XOP Options History — February 2018

In February 2018, XOP traded between $129.52 and $148.08. ATM implied volatility averaged 33.0%, placing in the 61.4% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 0.6% (HV 20d: 32.4%). Max pain ranged from $142.00 to $152.00. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 1.73.

Notable Days

  • 2018-02-05: Highest Volume — 90,859 contracts
  • 2018-02-05: Largest IV spike — 16.7% change
  • 2018-02-05: Highest IV Rank — 100.0%
  • 2018-02-05: Largest Expected Move — 11.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$135.90$129.52$148.08$148.08$132.40
Max Pain$146.63$142.00$152.00$152.00$142.00
ATM IV33.0%28.5%41.3%28.5%31.6%
Expected Move9.5%8.3%11.2%8.3%9.6%
HV 20d32.4%22.4%37.2%22.4%36.4%
HV 60d27.9%25.6%29.2%25.6%29.2%
IV Rank61.4%34.2%100.0%51.9%49.0%
IV Percentile86.5%57.9%100.0%57.9%89.3%
Term Structure-0.6%-2.6%0.8%0.2%-0.3%
VWIV33.6%29.2%38.3%29.2%33.8%
Skew 25d5.0%1.3%12.8%1.3%3.7%
Skew 10d9.2%1.9%21.1%2.4%7.4%
Call IV 25d31.5%27.7%38.6%28.3%30.3%
Put IV 25d36.5%29.6%50.0%29.6%33.9%
Bid-Ask Spread %5.812.5414.853.007.95
Gamma HHI0.100.080.140.100.14
Net GEX-42.1M-66.3M-819.0K-819.0K-66.3M
Net DEX1.28B226.1M2.05B226.1M1.56B
Net VEX-11.6M-12.2M-10.6M-11.9M-11.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.730.664.330.854.12
Total Volume41,034.7378,64390,85926,69422,763
Total OI666,473.947575,751748,462575,751694,676

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-02-01$148.08$152.0028.5%8.3%22.4%51.9%29.2%1.3%0.2%-819.0K226.1M-11.9M0.853.0014,46612,228265,131310,620
2018-02-02$141.76$152.0033.2%9.4%26.6%91.3%33.2%1.7%-0.8%-22.1M866.6M-11.7M0.665.2739,26725,975270,766314,415
2018-02-05$137.92$152.0038.7%11.2%27.8%100.0%38.3%9.0%-0.4%-25.0M1.17B-11.6M1.3614.8538,54652,313288,475320,591
2018-02-06$139.08$148.0036.5%10.2%28.0%86.9%36.2%3.6%-0.9%-26.7M1.14B-11.9M1.138.1811,36812,799302,879341,018
2018-02-07$135.08$148.0033.3%9.3%29.2%66.8%31.1%3.9%-0.7%-47.7M1.55B-10.8M1.027.1722,49022,929303,586340,354
2018-02-08$129.52$148.0038.6%10.7%31.7%99.4%35.1%6.1%-1.5%-53.6M2.05B-10.6M2.197.5617,87739,140317,630356,293
2018-02-09$129.60$148.0041.3%11.0%29.7%100.0%38.1%12.8%-2.6%-51.4M1.98B-10.9M1.129.9237,91742,332325,271356,789
2018-02-12$133.04$148.0035.6%10.2%31.9%69.7%34.6%6.5%-2.2%-52.9M1.72B-11.1M2.245.1313,28529,819332,823370,464
2018-02-13$131.16$148.0033.3%9.5%31.8%57.7%35.7%5.7%-0.7%-66.0M1.89B-11.0M4.332.676,48028,027330,138381,306
2018-02-14$136.28$144.0031.9%9.2%35.6%50.5%34.7%5.2%-0.5%-51.4M1.42B-11.7M1.725.1424,82342,663331,204394,869
2018-02-15$136.12$148.0031.5%9.0%35.6%48.2%34.9%5.0%-0.0%-45.7M1.34B-12.1M1.493.9612,90219,182347,902392,212
2018-02-16$135.88$144.0029.8%8.5%35.7%39.2%30.8%5.8%0.1%-54.6M1.38B-11.9M1.262.9910,28913,011353,906394,556
2018-02-20$135.24$144.0032.7%9.5%33.6%54.4%35.8%5.9%-0.7%-40.5M1.12B-11.9M0.894.0414,23912,626275,230356,370
2018-02-21$132.20$144.0031.2%9.2%33.7%46.5%32.8%3.3%-0.0%-54.6M1.42B-11.3M0.897.2221,53919,257280,504358,603
2018-02-22$135.12$144.0031.0%9.0%35.4%45.5%33.3%4.3%-0.4%-44.3M1.12B-11.9M2.124.417,81216,580291,766368,745
2018-02-23$138.52$144.0028.8%8.6%36.8%34.3%29.9%3.7%-0.2%-28.5M729.0M-12.2M1.063.997,8038,256295,750372,786
2018-02-26$139.12$144.0028.8%8.4%36.9%34.2%29.6%3.9%-0.4%-24.7M651.9M-11.8M1.072.544,1724,471291,242370,817
2018-02-27$135.96$144.0030.2%9.1%37.2%41.6%31.7%3.7%0.8%-43.1M1.04B-11.7M3.404.3711,36838,646292,255371,063
2018-02-28$132.40$142.0031.6%9.6%36.4%49.0%33.8%3.7%-0.3%-66.3M1.56B-11.8M4.127.954,44418,319298,531396,145