XOP Options History — August 2019

In August 2019, XOP traded between $82.60 and $94.36. ATM implied volatility averaged 39.4%, placing in the 48.7% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded below realized volatility by 3.5% (HV 20d: 42.9%). Max pain ranged from $100.00 to $112.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 1.63.

Notable Days

  • 2019-08-07: Highest Volume — 66,657 contracts
  • 2019-08-05: Largest IV spike — 19.4% change
  • 2019-08-05: Highest IV Rank — 61.9%
  • 2019-08-27: Largest Expected Move — 12.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$87.52$82.60$94.36$94.36$86.08
Max Pain$106.18$100.00$112.00$104.00$100.00
ATM IV39.4%35.9%43.7%36.8%38.7%
Expected Move11.4%10.3%12.4%10.9%11.3%
HV 20d42.9%38.5%48.4%38.8%43.3%
HV 60d36.7%35.8%37.7%36.0%37.7%
IV Rank48.7%38.0%61.9%41.6%45.7%
IV Percentile83.6%71.0%93.3%80.6%80.2%
Term Structure-0.1%-1.3%1.3%-1.0%0.5%
VWIV39.2%35.5%42.6%38.8%37.8%
Skew 25d6.4%4.6%7.9%4.6%6.5%
Skew 10d12.1%9.9%14.5%9.9%11.7%
Call IV 25d36.5%33.3%39.9%34.8%35.9%
Put IV 25d42.9%39.2%47.3%39.4%42.3%
Bid-Ask Spread %2.781.5413.744.211.54
Gamma HHI0.150.110.180.180.11
Net GEX-49.2M-63.0M-37.4M-63.0M-43.9M
Net DEX2.83B2.56B3.06B2.56B2.82B
Net VEX-9.3M-10.7M-8.1M-10.7M-9.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.630.524.872.060.65
Total Volume24,506.5917,46066,65749,45813,336
Total OI749,625.409702,750791,801702,750791,801

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$94.36$104.0036.8%10.9%38.8%41.6%38.8%4.6%-1.0%-63.0M2.56B-10.7M2.064.2116,14233,316225,235477,515
2019-08-02$93.16$104.0036.6%11.1%38.5%40.9%39.1%5.3%-0.7%-61.0M2.67B-10.4M2.222.606,03813,397235,889484,206
2019-08-05$88.92$112.0043.7%12.3%41.1%61.9%41.6%7.9%-0.8%-50.9M2.89B-9.5M4.872.129,72247,347223,162486,628
2019-08-06$87.56$108.0041.4%11.6%41.1%55.1%39.7%7.7%-0.5%-51.3M2.97B-9.1M1.672.0415,09425,280229,245497,025
2019-08-07$88.36$108.0041.2%12.1%39.7%54.4%42.4%6.2%1.3%-51.1M2.85B-9.7M3.5013.7414,82051,837237,741498,698
2019-08-08$89.52$108.0037.6%11.1%40.5%43.7%38.7%5.9%0.7%-55.5M2.82B-10.1M1.272.196,2287,916250,035515,876
2019-08-09$89.80$108.0037.2%10.9%40.1%42.6%38.2%5.5%0.1%-54.7M2.80B-10.1M2.651.734,39411,637251,436516,858
2019-08-12$87.80$108.0040.1%11.6%39.5%50.5%40.5%6.8%0.3%-53.1M2.91B-9.5M1.421.573,0834,377243,248513,466
2019-08-13$88.52$108.0038.0%10.8%39.8%44.4%38.6%5.5%0.0%-55.3M2.88B-9.6M1.562.684,4096,886244,875513,979
2019-08-14$84.04$108.0043.1%12.4%42.0%59.5%41.4%7.4%0.2%-44.8M3.05B-8.5M2.714.357,73821,007246,824514,507
2019-08-15$83.20$108.0042.5%12.3%42.0%57.8%42.6%6.5%0.4%-43.1M3.06B-8.2M0.672.745,7593,881251,276515,233
2019-08-16$86.16$108.0038.8%11.0%44.0%46.7%37.6%6.1%-0.8%-48.8M2.95B-8.9M2.611.598,14021,273254,439514,670
2019-08-19$89.44$108.0036.6%10.5%46.7%40.0%37.2%6.0%-0.2%-53.5M2.61B-9.7M0.522.1510,8035,633219,896495,662
2019-08-20$88.76$108.0038.4%11.0%46.4%45.4%36.7%5.7%-1.3%-50.2M2.63B-9.7M0.541.8223,88012,904226,019496,639
2019-08-21$89.08$104.0035.9%10.3%46.3%38.0%35.5%6.0%0.2%-50.9M2.62B-9.9M0.772.087,3035,653238,790505,292
2019-08-22$87.84$104.0036.3%10.4%45.6%39.1%36.2%5.9%0.2%-48.8M2.72B-9.7M0.851.895,5784,723241,380508,429
2019-08-23$83.44$104.0041.5%11.9%48.4%54.7%40.8%7.4%-0.4%-40.0M2.93B-8.5M1.202.876,4817,782244,225509,628
2019-08-26$83.28$104.0041.9%12.2%48.2%56.0%42.4%7.1%-0.1%-38.9M2.94B-8.3M1.232.134,1735,114243,563509,615
2019-08-27$82.60$104.0042.4%12.4%43.7%57.5%40.3%7.2%-0.5%-37.4M2.99B-8.1M1.431.6810,88915,534246,767512,197
2019-08-28$85.20$104.0040.2%11.7%45.5%50.9%39.7%7.3%0.2%-40.6M2.84B-8.9M0.531.6319,51510,269257,384516,888
2019-08-29$88.24$104.0037.8%11.0%42.7%43.8%36.3%6.0%-0.2%-45.2M2.65B-9.7M0.921.8110,3619,493264,281521,237
2019-08-30$86.08$100.0038.7%11.3%43.3%45.7%37.8%6.5%0.5%-43.9M2.82B-9.0M0.651.548,0655,271267,675524,126