XOP Options History — July 2015

In July 2015, XOP traded between $149.52 and $181.00. ATM implied volatility averaged 35.8%, placing in the 37.7% IV rank vs the trailing year. The 30-day expected move averaged 10.4%. IV traded above realized volatility by 2.8% (HV 20d: 33.0%). Max pain ranged from $176.00 to $196.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 1.95.

Notable Days

  • 2015-07-17: Highest Volume — 45,097 contracts
  • 2015-07-08: Largest IV spike — 11.9% change
  • 2015-07-27: Highest IV Rank — 56.0%
  • 2015-07-27: Largest Expected Move — 12.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$167.25$149.52$181.00$180.56$153.20
Max Pain$182.36$176.00$196.00$196.00$176.00
ATM IV35.8%30.0%43.9%30.0%38.8%
Expected Move10.4%9.0%12.8%9.3%11.2%
HV 20d33.0%22.6%41.9%23.2%41.3%
HV 60d26.9%24.6%30.0%25.2%30.0%
IV Rank37.7%24.6%56.0%24.6%44.3%
IV Percentile54.4%34.1%77.0%34.1%64.3%
Term Structure-0.2%-2.3%2.3%0.7%-0.9%
VWIV36.3%30.8%44.8%30.8%39.8%
Skew 25d3.7%-2.4%10.2%0.3%-2.4%
Skew 10d6.3%-1.3%12.4%0.1%-1.3%
Call IV 25d34.8%28.0%44.9%28.5%40.7%
Put IV 25d38.5%28.9%45.3%28.9%38.4%
Bid-Ask Spread %11.185.9823.4423.447.50
Gamma HHI0.090.070.120.080.08
Net GEX-25.0M-28.1M-21.6M-24.4M-28.1M
Net DEX1.16B761.0M1.51B902.5M1.51B
Net VEX-4.3M-4.9M-3.7M-4.0M-3.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.950.714.752.580.75
Total Volume27,743.90913,76045,09722,38515,548
Total OI235,440.364170,293285,610170,293285,610

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-07-01$180.56$196.0030.0%9.3%23.2%24.6%30.8%0.3%0.7%-24.4M902.5M-4.0M2.5823.446,25116,13474,16596,128
2015-07-02$180.08$196.0030.2%9.2%22.6%25.1%31.4%0.7%-0.1%-27.2M940.3M-4.1M1.7618.044,9848,77678,10699,760
2015-07-06$174.52$192.0033.3%9.4%23.4%32.1%33.0%1.2%2.3%-21.6M1.01B-3.7M4.7517.155,65226,82278,57297,925
2015-07-07$179.60$192.0032.6%9.0%26.5%30.5%35.1%10.2%-0.7%-27.9M938.1M-4.1M4.4419.077,44233,04480,447104,725
2015-07-08$173.20$188.0036.5%10.4%28.5%39.2%35.1%3.0%-0.8%-25.6M1.05B-4.1M1.8617.9010,28919,09384,870118,642
2015-07-09$176.84$180.0036.0%10.3%29.2%38.2%36.4%5.6%-0.2%-23.3M909.1M-4.7M1.5015.5711,34917,06392,324122,158
2015-07-10$174.52$180.0034.6%9.8%29.2%35.0%33.1%0.6%-0.7%-27.9M1.01B-4.6M1.1914.3512,05614,38696,288126,428
2015-07-13$175.92$180.0032.0%9.3%29.5%29.2%33.2%4.7%-0.1%-24.8M936.2M-4.4M1.498.155,9438,85495,953119,976
2015-07-14$181.00$180.0031.2%9.0%31.9%27.3%31.8%9.7%-0.6%-23.5M761.0M-4.6M0.849.5218,65415,61497,003120,804
2015-07-15$173.76$180.0033.7%9.8%33.8%32.9%32.9%5.7%0.5%-23.8M996.2M-4.9M1.5712.1111,03617,370109,410128,707
2015-07-16$172.04$180.0032.6%9.3%33.8%30.6%33.3%3.6%1.2%-24.4M1.12B-4.6M2.407.487,47017,898113,642133,366
2015-07-17$167.20$180.0033.8%9.7%34.6%33.3%33.6%2.7%1.2%-22.1M1.31B-4.5M2.626.5012,45532,642114,340140,434
2015-07-20$161.16$180.0036.8%10.6%36.0%40.0%37.1%4.5%-2.3%-25.4M1.26B-4.0M1.508.8813,51120,203105,657134,041
2015-07-21$162.24$180.0036.7%10.5%36.0%39.8%36.1%3.8%-1.1%-24.9M1.23B-4.7M1.297.4212,76016,448113,975142,194
2015-07-22$158.68$180.0039.1%11.2%35.1%45.1%39.3%4.6%-1.2%-22.4M1.30B-4.2M2.927.579,42827,513113,501138,183
2015-07-23$159.16$180.0039.2%11.3%35.4%45.5%39.9%4.0%-0.5%-26.4M1.35B-4.2M1.669.889,80716,278115,263145,856
2015-07-24$154.20$180.0042.1%12.1%36.2%51.8%42.8%4.5%-0.9%-24.3M1.45B-4.1M1.707.827,87213,379116,353149,247
2015-07-27$149.52$180.0043.9%12.8%36.8%56.0%44.8%0.4%-1.4%-21.7M1.50B-3.8M2.286.038,01118,241114,562148,814
2015-07-28$155.32$180.0039.3%11.6%40.1%45.5%41.5%4.1%1.2%-27.0M1.42B-4.2M1.025.9812,02812,300116,480155,286
2015-07-29$159.72$176.0037.8%10.9%41.9%42.1%39.9%7.0%-0.0%-27.2M1.28B-4.5M2.068.1512,28625,247121,193156,359
2015-07-30$157.04$176.0037.4%11.0%40.9%41.2%38.3%3.2%-0.7%-25.7M1.38B-4.2M0.717.3610,6857,544123,457159,484
2015-07-31$153.20$176.0038.8%11.2%41.3%44.3%39.8%-2.4%-0.9%-28.1M1.51B-3.8M0.757.508,8706,678125,849159,761