XOP Options History — February 2017

In February 2017, XOP traded between $151.28 and $162.80. ATM implied volatility averaged 26.4%, placing in the 10.9% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded above realized volatility by 5.3% (HV 20d: 21.1%). Max pain ranged from $160.00 to $168.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 1.65.

Notable Days

  • 2017-02-17: Highest Volume — 54,296 contracts
  • 2017-02-22: Largest IV spike — 11.8% change
  • 2017-02-28: Highest IV Rank — 20.8%
  • 2017-02-28: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$157.77$151.28$162.80$158.88$151.28
Max Pain$160.42$160.00$168.00$168.00$160.00
ATM IV26.4%24.3%28.9%25.6%28.9%
Expected Move7.8%7.2%8.5%7.2%8.5%
HV 20d21.1%18.4%24.1%18.4%22.3%
HV 60d30.3%19.4%32.2%32.0%19.4%
IV Rank10.9%4.4%20.8%7.2%20.8%
IV Percentile7.6%2.4%17.9%3.2%17.9%
Term Structure0.5%-1.6%1.8%0.6%0.1%
VWIV27.4%24.9%30.0%24.9%30.0%
Skew 25d2.4%1.6%3.2%2.7%2.2%
Skew 10d4.7%1.6%8.3%7.8%4.5%
Call IV 25d25.6%22.7%28.6%24.7%28.6%
Put IV 25d28.0%25.5%30.8%27.4%30.8%
Bid-Ask Spread %9.863.8019.5319.5310.84
Gamma HHI0.090.080.110.100.10
Net GEX-35.7M-60.0M-18.6M-38.4M-60.0M
Net DEX679.6M342.3M977.9M663.0M977.9M
Net VEX-7.0M-8.1M-6.4M-6.4M-8.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.650.773.491.941.29
Total Volume28,531.36810,92054,29636,90722,854
Total OI349,345.211299,747384,650299,747384,650

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-02-01$158.88$168.0025.6%7.2%18.4%7.2%24.9%2.7%0.6%-38.4M663.0M-6.4M1.9419.5312,54424,36397,171202,576
2017-02-02$159.84$160.0025.9%7.9%18.4%7.8%28.0%3.0%0.8%-33.0M608.3M-6.7M1.019.7914,05914,205103,147212,932
2017-02-03$162.80$160.0024.3%7.5%19.9%4.4%26.0%2.8%0.6%-18.6M342.3M-6.9M1.0610.8811,69112,338111,003217,911
2017-02-06$160.36$160.0024.9%7.6%20.4%5.8%26.8%3.2%1.6%-29.2M565.9M-6.7M1.448.575,3987,776112,098217,938
2017-02-07$156.60$160.0027.5%8.3%19.4%11.4%29.5%2.3%1.5%-39.6M829.4M-6.7M3.4910.527,37325,698113,031219,483
2017-02-08$156.76$160.0027.8%8.2%19.4%11.9%28.5%3.1%1.0%-42.7M868.9M-6.8M1.3510.5712,44516,763116,001229,928
2017-02-09$159.64$160.0026.3%7.8%20.5%8.7%27.8%1.9%1.0%-29.7M626.0M-7.0M0.778.1810,2727,879120,233238,039
2017-02-10$161.40$160.0025.4%7.6%20.9%6.7%26.6%2.2%1.8%-18.6M455.2M-6.8M2.023.804,8339,759121,925238,146
2017-02-13$160.12$160.0025.5%7.4%21.0%8.0%26.1%2.4%0.1%-28.5M618.0M-6.6M1.886.653,7897,131120,074237,289
2017-02-14$161.60$160.0024.9%7.2%20.6%6.4%25.7%2.1%0.1%-19.3M484.0M-6.5M1.997.184,9119,786120,682238,199
2017-02-15$160.96$160.0025.3%7.3%20.7%8.4%25.4%2.3%-0.2%-20.6M541.8M-6.4M1.3610.128,80011,959121,895238,850
2017-02-16$157.92$160.0026.2%7.5%21.7%11.2%25.7%2.5%1.4%-49.3M821.1M-6.4M2.1910.627,61716,702123,330240,879
2017-02-17$157.08$160.0026.2%7.5%21.6%11.4%26.4%2.3%-0.7%-32.2M922.1M-6.4M1.567.8821,23533,061124,934246,241
2017-02-21$159.28$160.0024.9%7.3%22.2%7.9%26.8%1.6%0.3%-21.9M358.9M-7.6M1.645.368,94714,716111,979224,264
2017-02-22$154.60$160.0027.9%8.0%23.3%16.6%28.0%2.2%-1.6%-39.9M682.6M-7.5M1.5213.2215,06322,867112,774223,402
2017-02-23$154.28$160.0027.8%8.2%23.1%16.3%29.8%2.4%0.3%-43.7M726.8M-7.7M1.5413.1520,59331,738119,135232,305
2017-02-24$151.32$160.0028.2%8.3%23.6%17.6%29.5%2.9%0.3%-58.5M970.9M-7.9M2.3212.0515,53536,079126,156242,695
2017-02-27$152.88$160.0028.3%8.2%24.1%19.0%29.5%2.3%0.3%-54.2M850.4M-8.1M1.018.3415,59215,725123,671252,593
2017-02-28$151.28$160.0028.9%8.5%22.3%20.8%30.0%2.2%0.1%-60.0M977.9M-8.1M1.2910.849,97412,880128,736255,914