,8642,0782,806
Total OI74,188.86468,11584,38668,11584,386

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-08-01$256.48$248.0020.3%5.7%17.0%18.3%20.1%3.5%2.4%-7.4M-70.1M-1.7M1.9111.027141,36417,20150,914
2013-08-02$255.36$248.0017.7%5.1%16.7%3.8%24.2%3.0%3.3%-5.7M-67.4M-1.7M13.518.685847,88317,50651,754
2013-08-05$256.80$244.0019.8%6.1%16.7%15.4%23.0%4.7%2.8%-5.9M-80.5M-1.6M2.217.6418340617,50350,753
2013-08-06$254.52$244.0021.8%6.1%16.9%26.8%22.8%4.9%2.6%-7.8M-45.4M-1.7M1.009.4735235117,53350,961
2013-08-07$250.96$244.0019.0%6.2%17.9%11.6%22.4%5.1%2.8%-11.2M8.0M-1.7M1.229.9543953817,49251,110
2013-08-08$252.60$244.0018.5%6.1%17.6%8.8%23.1%5.0%2.9%-9.5M-16.4M-1.7M3.559.855471,93917,62951,067
2013-08-09$252.44$244.0018.3%6.2%17.6%7.3%22.1%5.1%2.7%-10.4M-16.1M-1.7M1.408.8432245217,79252,307
2013-08-12$251.24$244.0019.0%6.3%17.5%11.7%23.8%5.1%2.4%-8.9M-6.6M-1.6M1.769.9643376317,74352,359
2013-08-13$250.52$244.0018.4%6.0%17.5%8.1%21.3%5.0%2.5%-9.1M127.3K-1.5M0.6510.321,22079217,77552,581
2013-08-14$249.08$244.0017.3%6.3%17.4%1.6%25.1%5.0%2.2%-11.2M27.6M-1.6M25.039.49832,06518,59952,935
2013-08-15$248.04$244.0023.0%6.6%16.4%34.2%24.0%5.5%1.7%-11.5M43.8M-1.6M5.828.471,3007,56418,17752,369
2013-08-16$246.96$244.0022.7%6.5%16.1%32.2%23.7%6.0%2.5%-15.1M88.8M-1.8M4.729.191,0064,75119,02657,597
2013-08-19$241.96$244.0023.9%6.9%17.5%39.2%23.2%5.5%0.5%-21.6M194.2M-1.9M2.277.021,3022,96117,64451,105
2013-08-20$244.44$244.0022.0%6.3%18.0%28.6%23.3%5.0%0.8%-21.5M158.3M-2.0M5.477.521,0945,98318,61153,842
2013-08-21$241.68$244.0022.5%6.5%17.0%31.4%22.3%5.5%0.8%-27.4M242.8M-2.2M1.688.738671,45419,09858,221
2013-08-22$246.84$244.0020.9%6.0%18.1%22.4%25.0%5.1%1.3%-21.3M135.9M-2.2M11.629.485155,98619,57258,775
2013-08-23$249.20$244.0020.5%5.9%18.4%20.1%22.9%5.1%1.6%-17.0M82.4M-2.1M2.858.423881,10819,72261,031
2013-08-26$249.76$244.0021.5%6.2%18.3%25.8%20.9%5.0%1.2%-15.7M70.7M-2.1M0.528.521,01452519,82961,394
2013-08-27$247.80$244.0022.9%6.6%18.5%33.6%24.2%5.1%1.1%-21.1M134.0M-2.3M1.067.5884389019,93561,754
2013-08-28$251.04$244.0022.1%6.3%18.8%29.1%23.0%4.1%1.4%-15.9M55.5M-2.2M1.867.878361,55320,53862,386
2013-08-29$249.48$244.0023.2%6.6%15.9%35.2%23.3%4.2%1.3%-17.1M86.1M-2.1M1.328.2653570820,42763,202
2013-08-30$248.00$244.0022.5%6.6%15.9%31.1%22.9%4.0%1.3%-22.8M128.3M-2.2M1.158.031,3051,50120,77663,610