XOP Options History — September 2018

In September 2018, XOP traded between $159.72 and $174.60. ATM implied volatility averaged 25.4%, placing in the 16.2% IV rank vs the trailing year. The 30-day expected move averaged 7.3%. IV traded above realized volatility by 2.3% (HV 20d: 23.1%). Max pain ranged from $166.00 to $168.00. Net GEX was positive for 1 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 3.21.

Notable Days

  • 2018-09-14: Highest Volume — 51,099 contracts
  • 2018-09-06: Largest IV spike — 4.9% change
  • 2018-09-07: Highest IV Rank — 26.4%
  • 2018-09-07: Largest Expected Move — 8.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$167.38$159.72$174.60$167.00$173.40
Max Pain$167.79$166.00$168.00$166.00$168.00
ATM IV25.4%23.8%27.3%25.4%24.1%
Expected Move7.3%6.7%8.0%7.3%6.8%
HV 20d23.1%20.1%27.2%25.5%20.7%
HV 60d23.6%21.9%25.6%24.8%22.1%
IV Rank16.2%7.8%26.4%16.1%9.6%
IV Percentile26.3%7.5%47.2%28.2%11.1%
Term Structure0.3%-0.3%1.2%0.2%0.5%
VWIV25.8%23.3%28.7%26.0%23.7%
Skew 25d3.0%2.4%4.0%2.7%2.5%
Skew 10d5.2%3.7%6.6%4.5%4.0%
Call IV 25d24.3%22.9%26.1%24.2%23.3%
Put IV 25d27.2%25.2%29.6%26.9%25.7%
Bid-Ask Spread %2.401.485.093.092.29
Gamma HHI0.100.090.130.110.09
Net GEX-32.5M-78.0M863.5K-39.8M-7.5M
Net DEX-140.9M-694.1M577.7M-77.6M-645.7M
Net VEX-8.5M-9.5M-7.7M-8.6M-7.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio3.211.287.373.711.28
Total Volume28,258.05315,96851,09915,96831,992
Total OI454,713.421420,889481,983439,127445,797

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-09-04$167.00$166.0025.4%7.3%25.5%16.1%26.0%2.7%0.2%-39.8M-77.6M-8.6M3.713.093,39112,577130,161308,966
2018-09-05$166.56$166.0025.7%7.4%25.4%17.6%25.6%3.0%0.3%-43.1M-32.8M-8.6M2.012.047,72415,561130,949309,745
2018-09-06$161.48$168.0026.9%7.9%27.1%24.1%26.3%3.2%0.2%-61.6M405.8M-9.2M3.114.017,15622,247133,402311,939
2018-09-07$159.72$168.0027.3%8.0%27.2%26.4%27.6%3.5%0.0%-78.0M577.7M-9.5M2.822.158,06922,740137,164316,921
2018-09-10$160.28$168.0027.0%7.8%27.0%24.4%27.9%2.9%0.6%-66.1M463.7M-9.2M3.691.753,72413,747137,629314,062
2018-09-11$163.44$168.0026.6%7.7%26.9%22.4%28.7%3.4%0.2%-51.1M175.2M-8.9M3.711.716,43723,870138,013314,647
2018-09-12$165.56$168.0026.2%7.8%27.2%20.5%27.1%3.2%0.9%-41.9M-16.7M-8.7M1.881.668,98916,943139,254319,236
2018-09-13$164.52$168.0026.3%7.7%21.5%20.9%26.8%3.0%0.5%-42.7M50.5M-8.8M1.981.847,71815,258143,215315,091
2018-09-14$165.56$168.0025.4%7.5%21.5%16.3%28.4%2.8%1.2%-19.6M-62.9M-8.7M7.375.096,10444,995145,215316,696
2018-09-17$164.68$168.0026.6%7.7%21.6%22.7%27.3%4.0%-0.3%-45.2M52.1M-8.9M7.181.654,22130,293142,853327,830
2018-09-18$167.48$168.0025.4%7.3%22.2%16.2%25.7%2.9%-0.2%-31.4M-188.3M-8.6M2.781.965,58815,512143,147332,062
2018-09-19$169.28$168.0024.9%7.2%21.3%13.8%25.9%3.1%-0.0%-18.6M-361.7M-8.3M3.501.485,26818,437144,922333,614
2018-09-20$168.48$168.0024.4%7.0%20.1%10.9%23.6%3.2%0.1%-20.9M-280.5M-8.5M2.892.566,37318,417145,585336,398
2018-09-21$169.92$168.0024.3%7.0%20.1%10.2%23.9%2.9%-0.3%-20.6M-345.6M-8.3M1.692.4012,34920,916142,863339,029
2018-09-24$173.60$168.0024.2%6.8%21.0%9.9%23.8%2.8%0.4%-452.5K-651.7M-7.7M2.802.0910,34829,020121,894298,995
2018-09-25$174.60$168.0024.3%6.9%21.0%10.3%24.1%2.5%0.3%863.5K-694.1M-7.7M2.212.1412,48027,601123,854308,132
2018-09-26$171.92$168.0023.8%6.7%21.6%7.8%24.2%2.4%0.6%-16.6M-485.7M-8.1M3.703.774,85317,981128,939316,774
2018-09-27$172.68$168.0023.8%6.7%20.7%8.0%23.3%2.4%0.6%-12.9M-558.1M-8.0M2.631.994,96213,042129,508315,054
2018-09-28$173.40$168.0024.1%6.8%20.7%9.6%23.7%2.5%0.5%-7.5M-645.7M-7.8M1.282.2914,05817,934131,208314,589