XOP Options History — August 2017

In August 2017, XOP traded between $116.52 and $128.96. ATM implied volatility averaged 29.7%, placing in the 33.0% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 5.0% (HV 20d: 24.7%). Max pain ranged from $128.00 to $136.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 1.59.

Notable Days

  • 2017-08-03: Highest Volume — 93,687 contracts
  • 2017-08-09: Largest IV drop — 9.2% change
  • 2017-08-08: Highest IV Rank — 51.3%
  • 2017-08-08: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$120.61$116.52$128.96$128.96$120.68
Max Pain$132.52$128.00$136.00$128.00$132.00
ATM IV29.7%26.6%33.8%28.6%27.9%
Expected Move8.4%7.4%9.4%8.2%7.6%
HV 20d24.7%18.6%28.1%27.1%18.6%
HV 60d28.8%26.8%29.4%28.5%26.8%
IV Rank33.0%19.3%51.3%28.0%24.8%
IV Percentile46.0%12.3%82.5%32.1%22.2%
Term Structure-0.1%-0.9%0.7%-0.4%0.1%
VWIV29.9%26.4%35.1%27.8%28.9%
Skew 25d4.1%2.8%5.0%4.0%2.8%
Skew 10d8.0%5.5%10.2%8.5%5.8%
Call IV 25d28.0%25.5%31.8%26.8%26.7%
Put IV 25d32.0%28.4%36.4%30.8%29.5%
Bid-Ask Spread %2.641.685.062.482.38
Gamma HHI0.150.120.170.140.15
Net GEX-105.5M-123.2M-64.1M-64.1M-101.7M
Net DEX2.43B1.26B3.09B1.26B2.37B
Net VEX-13.4M-14.4M-12.8M-13.1M-13.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.590.694.130.981.13
Total Volume45,647.78323,47093,68723,76631,011
Total OI779,506.826658,790833,801658,790825,694

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-08-01$128.96$128.0028.6%8.2%27.1%28.0%27.8%4.0%-0.4%-64.1M1.26B-13.1M0.982.4812,02511,741182,547476,243
2017-08-02$126.64$128.0028.8%8.7%25.0%29.1%31.3%4.3%-0.1%-79.1M1.58B-13.1M1.934.0311,57322,370187,153480,799
2017-08-03$122.24$136.0031.1%8.5%26.5%39.2%30.3%4.9%-0.9%-98.1M2.14B-12.8M2.111.9630,08363,604188,951491,195
2017-08-04$125.16$136.0028.6%8.2%27.9%28.4%29.1%4.1%-0.8%-95.5M1.84B-13.9M1.842.0811,01820,318201,909527,480
2017-08-07$122.96$136.0031.1%8.7%28.0%39.5%31.0%4.4%-0.8%-101.2M2.14B-13.7M1.161.9113,39615,528202,894524,000
2017-08-08$122.72$136.0033.8%9.4%27.8%51.3%35.1%4.7%-0.7%-96.6M2.15B-13.8M0.745.0631,55523,484204,926525,549
2017-08-09$123.16$136.0030.7%8.6%27.9%37.4%30.6%4.3%-0.9%-94.9M2.04B-13.8M2.262.0516,38637,023227,666534,098
2017-08-10$121.52$132.0031.9%9.1%28.1%43.0%31.7%5.0%-0.1%-101.0M2.30B-14.1M4.132.5312,84053,060236,615546,881
2017-08-11$122.00$132.0031.3%9.0%27.8%40.0%30.8%4.8%-0.1%-112.9M2.33B-14.4M0.923.2531,37128,883237,844567,469
2017-08-14$120.36$132.0029.6%8.5%28.1%32.8%29.4%4.2%0.6%-114.9M2.54B-13.5M1.281.8820,83526,568235,100560,385
2017-08-15$119.72$132.0029.6%8.5%27.9%32.7%29.8%3.6%0.1%-115.1M2.61B-13.2M2.531.8822,96558,104237,156559,285
2017-08-16$117.92$132.0029.4%8.4%24.5%31.6%28.8%4.7%-0.1%-122.1M2.89B-12.9M2.042.1317,56735,826237,319569,780
2017-08-17$116.60$132.0031.2%9.0%24.3%39.8%31.9%4.6%-0.2%-118.2M3.09B-13.1M0.951.6818,97218,009240,376583,194
2017-08-18$118.12$132.0030.3%8.6%24.8%35.5%31.2%4.5%0.7%-123.2M2.91B-13.5M2.263.3421,13447,683246,072587,729
2017-08-21$116.52$132.0030.4%8.8%25.0%36.3%30.0%4.1%0.1%-110.0M2.84B-13.2M0.963.2629,70528,509217,064564,581
2017-08-22$117.28$132.0029.9%8.6%20.7%33.8%30.7%4.0%0.3%-109.5M2.79B-13.3M1.402.5520,15328,265226,190572,978
2017-08-23$118.84$132.0028.9%8.3%21.6%29.7%29.0%3.7%0.0%-111.6M2.63B-13.5M1.372.7513,36918,319231,437582,790
2017-08-24$118.84$132.0028.8%8.2%21.6%29.0%29.5%3.7%0.5%-109.9M2.62B-13.5M1.312.4012,40616,260233,909587,490
2017-08-25$119.08$132.0026.6%7.4%21.5%19.3%26.4%2.9%0.4%-111.8M2.60B-13.2M1.562.3211,60518,089235,408589,824
2017-08-28$118.20$132.0027.9%7.9%21.5%24.8%28.2%3.2%0.2%-111.1M2.72B-12.9M1.102.3811,15412,316233,098582,780
2017-08-29$118.04$132.0028.2%7.9%21.5%26.5%29.0%3.6%0.6%-113.0M2.75B-12.9M1.992.7113,38726,669233,762585,709
2017-08-30$118.56$132.0028.3%7.9%21.0%26.9%27.1%3.1%0.3%-111.3M2.69B-12.9M0.693.7814,62910,132234,189591,139
2017-08-31$120.68$132.0027.9%7.6%18.6%24.8%28.9%2.8%0.1%-101.7M2.37B-13.0M1.132.3814,54716,464234,858590,836