XOP Options History — May 2017

In May 2017, XOP traded between $130.36 and $142.76. ATM implied volatility averaged 30.2%, placing in the 34.9% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 3.4% (HV 20d: 26.7%). Max pain ranged from $148.00 to $152.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 1.61.

Notable Days

  • 2017-05-04: Highest Volume — 110,438 contracts
  • 2017-05-04: Largest IV spike — 10.6% change
  • 2017-05-04: Highest IV Rank — 51.2%
  • 2017-05-04: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$138.91$130.36$142.76$139.80$130.36
Max Pain$148.36$148.00$152.00$148.00$148.00
ATM IV30.2%25.6%34.2%29.6%28.7%
Expected Move8.5%7.3%9.4%7.3%8.4%
HV 20d26.7%21.4%29.2%21.7%29.0%
HV 60d25.8%24.3%26.7%24.7%25.7%
IV Rank34.9%14.8%51.2%31.6%28.7%
IV Percentile38.7%7.5%62.3%32.5%27.8%
Term Structure-0.3%-1.3%2.0%-0.5%-0.7%
VWIV30.5%25.2%33.1%25.2%29.4%
Skew 25d3.2%0.9%5.7%2.0%3.7%
Skew 10d6.4%3.9%12.1%5.2%7.1%
Call IV 25d29.1%24.8%33.9%28.9%27.0%
Put IV 25d32.4%27.6%36.3%30.9%30.7%
Bid-Ask Spread %5.372.3118.566.125.60
Gamma HHI0.150.120.290.120.21
Net GEX-99.1M-157.8M-58.6M-98.2M-115.6M
Net DEX1.73B1.23B2.72B1.67B2.72B
Net VEX-11.7M-12.4M-10.4M-10.4M-10.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.610.444.752.172.98
Total Volume45,461.63625,727110,43846,47562,845
Total OI593,029.682503,133639,536503,133617,652

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-05-01$139.80$148.0029.6%7.3%21.7%31.6%25.2%2.0%-0.5%-98.2M1.67B-10.4M2.176.1214,66131,814140,100363,033
2017-05-02$138.60$148.0029.7%7.9%21.8%32.0%29.1%2.6%2.0%-104.2M1.86B-10.8M1.3116.1216,52721,719141,944377,680
2017-05-03$139.28$148.0030.9%8.1%21.4%37.1%29.1%2.5%-0.2%-93.1M1.72B-10.6M2.8218.5618,34451,743143,868368,751
2017-05-04$133.96$152.0034.2%9.4%24.1%51.2%32.5%2.2%0.4%-99.4M2.28B-10.6M2.556.2331,10579,333148,058382,109
2017-05-05$138.84$152.0031.0%8.6%27.6%37.7%30.5%1.9%-1.0%-100.2M1.81B-11.6M0.446.2831,60613,825163,212411,927
2017-05-08$141.12$148.0031.3%8.8%28.4%39.8%31.7%0.9%-0.5%-89.5M1.42B-12.0M1.044.3219,38120,217174,295411,075
2017-05-09$139.36$148.0031.1%9.0%27.4%39.0%31.3%3.3%0.7%-97.1M1.68B-12.2M0.704.5722,77115,857176,565418,593
2017-05-10$142.76$148.0031.2%8.6%29.2%39.6%31.4%2.9%-1.3%-79.3M1.23B-12.4M0.844.9616,66014,039186,102424,861
2017-05-11$141.92$148.0031.5%8.9%28.8%41.2%31.1%3.2%-0.5%-84.6M1.36B-12.4M0.544.6120,65511,256186,964428,177
2017-05-12$140.88$148.0030.7%8.7%27.8%37.7%32.0%3.7%-0.4%-92.6M1.50B-12.4M0.842.6819,92616,780192,830434,317
2017-05-15$142.24$148.0029.4%8.4%28.0%31.9%31.9%3.9%1.2%-93.2M1.35B-12.1M3.064.0313,02239,838190,364430,220
2017-05-16$141.04$148.0030.3%8.7%28.1%35.6%31.1%3.6%-0.6%-108.4M1.57B-12.3M0.784.5314,46911,258191,801445,213
2017-05-17$139.24$148.0032.4%9.3%26.4%44.9%33.1%5.7%-1.2%-104.8M1.82B-12.2M2.134.0212,85427,438196,258436,434
2017-05-18$138.96$148.0031.8%9.1%26.3%42.4%33.1%5.5%-0.1%-113.5M1.81B-12.4M1.052.5913,83114,508197,387439,161
2017-05-19$142.12$148.0030.4%8.7%27.5%36.3%30.4%4.6%-0.7%-58.6M1.31B-12.3M0.562.7920,12411,300198,449441,087
2017-05-22$140.84$148.0029.4%8.6%27.6%31.6%31.1%3.7%-0.5%-82.4M1.33B-11.9M1.162.8019,80723,017163,419393,742
2017-05-23$140.84$148.0029.2%8.7%26.8%31.0%29.9%3.5%-0.6%-87.0M1.39B-12.1M0.702.3129,73620,768173,878405,936
2017-05-24$139.00$148.0030.3%9.2%27.2%35.6%32.7%3.2%-0.6%-88.8M1.60B-12.2M0.973.1124,61223,894186,069412,733
2017-05-25$135.56$148.0028.2%8.4%27.5%26.5%29.0%3.0%-0.3%-113.2M2.12B-11.7M0.984.3032,50131,721194,293418,743
2017-05-26$135.92$148.0025.6%7.5%27.4%14.8%27.4%2.9%0.2%-157.8M2.10B-11.7M2.954.356,62919,558203,663425,270
2017-05-30$133.28$148.0027.0%7.8%28.2%21.1%28.6%3.1%-0.7%-118.8M2.34B-11.1M4.753.246,64931,558193,760416,660
2017-05-31$130.36$148.0028.7%8.4%29.0%28.7%29.4%3.7%-0.7%-115.6M2.72B-10.8M2.985.6015,79747,048195,454422,198