XOP Options History — October 2017

In October 2017, XOP traded between $128.92 and $137.32. ATM implied volatility averaged 24.4%, placing in the 9.4% IV rank vs the trailing year. The 30-day expected move averaged 6.9%. IV traded above realized volatility by 7.2% (HV 20d: 17.2%). Max pain ranged from $128.00 to $136.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.95.

Notable Days

  • 2017-10-18: Highest Volume — 73,120 contracts
  • 2017-10-23: Largest IV spike — 13.6% change
  • 2017-10-31: Highest IV Rank — 23.5%
  • 2017-10-31: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$133.94$128.92$137.32$137.04$137.00
Max Pain$131.09$128.00$136.00$128.00$136.00
ATM IV24.4%22.3%27.6%26.3%27.6%
Expected Move6.9%6.3%7.9%6.7%7.9%
HV 20d17.2%13.6%21.1%21.1%19.2%
HV 60d21.3%19.1%23.0%22.6%19.1%
IV Rank9.4%0.1%23.5%18.0%23.5%
IV Percentile8.2%0.4%34.9%16.7%34.9%
Term Structure0.5%-1.0%4.0%0.2%0.5%
VWIV24.1%20.6%26.1%23.8%25.9%
Skew 25d1.9%-0.1%4.0%1.6%0.7%
Skew 10d3.8%1.7%5.9%3.2%2.1%
Call IV 25d23.5%21.7%27.6%24.6%27.6%
Put IV 25d25.4%23.4%28.8%26.2%28.4%
Bid-Ask Spread %2.551.764.143.012.44
Gamma HHI0.120.100.140.140.10
Net GEX-25.5M-74.5M11.7M11.7M-20.8M
Net DEX523.6M-73.7M1.29B-73.7M224.8M
Net VEX-11.0M-11.9M-10.4M-11.9M-10.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.950.564.920.610.98
Total Volume22,033.5458,14473,12023,56227,861
Total OI629,924.682578,335672,214634,418625,432

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-10-02$137.04$128.0026.3%6.7%21.1%18.0%23.8%1.6%0.2%11.7M-73.7M-11.9M0.613.0114,6698,893197,673436,745
2017-10-03$137.04$132.0024.6%6.7%20.8%10.5%23.9%2.0%0.1%-3.5M55.9M-11.7M1.832.814,8018,781180,424441,596
2017-10-04$136.24$132.0024.2%6.3%20.7%8.5%22.4%1.8%-0.0%-4.1M151.0M-11.6M1.963.244,6279,065180,356443,372
2017-10-05$137.32$128.0023.5%6.9%20.1%5.5%24.4%2.0%-0.1%-841.6K24.4M-11.5M1.112.007,3328,143180,627447,408
2017-10-06$134.16$128.0024.5%6.9%19.0%9.8%25.6%2.1%0.7%-13.7M429.4M-11.7M4.922.354,10620,185180,376449,806
2017-10-09$134.72$128.0024.4%7.0%18.9%9.6%24.7%2.2%-0.1%-12.3M368.6M-11.3M3.111.863,98212,367178,964449,718
2017-10-10$134.40$128.0024.2%6.8%18.1%8.5%22.4%2.4%-0.8%-13.7M405.2M-11.3M0.562.0413,5947,649179,520455,816
2017-10-11$135.28$128.0023.2%6.7%16.2%4.0%23.5%2.0%-0.1%-8.8M342.7M-11.2M1.362.243,4484,696184,602459,299
2017-10-12$134.20$128.0023.9%6.9%16.6%7.2%26.1%2.4%0.3%-16.6M457.1M-11.1M2.722.223,5809,734182,427459,292
2017-10-13$134.28$128.0023.6%6.7%16.6%5.7%24.5%2.5%-0.2%-15.7M471.2M-11.0M1.062.905,1505,451182,650462,238
2017-10-16$134.36$128.0023.7%6.8%16.4%6.2%24.5%2.0%0.1%-11.9M453.6M-10.6M1.401.984,5016,291183,016462,273
2017-10-17$134.60$128.0023.8%6.8%16.4%6.8%24.7%2.4%-0.2%-9.0M415.9M-10.6M1.241.766,1907,647184,130464,063
2017-10-18$133.48$132.0024.3%7.0%15.1%9.2%22.1%2.2%-1.0%-19.9M571.1M-10.4M3.292.5117,03056,090183,807466,890
2017-10-19$132.36$132.0023.2%6.7%15.4%3.9%24.2%1.9%-0.4%-28.1M757.9M-10.7M4.601.864,92622,680181,408476,801
2017-10-20$133.08$132.0022.3%6.4%15.5%0.1%20.6%1.5%-0.3%-49.0M664.4M-10.6M2.032.025,91712,034182,342489,872
2017-10-23$130.04$132.0025.4%7.1%14.1%13.6%24.1%4.0%2.8%-63.4M1.07B-10.6M2.273.754,64310,528151,293427,042
2017-10-24$129.96$132.0023.5%6.9%13.8%5.2%23.3%2.3%2.1%-65.6M1.08B-10.5M1.442.7417,97425,942152,908429,123
2017-10-25$128.92$136.0024.1%7.2%13.6%8.0%24.3%2.4%2.0%-74.5M1.29B-10.8M2.574.1410,29526,419163,202444,250
2017-10-26$129.64$136.0024.3%7.0%13.9%9.0%24.5%0.9%2.3%-69.1M1.20B-10.7M1.612.995,2098,413170,008446,941
2017-10-27$133.52$136.0025.1%7.3%18.0%12.4%25.0%-0.1%4.0%-42.3M680.1M-10.8M0.912.9412,86811,682171,328448,066
2017-10-30$134.96$136.0027.1%7.6%18.4%21.5%24.5%1.7%-0.3%-29.3M476.3M-10.4M1.262.428,54510,800174,121447,118
2017-10-31$137.00$136.0027.6%7.9%19.2%23.5%25.9%0.7%0.5%-20.8M224.8M-10.4M0.982.4414,06313,798176,930448,502