XOP Options History — October 2019

In October 2019, XOP traded between $82.04 and $88.56. ATM implied volatility averaged 37.2%, placing in the 33.8% IV rank vs the trailing year. The 30-day expected move averaged 10.6%. IV traded below realized volatility by 0.4% (HV 20d: 37.7%). Max pain ranged from $84.00 to $96.00. Net GEX was positive for 0 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.91.

Notable Days

  • 2019-10-11: Highest Volume — 66,214 contracts
  • 2019-10-08: Largest IV spike — 8.7% change
  • 2019-10-02: Highest IV Rank — 56.6%
  • 2019-10-02: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$84.57$82.04$88.56$86.20$84.24
Max Pain$87.65$84.00$96.00$92.00$84.00
ATM IV37.2%33.8%42.9%40.8%33.8%
Expected Move10.6%9.6%12.3%11.7%9.7%
HV 20d37.7%28.1%53.0%52.7%30.4%
HV 60d44.0%41.1%45.1%44.8%41.9%
IV Rank33.8%21.6%56.6%50.0%21.6%
IV Percentile64.1%44.0%90.9%84.9%44.0%
Term Structure-0.2%-2.2%1.2%-0.8%1.2%
VWIV37.1%34.1%42.3%38.6%34.1%
Skew 25d3.1%0.4%5.6%5.4%2.5%
Skew 10d5.8%0.7%13.1%9.6%5.0%
Call IV 25d36.0%33.0%40.5%38.0%33.0%
Put IV 25d39.1%34.8%46.1%43.4%35.5%
Bid-Ask Spread %3.181.1915.432.072.43
Gamma HHI0.140.110.310.130.14
Net GEX-24.8M-55.1M-1.9M-33.8M-21.8M
Net DEX1.83B1.17B2.17B2.03B1.77B
Net VEX-9.1M-10.5M-8.1M-9.1M-9.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.153.572.430.93
Total Volume33,107.69614,87266,21426,14820,466
Total OI787,741.87713,865848,201713,865848,201

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-10-01$86.20$92.0040.8%11.7%52.7%50.0%38.6%5.4%-0.8%-33.8M2.03B-9.1M2.432.077,61518,533287,106426,759
2019-10-02$83.64$92.0042.9%12.3%53.0%56.6%41.1%5.6%-0.9%-32.6M2.17B-8.5M3.572.028,76531,268290,749430,676
2019-10-03$84.60$96.0041.7%11.6%52.1%52.0%40.5%5.1%-0.5%-32.6M2.01B-8.8M0.501.7126,46313,361293,259421,122
2019-10-04$84.64$96.0039.1%10.9%52.1%40.1%37.9%5.0%-0.2%-32.5M2.02B-8.8M0.871.3411,91610,380308,726429,797
2019-10-07$84.20$96.0039.3%11.0%48.0%40.8%39.0%4.9%-0.9%-32.3M1.99B-8.5M1.251.1924,99831,151301,824421,465
2019-10-08$82.04$92.0042.8%11.7%48.1%52.4%42.3%5.5%-2.2%-31.7M2.12B-8.4M1.471.3315,36322,520311,181433,225
2019-10-09$82.08$88.0041.2%11.5%48.1%47.0%40.1%4.4%-1.0%-33.0M2.12B-8.5M0.743.369,8417,278319,132441,353
2019-10-10$83.16$88.0039.7%11.3%48.5%41.6%38.3%4.4%-0.4%-31.5M2.02B-8.7M0.151.3918,7202,893326,271440,657
2019-10-11$85.80$88.0038.9%11.2%50.2%39.0%38.1%3.3%-0.2%-1.9M1.73B-9.3M0.2315.4353,65812,556341,299442,125
2019-10-14$83.72$88.0038.5%11.0%31.9%37.5%38.4%3.6%-0.3%-27.9M1.95B-8.8M0.794.7212,1939,577363,024439,410
2019-10-15$84.20$88.0035.8%10.3%28.3%28.4%35.4%3.8%0.1%-28.7M1.92B-8.7M0.933.0914,26313,200366,953444,590
2019-10-16$83.16$88.0035.7%10.2%28.1%28.1%35.2%3.1%0.2%-30.3M2.03B-8.6M0.571.5912,4037,097374,122448,874
2019-10-17$84.04$84.0034.9%10.0%28.5%25.2%35.0%2.7%0.1%-28.0M1.91B-8.7M0.371.7619,7967,292385,044447,530
2019-10-18$82.16$84.0034.3%9.7%29.1%23.0%34.4%2.7%1.1%-55.1M2.11B-8.1M1.611.9216,09525,940396,582450,470
2019-10-21$82.92$84.0034.3%9.8%29.2%23.3%34.4%2.7%-0.7%-29.0M1.91B-8.5M0.261.6033,3988,672322,516430,352
2019-10-22$84.80$84.0034.8%9.9%29.3%25.0%35.1%1.3%-0.2%-20.9M1.67B-9.4M0.456.6534,25815,512348,964432,074
2019-10-23$85.84$84.0035.4%10.1%29.8%26.8%35.9%0.4%-0.7%-13.2M1.51B-10.0M0.401.7819,2517,721370,849437,126
2019-10-24$85.76$84.0034.8%9.9%29.2%25.0%34.9%1.6%-0.8%-12.4M1.51B-9.8M0.381.7110,7984,074379,947437,040
2019-10-25$87.76$84.0034.0%9.6%30.5%22.0%34.7%1.2%-0.8%-9.0M1.27B-10.3M0.532.8918,4479,695385,143439,114
2019-10-28$86.84$84.0034.6%10.1%30.7%24.1%36.1%0.7%0.5%-11.3M1.40B-10.1M0.552.0220,85811,475387,026437,786
2019-10-29$88.56$84.0034.5%10.3%28.3%23.9%38.0%0.7%1.1%-2.7M1.17B-10.5M0.233.0149,48011,572395,707439,741
2019-10-30$84.76$84.0034.7%10.0%30.6%24.5%35.0%1.1%1.2%-18.1M1.66B-9.7M1.618.257,93012,735399,618443,534
2019-10-31$84.24$84.0033.8%9.7%30.4%21.6%34.1%2.5%1.2%-21.8M1.77B-9.3M0.932.4310,5939,873401,291446,910