XOP Options History — October 2020

In October 2020, XOP traded between $39.84 and $45.44. ATM implied volatility averaged 56.0%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 16.2%. IV traded above realized volatility by 9.8% (HV 20d: 46.3%). Max pain ranged from $45.00 to $52.00. Net GEX was positive for 1 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 0.99.

Notable Days

  • 2020-10-08: Highest Volume — 38,707 contracts
  • 2020-10-28: Largest IV spike — 10.4% change
  • 2020-10-30: Highest IV Rank — 35.8%
  • 2020-10-30: Largest Expected Move — 20.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.09$39.84$45.44$40.50$40.25
Max Pain$47.50$45.00$52.00$45.00$45.00
ATM IV56.0%52.1%66.4%56.5%66.4%
Expected Move16.2%15.1%20.1%15.9%20.1%
HV 20d46.3%41.2%50.6%45.3%47.8%
HV 60d40.5%38.7%42.7%40.4%42.7%
IV Rank30.2%28.0%35.8%30.5%35.8%
IV Percentile65.0%54.0%80.6%68.7%80.6%
Term Structure-0.2%-2.0%4.5%4.5%-0.3%
VWIV57.6%53.1%70.2%55.9%70.2%
Skew 25d2.6%1.6%4.0%2.5%3.6%
Skew 10d3.9%1.4%6.8%3.1%2.9%
Call IV 25d55.5%52.9%65.8%55.4%65.8%
Put IV 25d58.1%54.7%69.5%57.9%69.5%
Bid-Ask Spread %5.493.689.216.729.21
Gamma HHI0.070.050.100.100.07
Net GEX-6.7M-15.6M2.2M-15.6M-5.4M
Net DEX-130.2M-310.6M120.7M120.7M-135.9K
Net VEX-2.7M-3.2M-2.3M-2.6M-3.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.990.282.621.530.59
Total Volume19,562.1363,92938,70723,69915,706
Total OI762,495.818624,110870,975832,959687,510

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-10-01$40.50$45.0056.5%15.9%45.3%30.5%55.9%2.5%4.5%-15.6M120.7M-2.6M1.536.729,38114,318360,938472,021
2020-10-02$41.61$45.0057.0%16.0%47.2%30.7%56.6%2.5%3.8%-14.0M53.3M-2.8M1.115.618,8969,912366,812479,082
2020-10-05$43.48$52.0056.4%16.5%50.6%30.4%59.9%3.8%-0.1%-10.3M-116.1M-2.5M1.063.918,8629,356358,482464,711
2020-10-06$42.67$51.0056.7%16.4%47.6%30.6%58.2%3.4%0.6%-11.4M-72.5M-2.6M0.746.9011,9408,778364,495471,492
2020-10-07$43.58$51.0055.6%15.9%48.3%30.0%59.0%3.6%-0.6%-10.8M-86.8M-2.8M1.613.944,6207,424363,730475,429
2020-10-08$45.44$51.0055.6%15.9%47.0%30.0%56.0%3.1%-0.3%-5.7M-264.7M-2.6M0.425.8027,32711,380363,946479,157
2020-10-09$44.78$48.0053.9%15.3%47.3%29.0%54.3%1.7%-0.1%-6.0M-216.7M-3.0M0.305.8211,4493,392387,334483,641
2020-10-12$45.09$48.0053.5%15.2%46.9%28.8%53.4%1.6%-0.6%-4.7M-238.6M-2.8M0.675.174,8873,264374,921479,302
2020-10-13$43.93$48.0054.0%15.3%47.7%29.1%53.9%1.6%-0.2%-8.7M-155.4M-2.8M1.105.301,8722,057375,460480,022
2020-10-14$44.25$48.0054.3%15.4%43.6%29.2%54.3%2.5%-0.6%-7.3M-205.9M-2.5M1.293.6812,39915,962376,028480,653
2020-10-15$44.88$48.0054.6%15.5%44.0%29.4%54.1%2.8%-0.4%-5.5M-251.8M-2.4M0.634.6812,6657,979376,750487,170
2020-10-16$43.64$48.0053.3%15.1%44.9%28.7%53.1%1.7%-0.8%-4.3M-133.1M-2.6M2.624.124,36611,439380,218485,998
2020-10-19$42.85$48.0053.7%15.3%42.6%28.9%53.9%1.9%-1.0%-4.8M-164.9M-2.3M0.844.138,5077,185274,488349,622
2020-10-20$43.84$48.0053.9%15.4%43.6%29.0%54.4%2.4%-1.7%-3.6M-209.5M-2.3M0.283.9526,9797,482280,584352,513
2020-10-21$42.57$46.0053.8%15.4%41.2%29.0%53.5%2.2%-1.9%-5.8M-94.6M-3.2M0.703.919,6956,759285,580354,369
2020-10-22$44.81$46.0053.0%15.3%45.0%28.5%58.1%2.6%-2.0%-533.6K-296.3M-2.6M0.764.0511,9159,103293,474360,315
2020-10-23$44.86$46.0052.1%15.1%44.8%28.0%54.5%1.9%-1.8%2.2M-310.6M-2.6M1.953.757,26514,173299,915363,506
2020-10-26$42.44$46.0056.6%16.7%47.6%30.5%59.0%2.4%-0.2%-5.3M-169.8M-2.6M1.147.097,2678,250294,656366,575
2020-10-27$42.06$46.0056.4%16.7%46.2%30.4%59.4%2.7%-0.1%-6.6M-77.0M-3.2M0.786.8211,5228,960298,165369,079
2020-10-28$39.84$46.0062.2%19.3%49.9%33.6%67.5%4.0%-0.9%-7.4M36.7M-3.1M0.698.8719,35713,262301,785370,023
2020-10-29$40.55$45.0063.4%19.1%48.8%34.2%67.2%3.1%-0.3%-6.5M-10.6M-3.1M0.967.286,6646,391315,771369,186
2020-10-30$40.25$45.0066.4%20.1%47.8%35.8%70.2%3.6%-0.3%-5.4M-135.9K-3.1M0.599.219,8495,857319,011368,499