XOP Options History — June 2017

In June 2017, XOP traded between $120.72 and $134.40. ATM implied volatility averaged 30.1%, placing in the 35.0% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded below realized volatility by 1.5% (HV 20d: 31.6%). Max pain ranged from $136.00 to $148.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 14 of 22 days. Put/call ratio averaged 1.46.

Notable Days

  • 2017-06-21: Highest Volume — 104,179 contracts
  • 2017-06-16: Largest IV drop — 12.2% change
  • 2017-06-21: Highest IV Rank — 53.1%
  • 2017-06-21: Largest Expected Move — 9.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$127.04$120.72$134.40$131.40$127.92
Max Pain$137.45$136.00$148.00$148.00$136.00
ATM IV30.1%27.5%34.2%27.8%29.8%
Expected Move8.6%7.8%9.8%8.1%8.4%
HV 20d31.6%22.4%35.9%29.1%34.8%
HV 60d27.5%24.3%29.4%25.6%28.5%
IV Rank35.0%23.0%53.1%24.5%33.3%
IV Percentile43.1%17.1%74.6%18.7%41.3%
Term Structure0.0%-1.3%0.9%-0.6%0.4%
VWIV30.5%27.9%34.5%28.6%28.5%
Skew 25d3.7%2.6%4.8%3.0%4.6%
Skew 10d7.2%5.2%9.3%6.1%8.7%
Call IV 25d28.8%26.6%32.4%26.9%27.9%
Put IV 25d32.5%29.6%36.8%29.9%32.5%
Bid-Ask Spread %2.651.754.884.882.68
Gamma HHI0.140.110.210.210.12
Net GEX-100.8M-136.2M-68.1M-114.4M-68.1M
Net DEX2.54B1.68B3.59B2.58B1.68B
Net VEX-12.5M-14.0M-10.9M-11.1M-14.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.460.303.001.770.30
Total Volume55,479.77318,732104,17979,92530,064
Total OI696,787.818581,544819,829634,259711,991

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-06-01$131.40$148.0027.8%8.1%29.1%24.5%28.6%3.0%-0.6%-114.4M2.58B-11.1M1.774.8828,86651,059202,200432,059
2017-06-02$129.12$148.0028.6%8.3%26.5%28.4%29.3%3.1%-0.7%-98.7M2.82B-11.1M1.512.1521,19132,094215,083441,281
2017-06-05$129.00$140.0028.4%8.3%22.4%27.4%28.4%3.0%0.3%-115.5M2.86B-10.9M3.001.7515,44546,327199,766444,706
2017-06-06$132.12$140.0028.3%8.3%23.5%26.7%28.4%2.6%0.2%-120.6M2.52B-11.8M1.023.7231,83832,330204,208464,238
2017-06-07$126.60$136.0030.2%8.6%27.2%35.4%30.8%2.8%0.5%-103.8M3.13B-11.0M1.492.0725,28637,721223,554464,030
2017-06-08$126.00$136.0030.4%8.9%25.0%36.2%30.5%2.9%0.0%-105.1M3.19B-11.5M2.024.0122,20244,851234,086483,439
2017-06-09$130.52$136.0029.5%8.3%29.0%32.2%29.1%3.0%-0.4%-108.1M2.67B-12.6M1.932.8924,61947,502241,297504,774
2017-06-12$131.04$136.0028.9%8.4%29.1%29.4%30.7%3.8%0.3%-115.9M2.58B-12.7M1.352.0019,84826,882235,916517,692
2017-06-13$134.40$136.0027.5%7.8%30.5%23.0%27.9%2.9%-0.2%-111.9M2.02B-12.8M1.772.8324,42243,328238,531519,592
2017-06-14$128.92$136.0029.9%8.6%33.5%34.1%29.3%3.4%0.2%-121.9M2.99B-12.6M0.671.9546,39130,980244,283529,388
2017-06-15$124.84$136.0033.0%9.2%34.8%47.7%31.3%4.0%-1.3%-114.4M3.59B-12.3M1.411.8332,34945,476246,047542,101
2017-06-16$126.28$136.0029.0%8.2%35.3%29.8%30.0%3.7%-0.7%-136.2M3.49B-12.7M1.163.3020,66124,019254,694565,135
2017-06-19$126.16$136.0029.4%8.4%33.9%31.6%29.6%3.4%0.7%-85.7M1.94B-12.4M1.012.1317,32917,550165,375416,169
2017-06-20$124.40$136.0030.9%8.8%34.0%38.4%30.8%3.7%0.3%-89.6M2.16B-12.4M1.352.0139,62453,563170,226426,343
2017-06-21$120.72$136.0034.2%9.8%34.9%53.1%34.5%4.4%-0.5%-88.2M2.56B-12.2M2.592.3529,00875,171192,063444,278
2017-06-22$120.96$136.0033.0%9.4%35.0%47.8%34.3%4.5%0.9%-93.1M2.57B-12.8M2.772.3514,58240,342207,355473,155
2017-06-23$123.68$136.0031.0%8.9%35.8%38.9%31.2%4.4%0.7%-87.0M2.24B-13.4M0.932.399,7289,004208,454477,143
2017-06-26$124.64$136.0030.8%8.8%35.9%37.9%31.0%4.2%0.4%-87.9M2.14B-13.5M0.563.4313,0167,274208,107481,426
2017-06-27$124.44$136.0031.7%9.0%35.5%41.9%33.1%4.5%-0.4%-88.9M2.15B-13.4M1.312.3112,67416,613210,114482,520
2017-06-28$125.08$136.0029.6%8.6%34.9%32.5%32.2%4.8%0.5%-85.6M2.07B-13.5M1.322.5315,70120,681215,809483,644
2017-06-29$126.64$136.0031.1%8.7%35.1%39.5%30.8%4.8%0.4%-77.3M1.86B-13.9M0.852.7912,42910,515218,026489,034
2017-06-30$127.92$136.0029.8%8.4%34.8%33.3%28.5%4.6%0.4%-68.1M1.68B-14.0M0.302.6823,1336,931220,277491,714