XOP Options History — June 2019

In June 2019, XOP traded between $99.44 and $108.40. ATM implied volatility averaged 35.5%, placing in the 37.8% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded below realized volatility by 0.5% (HV 20d: 36.1%). Max pain ranged from $112.00 to $124.00. Net GEX was positive for 0 of 20 trading days. Term structure was in contango for 11 of 20 days. Put/call ratio averaged 1.58.

Notable Days

  • 2019-06-13: Highest Volume — 53,811 contracts
  • 2019-06-06: Largest IV drop — 6.0% change
  • 2019-06-05: Highest IV Rank — 47.2%
  • 2019-06-05: Largest Expected Move — 11.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$104.05$99.44$108.40$103.24$108.40
Max Pain$115.30$112.00$124.00$124.00$112.00
ATM IV35.5%33.8%38.7%38.6%33.8%
Expected Move10.2%9.7%11.4%11.2%9.7%
HV 20d36.1%31.9%39.7%35.1%31.9%
HV 60d32.9%32.2%33.6%33.5%33.2%
IV Rank37.8%32.7%47.2%46.9%32.7%
IV Percentile75.0%66.7%84.9%84.9%66.7%
Term Structure0.0%-1.1%1.1%-0.5%0.0%
VWIV35.9%34.4%39.5%38.8%34.5%
Skew 25d4.7%3.4%5.8%5.8%5.0%
Skew 10d8.2%6.1%9.6%9.4%8.1%
Call IV 25d33.4%31.0%36.0%35.6%31.0%
Put IV 25d38.1%36.0%41.7%41.4%36.0%
Bid-Ask Spread %2.471.743.422.542.51
Gamma HHI0.170.150.210.150.17
Net GEX-63.4M-75.5M-40.2M-73.0M-42.5M
Net DEX2.43B1.33B3.14B2.76B1.33B
Net VEX-11.7M-12.8M-10.0M-11.6M-12.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.580.752.901.081.26
Total Volume30,259.710,84053,81122,30435,589
Total OI769,377.3611,589859,676776,375641,748

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-06-03$103.24$124.0038.6%11.2%35.1%46.9%38.8%5.8%-0.5%-73.0M2.76B-11.6M1.082.5410,72711,577277,223499,152
2019-06-04$105.84$122.0037.0%10.6%36.7%42.2%35.9%5.2%-0.5%-75.0M2.51B-12.0M1.322.0412,35016,299278,007498,990
2019-06-05$102.12$120.0038.7%11.4%38.0%47.2%39.5%5.7%-0.4%-71.1M2.85B-11.2M1.841.7814,29326,257283,871499,790
2019-06-06$103.20$116.0036.4%10.4%37.6%40.5%37.1%4.8%-0.1%-74.7M2.79B-11.3M2.662.204,30111,431291,763508,398
2019-06-07$103.56$116.0035.5%10.2%37.8%37.6%36.3%4.7%-0.4%-74.7M2.76B-11.4M0.832.0411,5099,572294,325513,497
2019-06-10$102.64$116.0035.9%10.0%37.7%39.0%36.1%5.4%-0.5%-75.5M2.84B-10.9M2.902.446,55219,019292,075507,369
2019-06-11$103.28$116.0034.6%10.0%36.8%35.1%35.3%5.0%0.4%-75.3M2.75B-10.8M1.212.139,87911,917292,619501,301
2019-06-12$99.44$116.0035.6%10.1%36.9%38.0%35.6%4.8%0.3%-71.7M3.11B-10.0M2.372.0113,26031,363297,855504,151
2019-06-13$101.52$116.0035.3%10.4%37.4%37.1%35.4%4.7%1.1%-74.8M2.94B-10.6M1.752.3919,58834,223303,111513,546
2019-06-14$99.76$116.0035.0%10.1%37.1%36.3%35.5%4.3%0.5%-73.8M3.14B-11.2M1.131.7422,46825,458318,392536,377
2019-06-17$101.72$116.0036.1%10.4%38.1%39.5%37.3%5.0%-1.1%-69.7M2.87B-11.4M1.972.655,63911,095303,525528,038
2019-06-18$104.28$116.0035.3%10.1%39.7%37.0%35.1%4.7%0.0%-64.5M2.59B-11.9M1.952.9614,85228,984307,586531,648
2019-06-19$103.88$112.0034.5%9.9%38.2%34.7%34.9%4.5%0.4%-59.1M2.67B-12.0M1.622.9111,15418,043315,173536,638
2019-06-20$107.28$112.0034.1%9.8%38.7%33.6%35.1%3.4%-0.2%-69.8M2.20B-12.8M0.752.5629,57022,208319,738539,938
2019-06-21$106.64$112.0034.1%9.7%32.1%33.7%35.0%3.6%0.8%-46.7M2.41B-12.7M1.512.859,70014,694315,651541,299
2019-06-24$105.28$112.0034.7%10.1%32.3%35.3%35.2%3.8%0.3%-45.1M1.58B-12.4M1.022.345,3625,478195,143416,446
2019-06-25$104.40$112.0035.5%10.3%32.2%37.9%34.4%4.0%0.3%-47.6M1.68B-12.2M1.443.026,2799,016197,970420,349
2019-06-26$107.64$112.0034.7%10.1%34.1%35.5%36.6%4.3%0.2%-40.2M1.38B-12.7M1.982.9312,57124,837201,995425,756
2019-06-27$106.96$112.0034.7%10.2%32.8%35.4%35.1%4.3%-0.2%-42.6M1.48B-12.6M1.093.428,6419,439205,422431,671
2019-06-28$108.40$112.0033.8%9.7%31.9%32.7%34.5%5.0%0.0%-42.5M1.33B-12.8M1.262.5115,77719,812207,245434,503