XOP Options History — August 2015

In August 2015, XOP traded between $132.08 and $162.32. ATM implied volatility averaged 47.5%, placing in the 63.6% IV rank vs the trailing year. The 30-day expected move averaged 13.9%. IV traded above realized volatility by 1.0% (HV 20d: 46.5%). Max pain ranged from $172.00 to $200.00. Net GEX was positive for 0 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.60.

Notable Days

  • 2015-08-24: Highest Volume — 33,877 contracts
  • 2015-08-24: Largest IV spike — 14.4% change
  • 2015-08-24: Highest IV Rank — 100.0%
  • 2015-08-24: Largest Expected Move — 19.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$149.54$132.08$162.32$148.52$153.12
Max Pain$186.86$172.00$200.00$176.00$180.00
ATM IV47.5%40.7%64.3%41.9%50.6%
Expected Move13.9%11.8%19.5%12.7%15.5%
HV 20d46.5%37.8%54.1%41.3%54.0%
HV 60d35.3%29.7%41.3%30.2%41.3%
IV Rank63.6%48.8%100.0%51.3%69.7%
IV Percentile82.2%69.4%100.0%73.4%88.1%
Term Structure-1.5%-5.7%1.1%-1.1%-0.3%
VWIV49.2%41.1%66.8%44.0%57.1%
Skew 25d7.5%0.1%15.6%0.1%15.1%
Skew 10d14.7%4.1%29.2%4.8%29.2%
Call IV 25d44.9%38.1%58.0%43.2%44.5%
Put IV 25d52.4%41.5%70.3%43.3%59.6%
Bid-Ask Spread %12.935.6020.047.109.78
Gamma HHI0.090.060.280.080.08
Net GEX-24.8M-35.4M-13.3M-25.7M-19.9M
Net DEX1.30B969.0M1.68B1.49B986.0M
Net VEX-3.8M-4.5M-3.1M-3.5M-4.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.600.535.995.991.68
Total Volume21,51210,75033,87732,19512,733
Total OI292,717.905261,323325,477272,630285,281

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2015-08-03$148.52$176.0041.9%12.7%41.3%51.3%44.0%0.1%-1.1%-25.7M1.49B-3.5M5.997.104,60727,588121,040151,590
2015-08-04$148.60$172.0040.7%12.0%39.1%48.8%41.8%3.3%-1.2%-29.8M1.55B-3.6M0.835.606,1445,093123,355162,307
2015-08-05$146.96$172.0041.9%12.3%37.8%51.4%42.1%1.4%-1.9%-27.3M1.53B-3.5M1.005.649,2659,232123,764157,807
2015-08-06$153.60$196.0045.6%12.1%41.0%59.7%42.4%5.1%0.7%-26.9M1.35B-3.9M0.5320.0415,3408,101127,233159,753
2015-08-07$148.84$200.0044.7%13.0%41.8%57.7%44.9%0.9%-3.9%-24.3M1.45B-3.9M1.2318.568,92710,960131,832162,682
2015-08-10$159.00$196.0041.6%11.8%49.2%50.9%42.3%15.6%-1.9%-23.6M1.13B-4.2M1.1118.5510,38011,515131,240161,572
2015-08-11$158.44$196.0043.2%12.2%47.6%54.3%44.0%9.8%-1.9%-24.3M1.16B-4.2M2.4916.263,0797,671132,276164,203
2015-08-12$162.32$196.0043.5%12.2%47.0%55.1%44.6%6.7%-1.8%-23.4M1.01B-4.5M1.1316.8613,08914,854131,906166,393
2015-08-13$158.12$196.0044.9%12.6%47.6%58.3%46.7%5.9%-1.2%-24.6M1.17B-4.2M1.6213.539,30615,094135,237166,728
2015-08-14$156.48$196.0044.4%12.7%46.8%57.1%47.3%5.1%1.1%-27.7M1.27B-4.2M2.6517.648,31722,063136,896172,240
2015-08-17$156.16$196.0042.5%12.2%45.1%52.8%41.8%7.2%-0.2%-30.5M1.28B-4.1M0.8212.208,7417,156135,234168,783
2015-08-18$157.00$188.0041.5%11.9%45.1%50.6%41.1%6.5%0.6%-29.2M1.25B-4.1M1.0012.088,2468,212137,750169,561
2015-08-19$150.92$192.0044.6%12.8%46.6%57.6%44.5%6.5%0.2%-34.9M1.45B-3.9M1.2012.184,9625,969139,030171,227
2015-08-20$147.04$184.0049.7%14.3%47.2%69.1%50.3%7.6%-2.8%-35.4M1.56B-3.7M1.1513.0612,22514,082142,011173,401
2015-08-21$141.56$184.0056.2%16.6%47.8%83.8%57.4%7.6%-5.7%-35.1M1.68B-3.6M1.9614.029,09317,862147,063178,414
2015-08-24$134.28$184.0064.3%19.5%50.0%100.0%66.8%12.3%-2.3%-13.3M1.29B-3.4M2.9116.538,65725,220119,695141,628
2015-08-25$132.08$180.0055.3%17.5%47.4%80.0%61.5%6.4%-0.6%-14.6M1.32B-3.1M1.5512.224,7337,355123,527147,644
2015-08-26$134.92$180.0056.5%16.8%46.8%82.8%58.5%9.7%-1.8%-15.9M1.32B-3.3M0.589.0211,0986,482124,123149,491
2015-08-27$143.76$180.0051.2%15.5%53.1%71.1%55.4%10.0%-3.5%-15.3M1.11B-3.7M0.779.9817,83013,697130,817149,696
2015-08-28$148.52$180.0052.6%16.3%54.1%74.2%58.9%14.1%-2.4%-18.4M969.0M-4.1M1.3010.6411,65915,115135,026157,620
2015-08-31$153.12$180.0050.6%15.5%54.0%69.7%57.1%15.1%-0.3%-19.9M986.0M-4.2M1.689.784,7587,975125,718159,563