XOP Options History — October 2021

In October 2021, XOP traded between $99.33 and $110.77. ATM implied volatility averaged 43.9%, placing in the 21.2% IV rank vs the trailing year. The 30-day expected move averaged 12.6%. IV traded above realized volatility by 6.3% (HV 20d: 37.6%). Max pain ranged from $86.50 to $100.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 1.64.

Notable Days

  • 2021-10-11: Highest Volume — 190,047 contracts
  • 2021-10-14: Largest IV drop — 5.3% change
  • 2021-10-06: Highest IV Rank — 38.2%
  • 2021-10-01: Largest Expected Move — 13.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$105.30$99.33$110.77$99.33$106.45
Max Pain$96.50$86.50$100.00$86.50$100.00
ATM IV43.9%40.8%48.8%47.7%41.1%
Expected Move12.6%11.7%13.8%13.8%12.2%
HV 20d37.6%24.7%47.0%45.7%29.4%
HV 60d41.5%39.0%45.3%45.1%39.1%
IV Rank21.2%10.4%38.2%34.6%11.7%
IV Percentile31.5%12.7%57.1%50.0%15.9%
Term Structure-0.4%-4.5%1.1%-0.4%0.8%
VWIV45.3%41.3%49.5%49.5%44.0%
Skew 25d1.1%-0.2%4.7%3.2%1.0%
Skew 10d2.7%-0.2%8.0%6.9%0.8%
Call IV 25d44.6%41.6%49.3%46.8%41.6%
Put IV 25d45.7%42.0%53.5%50.0%42.6%
Bid-Ask Spread %11.005.8419.2010.9211.55
Gamma HHI0.080.070.140.090.08
Net GEX33.2M16.1M62.7M30.0M23.8M
Net DEX-2.20B-2.67B-1.74B-1.97B-1.91B
Net VEX-11.2M-12.3M-10.0M-12.0M-10.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.640.368.381.052.23
Total Volume65,526.8125,901190,04732,76264,934
Total OI1,199,306.4761,058,8981,278,5951,127,4311,268,498

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-10-01$99.33$86.5047.7%13.8%45.7%34.6%49.5%3.2%-0.4%30.0M-1.97B-12.0M1.0510.9215,97116,791428,197699,234
2021-10-04$101.69$90.0047.9%13.7%45.8%35.4%48.1%4.7%-0.0%24.2M-2.18B-11.4M0.469.8760,90128,029418,419706,089
2021-10-05$102.56$90.0047.8%13.4%45.7%34.9%47.7%2.7%-0.6%27.7M-2.30B-11.4M0.558.5728,25615,474422,816716,361
2021-10-06$100.06$95.0048.8%13.7%46.6%38.2%49.1%2.7%-0.6%24.1M-1.99B-12.3M1.058.1924,19325,334455,518753,005
2021-10-07$102.80$95.0046.4%13.2%47.0%29.9%46.8%2.0%-0.9%37.4M-2.19B-11.9M0.4415.0139,88017,717444,400720,598
2021-10-08$105.49$95.0047.1%13.3%46.6%32.4%47.3%2.0%-0.3%62.7M-2.61B-11.2M0.3612.2962,29422,301449,051734,764
2021-10-11$105.38$95.0046.6%13.2%45.7%30.7%47.7%1.3%-0.3%42.2M-2.56B-11.4M8.3813.1820,271169,776455,512714,977
2021-10-12$104.33$95.0046.2%13.1%44.3%29.2%46.8%1.2%-0.1%44.9M-2.48B-11.5M2.3510.3214,38433,778477,657726,659
2021-10-13$104.35$95.0044.1%12.7%40.3%22.0%45.1%1.3%0.1%40.3M-2.37B-11.7M1.027.8422,00422,381477,466756,421
2021-10-14$105.70$97.0041.8%12.0%39.8%13.9%42.7%0.1%0.4%47.5M-2.61B-11.2M0.8419.2014,04611,855484,642779,580
2021-10-15$105.88$97.0040.8%11.7%39.1%10.4%42.8%0.3%0.3%55.6M-2.67B-11.1M0.8918.1323,92421,380484,601793,994
2021-10-18$105.62$98.0040.8%11.7%33.4%10.4%42.2%0.6%-4.5%26.8M-1.74B-10.8M1.535.8416,67425,544382,682676,216
2021-10-19$106.51$98.0040.9%11.7%33.4%10.7%41.3%0.6%-1.2%29.6M-1.85B-10.7M0.908.3927,03324,229392,581688,422
2021-10-20$107.85$100.0040.9%11.7%32.0%10.7%41.6%-0.1%-1.2%32.5M-2.22B-11.3M0.9611.3728,96527,773426,313803,310
2021-10-21$105.54$100.0042.5%12.3%31.8%16.5%44.6%0.3%-1.6%19.0M-1.90B-11.3M2.067.9718,44338,079422,308808,545
2021-10-22$107.36$100.0042.2%12.2%32.0%15.3%44.9%-0.1%-1.2%25.3M-2.07B-10.8M1.509.8322,91434,458409,866819,487
2021-10-25$110.77$100.0041.8%12.4%25.5%14.0%44.4%0.2%1.1%31.5M-2.42B-10.0M0.845.9758,35149,285397,396805,432
2021-10-26$110.74$100.0041.5%12.3%24.7%12.8%44.2%-0.2%0.8%34.0M-2.44B-10.3M1.969.7125,58050,108417,060825,727
2021-10-27$106.13$100.0042.5%12.6%30.0%16.5%45.7%0.2%0.6%16.1M-1.84B-11.1M1.779.9130,79154,655429,388839,753
2021-10-28$106.85$100.0042.0%12.5%29.9%14.7%45.1%0.1%0.8%22.0M-1.96B-10.6M3.2716.9215,75151,556430,952841,539
2021-10-29$106.45$100.0041.1%12.2%29.4%11.7%44.0%1.0%0.8%23.8M-1.91B-10.7M2.2311.5520,11744,817436,392832,106