XOP Options History — October 2022

In October 2022, XOP traded between $133.19 and $151.94. ATM implied volatility averaged 51.4%, placing in the 51.3% IV rank vs the trailing year. The 30-day expected move averaged 14.8%. IV traded below realized volatility by 2.1% (HV 20d: 53.5%). Max pain ranged from $135.00 to $139.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 1.66.

Notable Days

  • 2022-10-12: Highest Volume — 85,660 contracts
  • 2022-10-21: Largest IV drop — 3.9% change
  • 2022-10-12: Highest IV Rank — 70.6%
  • 2022-10-03: Largest Expected Move — 15.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$143.97$133.19$151.94$133.19$151.94
Max Pain$137.48$135.00$139.00$135.00$139.00
ATM IV51.4%43.3%56.3%54.8%43.3%
Expected Move14.8%12.9%15.9%15.9%12.9%
HV 20d53.5%35.0%60.6%57.8%35.0%
HV 60d48.1%45.1%49.6%48.9%45.1%
IV Rank51.3%19.4%70.6%64.7%19.4%
IV Percentile66.1%19.4%92.5%85.7%19.4%
Term Structure-0.6%-2.1%0.8%-0.3%0.2%
VWIV52.9%44.6%60.5%60.5%44.6%
Skew 25d7.4%5.6%9.0%8.6%5.6%
Skew 10d14.7%11.5%18.0%16.8%11.5%
Call IV 25d47.8%40.7%52.4%50.9%40.7%
Put IV 25d55.2%46.3%60.6%59.6%46.3%
Bid-Ask Spread %7.604.3514.147.354.99
Gamma HHI0.050.040.070.060.06
Net GEX8.0M-20.2M32.3M-3.7M26.0M
Net DEX-938.8M-1.43B-281.4M-281.4M-1.43B
Net VEX-9.8M-10.6M-8.8M-9.9M-8.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.660.722.801.351.57
Total Volume52,646.66727,89785,66059,28350,159
Total OI677,020.714613,508739,582613,508637,146

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-10-03$133.19$135.0054.8%15.9%57.8%64.7%60.5%8.6%-0.3%-3.7M-281.4M-9.9M1.357.3525,21334,070230,136383,372
2022-10-04$139.39$135.0053.9%15.5%60.3%61.3%58.1%8.7%-0.8%3.6M-707.7M-10.0M1.5114.1431,05046,765232,432398,186
2022-10-05$143.07$135.0053.3%15.2%60.6%58.8%55.8%7.9%-0.7%6.8M-974.9M-10.1M1.2112.0632,26339,019238,130412,967
2022-10-06$144.45$135.0053.8%15.1%60.6%60.8%53.4%8.9%-0.6%9.1M-1.09B-10.4M1.3511.6929,86140,203247,248424,493
2022-10-07$142.39$135.0055.0%15.5%59.8%65.3%59.2%8.3%-0.1%2.9M-932.1M-10.6M2.8013.7920,25956,759254,082437,119
2022-10-10$140.05$135.0055.8%15.7%59.9%68.5%55.6%8.2%-1.0%-8.7M-587.4M-10.6M1.658.3115,07824,888250,435445,683
2022-10-11$137.87$135.0055.9%15.8%59.3%69.1%53.4%9.0%-0.6%-15.5M-390.4M-10.5M1.5610.9813,85621,614254,450451,898
2022-10-12$140.20$135.0056.3%15.8%57.9%70.6%55.2%8.1%-1.1%-6.4M-650.9M-10.4M1.137.0940,26345,397258,178449,711
2022-10-13$144.95$139.0054.1%15.3%57.6%62.0%53.4%8.1%-1.1%9.5M-1.04B-10.3M2.108.1618,39438,593259,755452,550
2022-10-14$137.79$139.0055.8%15.9%59.3%68.6%55.1%8.2%-0.6%-20.2M-365.4M-10.4M2.785.5310,41528,914261,099459,556
2022-10-17$141.07$139.0054.2%15.4%59.8%62.5%55.9%7.7%-1.6%-9.7M-657.8M-10.0M1.456.6515,83923,009251,646452,087
2022-10-18$142.09$139.0052.8%15.1%59.7%56.9%52.9%7.4%-2.1%351.0K-824.4M-9.7M1.897.1618,52234,950259,282453,951
2022-10-19$145.21$139.0052.0%14.9%59.3%53.7%53.4%7.0%-2.0%11.9M-1.08B-10.0M1.445.2922,17531,827261,967463,865
2022-10-20$144.14$139.0050.9%14.7%59.1%49.5%50.6%6.7%-1.6%12.0M-1.06B-9.8M0.726.6532,36923,376268,516464,629
2022-10-21$147.48$139.0048.9%14.2%47.3%41.7%52.7%6.3%-1.6%31.5M-1.37B-9.5M1.354.7713,22017,849273,917465,665
2022-10-24$147.78$139.0047.7%14.0%44.8%36.9%50.3%6.8%0.2%16.2M-1.12B-9.3M2.225.628,66619,231234,465379,207
2022-10-25$149.02$139.0046.4%13.7%44.7%31.8%47.6%6.8%0.5%19.0M-1.22B-9.2M2.734.6410,40028,418236,294384,103
2022-10-26$151.72$139.0044.9%13.4%39.8%25.7%48.6%6.1%0.6%25.1M-1.43B-8.9M1.455.1226,14437,806238,281389,779
2022-10-27$150.40$139.0044.6%13.2%39.7%24.7%47.7%5.7%0.6%32.3M-1.32B-9.3M1.165.3121,28824,759250,711399,431
2022-10-28$149.12$139.0044.5%13.2%40.2%24.4%46.2%6.1%0.8%25.5M-1.18B-9.2M1.424.3513,53219,167248,058402,955
2022-10-31$151.94$139.0043.3%12.9%35.0%19.4%44.6%5.6%0.2%26.0M-1.43B-8.8M1.574.9919,53730,622244,693392,453