XOP Options History — June 2018

In June 2018, XOP traded between $161.48 and $172.60. ATM implied volatility averaged 30.4%, placing in the 42.4% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 0.2% (HV 20d: 30.2%). Max pain ranged from $156.00 to $166.00. Net GEX was positive for 12 of 21 trading days. Term structure was in contango for 4 of 21 days. Put/call ratio averaged 1.90.

Notable Days

  • 2018-06-29: Highest Volume — 49,212 contracts
  • 2018-06-22: Largest IV drop — 10.5% change
  • 2018-06-21: Highest IV Rank — 53.3%
  • 2018-06-21: Largest Expected Move — 9.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$167.79$161.48$172.60$168.64$172.20
Max Pain$164.10$156.00$166.00$156.00$166.00
ATM IV30.4%28.7%32.5%31.5%29.3%
Expected Move8.6%8.1%9.3%8.5%8.3%
HV 20d30.2%28.5%33.1%28.5%30.3%
HV 60d28.9%28.0%29.6%28.8%28.0%
IV Rank42.4%33.7%53.3%48.2%36.4%
IV Percentile73.3%54.4%91.7%86.1%60.7%
Term Structure-0.3%-1.4%0.3%-1.4%0.3%
VWIV30.7%28.7%33.7%30.4%29.3%
Skew 25d2.8%2.1%3.6%3.4%2.1%
Skew 10d4.7%3.0%6.1%6.0%3.0%
Call IV 25d29.2%27.9%31.0%30.4%28.4%
Put IV 25d32.0%30.2%34.3%33.8%30.5%
Bid-Ask Spread %2.681.816.163.122.01
Gamma HHI0.100.080.240.090.24
Net GEX-3.0M-89.8M67.8M17.4M67.8M
Net DEX-460.1M-1.08B419.1M-950.3M-580.6M
Net VEX-9.8M-10.5M-9.4M-9.7M-9.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.900.344.901.222.73
Total Volume31,437.52411,30949,21248,65549,212
Total OI517,471.476422,541592,157533,408483,309

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-06-01$168.64$156.0031.5%8.5%28.5%48.2%30.4%3.4%-1.4%17.4M-950.3M-9.7M1.223.1221,93126,724192,776340,632
2018-06-04$164.92$164.0032.3%9.0%29.3%52.3%32.1%3.4%-0.1%1.6M-488.5M-10.1M4.903.077,36736,074199,578344,254
2018-06-05$163.84$164.0031.8%8.9%29.3%49.7%31.8%3.1%-0.4%-9.8M-300.1M-10.5M2.773.226,37817,688200,910360,514
2018-06-06$164.24$164.0030.9%8.7%29.0%45.1%30.0%3.0%-0.2%-6.9M-384.9M-10.1M0.972.5615,41014,906201,857356,544
2018-06-07$169.28$164.0031.2%8.9%29.9%46.5%31.1%2.9%-0.3%26.8M-1.05B-10.0M0.652.8214,4669,429209,426359,829
2018-06-08$168.16$164.0030.9%8.8%30.0%45.3%31.6%2.7%-0.4%27.1M-893.3M-10.1M1.692.345,7019,644210,229362,133
2018-06-11$169.64$164.0030.2%8.6%29.9%41.6%30.7%2.5%-0.4%30.2M-1.08B-9.5M1.241.815,0516,258209,906364,099
2018-06-12$168.60$164.0029.9%8.5%29.6%39.7%30.9%2.5%-0.2%25.6M-942.8M-9.6M4.352.114,97521,626210,392365,505
2018-06-13$168.92$164.0029.0%8.3%29.6%35.2%30.4%2.2%-0.2%19.6M-964.9M-9.4M4.016.168,61634,534210,832381,325
2018-06-14$166.64$164.0028.7%8.1%29.8%33.7%29.5%2.3%-0.4%8.6M-591.0M-9.6M0.472.4722,60610,567210,446380,748
2018-06-15$161.48$164.0029.1%8.4%29.3%35.5%28.7%2.8%0.2%-89.8M419.1M-10.0M1.782.237,43413,208176,688384,110
2018-06-18$165.20$164.0029.8%8.5%30.7%39.2%30.5%2.4%-0.4%-47.0M82.7M-9.6M1.652.0817,72729,233128,146294,395
2018-06-19$166.68$164.0029.6%8.5%29.6%38.3%29.7%2.7%-0.4%-42.1M-14.5M-9.7M3.092.284,56314,079134,617310,479
2018-06-20$169.80$164.0030.2%8.7%29.3%41.6%31.2%3.0%-0.8%-25.0M-284.6M-9.5M2.352.0811,00125,809137,193311,303
2018-06-21$164.64$164.0032.5%9.3%31.1%53.3%33.7%3.3%-0.1%-53.2M247.9M-10.4M1.344.0017,33923,314142,935321,289
2018-06-22$169.96$164.0029.0%8.4%33.1%35.3%29.7%2.1%-0.3%16.7M-389.4M-9.7M1.842.2313,37924,592153,789330,402
2018-06-25$166.32$166.0031.2%9.0%31.8%46.9%31.1%3.6%-0.1%-32.3M-6.7M-10.2M0.343.2123,5348,050151,652317,428
2018-06-26$170.08$166.0029.8%8.6%32.7%39.4%30.2%3.2%0.3%-8.5M-384.1M-9.6M0.601.9817,02110,253149,774315,772
2018-06-27$172.60$166.0030.7%8.8%30.3%44.1%30.8%3.1%-0.1%5.5M-601.1M-9.6M0.662.4821,46914,133152,660317,632
2018-06-28$171.72$166.0030.3%8.7%30.3%42.1%30.3%2.8%0.1%3.8M-504.5M-9.7M1.341.976,3598,528157,764323,629
2018-06-29$172.20$166.0029.3%8.3%30.3%36.4%29.3%2.1%0.3%67.8M-580.6M-9.5M2.732.0113,19336,019160,277323,032