XOP Options History — July 2017

In July 2017, XOP traded between $122.72 and $131.40. ATM implied volatility averaged 29.7%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 0.6% (HV 20d: 29.1%). Max pain ranged from $124.00 to $136.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 1.29.

Notable Days

  • 2017-07-13: Highest Volume — 54,879 contracts
  • 2017-07-05: Largest IV spike — 9.8% change
  • 2017-07-06: Highest IV Rank — 52.5%
  • 2017-07-06: Largest Expected Move — 9.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$127.58$122.72$131.40$130.44$130.36
Max Pain$127.40$124.00$136.00$136.00$128.00
ATM IV29.7%27.4%34.1%29.9%28.5%
Expected Move8.5%7.8%9.5%8.4%8.2%
HV 20d29.1%24.7%36.4%35.6%27.7%
HV 60d29.6%28.7%30.5%28.7%29.4%
IV Rank33.0%22.9%52.5%34.2%27.5%
IV Percentile40.3%17.1%77.8%43.7%30.6%
Term Structure0.1%-1.0%0.7%0.3%-0.4%
VWIV30.4%27.9%34.4%29.1%28.8%
Skew 25d4.0%2.9%5.4%4.0%4.0%
Skew 10d8.2%5.3%10.8%9.3%9.4%
Call IV 25d28.3%26.6%31.8%28.5%26.9%
Put IV 25d32.2%29.5%37.1%32.5%30.9%
Bid-Ask Spread %2.791.717.055.742.63
Gamma HHI0.120.110.160.110.13
Net GEX-78.7M-106.5M-42.5M-67.4M-55.7M
Net DEX1.67B892.9M2.46B1.34B1.09B
Net VEX-13.3M-13.9M-12.7M-13.9M-13.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.290.382.220.381.43
Total Volume36,459.514,14454,87914,14429,729
Total OI721,378.2642,759789,553702,336659,033

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-07-03$130.44$136.0029.9%8.4%35.6%34.2%29.1%4.0%0.3%-67.4M1.34B-13.9M0.385.7410,2313,913214,948487,388
2017-07-05$126.08$136.0032.9%9.4%36.4%47.3%32.1%4.6%0.1%-83.8M1.99B-13.5M0.777.0515,21311,693216,637488,370
2017-07-06$122.88$124.0034.1%9.5%34.4%52.5%33.1%5.4%0.7%-93.0M2.38B-13.1M1.331.9916,28621,721222,156492,948
2017-07-07$122.72$124.0032.8%9.1%34.4%46.8%32.7%4.6%0.5%-106.5M2.46B-13.1M1.132.5020,62823,335222,005499,785
2017-07-10$124.80$124.0032.2%9.2%32.3%44.2%34.4%4.6%-0.2%-97.8M2.16B-13.3M1.111.8515,61317,286225,615503,740
2017-07-11$125.56$124.0031.7%9.1%32.4%41.9%32.6%4.5%0.1%-93.7M2.04B-13.4M0.961.7713,56213,019230,819506,666
2017-07-12$125.60$124.0030.7%8.9%30.8%37.4%31.5%4.3%0.4%-93.9M2.05B-13.3M0.961.9422,59221,710233,282507,128
2017-07-13$126.48$124.0029.8%8.3%27.4%33.4%31.5%3.8%-1.0%-98.5M1.96B-13.3M1.641.7220,82534,054238,341515,337
2017-07-14$127.76$124.0028.3%8.1%25.0%27.0%28.6%3.6%-0.3%-88.0M1.77B-13.6M2.221.7214,68432,597245,588529,882
2017-07-17$127.48$128.0028.7%8.2%24.7%28.6%30.9%4.5%-0.1%-97.1M1.82B-13.1M1.651.7112,37120,419242,314522,535
2017-07-18$126.00$128.0029.7%8.5%25.1%32.9%29.4%4.3%-0.4%-106.4M2.10B-12.7M0.862.0612,06410,372243,278525,600
2017-07-19$130.40$128.0028.6%8.2%27.3%28.2%29.8%3.5%0.1%-77.8M1.29B-13.1M0.776.4822,30817,262247,280524,793
2017-07-20$128.32$128.0027.7%7.9%25.5%24.3%29.6%2.9%0.3%-88.7M1.66B-13.1M1.352.0319,53326,408254,154530,762
2017-07-21$126.36$128.0027.4%7.8%26.3%22.9%27.9%3.1%0.4%-76.2M2.03B-12.9M1.801.8614,89926,796254,597534,956
2017-07-24$126.24$128.0028.1%8.1%25.2%25.9%28.3%3.8%0.2%-70.9M1.54B-13.0M1.302.1814,04918,320179,293463,466
2017-07-25$130.80$128.0028.4%8.1%28.0%27.2%28.9%3.3%-0.1%-49.4M985.5M-13.3M1.102.0320,78322,954182,634467,518
2017-07-26$130.84$128.0028.3%8.1%28.0%27.0%29.3%3.4%-0.1%-42.9M952.9M-13.5M2.102.3214,52430,548191,043471,567
2017-07-27$131.12$128.0027.8%7.9%28.0%24.5%27.9%3.4%0.4%-42.5M941.8M-13.7M1.502.9614,83122,248192,309479,303
2017-07-28$131.40$128.0028.2%8.0%27.7%26.5%31.2%3.7%0.5%-43.9M892.9M-13.8M1.343.1812,74317,067196,048484,446
2017-07-31$130.36$128.0028.5%8.2%27.7%27.5%28.8%4.0%-0.4%-55.7M1.09B-13.2M1.432.6312,23417,495184,523474,510