XOP Options History — June 2024

In June 2024, XOP traded between $142.75 and $149.20. ATM implied volatility averaged 20.6%, placing in the 12.5% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded below realized volatility by 1.8% (HV 20d: 22.3%). Max pain ranged from $143.00 to $147.00. Net GEX was positive for 7 of 19 trading days. Term structure was in contango for 15 of 19 days. Put/call ratio averaged 1.10.

Notable Days

  • 2024-06-04: Highest Volume — 65,581 contracts
  • 2024-06-14: Largest IV spike — 18.6% change
  • 2024-06-17: Highest IV Rank — 24.4%
  • 2024-06-04: Largest Expected Move — 6.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$145.55$142.75$149.20$147.01$145.59
Max Pain$145.84$143.00$147.00$147.00$145.00
ATM IV20.6%18.7%22.3%22.1%20.3%
Expected Move5.9%5.4%6.6%6.6%5.5%
HV 20d22.3%21.0%24.8%21.7%22.7%
HV 60d19.7%19.0%20.5%19.3%19.9%
IV Rank12.5%0.0%24.4%20.3%11.0%
IV Percentile9.1%0.4%19.8%13.1%11.5%
Term Structure0.0%-3.3%2.0%0.6%0.6%
VWIV20.8%18.9%23.7%23.3%19.3%
Skew 25d2.0%-0.4%6.0%6.0%1.4%
Skew 10d4.0%-2.2%6.5%4.6%-2.2%
Call IV 25d19.8%17.4%21.6%17.4%19.6%
Put IV 25d21.8%19.9%24.5%23.4%21.1%
Bid-Ask Spread %42.8629.9051.3740.2645.67
Gamma HHI0.070.040.150.050.06
Net GEX-22.3M-58.0M20.0M-30.8M20.0M
Net DEX77.3M-336.3M474.7M56.4M-87.7M
Net VEX-6.4M-7.0M-5.8M-6.5M-6.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.175.151.530.85
Total Volume19,311.7379,87765,58138,47415,351
Total OI391,471.368268,152445,569385,845301,876

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$147.01$147.0022.1%6.6%21.7%20.3%23.3%6.0%0.6%-30.8M56.4M-6.5M1.5340.2615,23523,239173,832212,013
2024-06-04$144.94$147.0022.2%6.6%21.1%22.7%23.7%2.4%0.3%-48.6M315.8M-6.7M1.9640.7422,13543,446181,262224,902
2024-06-05$145.50$147.0021.5%6.4%21.2%19.3%21.9%5.0%-2.1%-58.0M235.0M-7.0M2.0540.734,89210,021197,980242,062
2024-06-06$146.39$146.0021.0%6.1%21.3%15.8%20.7%2.1%0.1%-46.8M113.3M-7.0M0.4729.9013,0256,138199,245237,459
2024-06-07$145.88$146.0019.7%5.9%21.0%7.1%20.6%2.1%-1.5%-42.0M155.0M-6.8M5.1532.573,59118,508207,580237,989
2024-06-10$148.79$146.0020.3%5.8%21.5%11.0%20.5%0.3%-0.3%-3.5M-291.5M-6.5M0.7747.438,4066,446200,901224,677
2024-06-11$149.20$146.0019.5%5.9%21.5%5.6%20.8%2.2%0.6%5.8M-336.3M-6.6M0.7447.105,6664,211206,257226,317
2024-06-12$147.06$146.0019.9%5.7%22.0%8.2%19.9%-0.4%0.4%-30.6M-41.6M-6.3M0.4951.378,6244,196205,836228,858
2024-06-13$145.26$147.0018.7%5.8%22.3%0.0%20.8%3.0%0.4%-52.9M227.2M-6.3M0.9945.249,8069,682205,731231,004
2024-06-14$142.84$147.0022.1%6.1%22.9%23.4%20.9%1.9%-3.3%-50.2M474.7M-6.2M0.5643.5110,7486,073210,163229,778
2024-06-17$142.75$147.0022.3%6.4%22.0%24.4%22.6%2.9%0.3%-43.6M389.1M-6.3M0.1744.0612,7402,168206,607219,995
2024-06-18$142.84$143.0021.4%6.2%22.0%18.3%21.4%2.5%0.4%-34.1M341.4M-6.3M0.5944.336,4583,798215,117219,307
2024-06-20$144.64$143.0020.9%5.8%22.7%15.3%21.0%1.4%2.0%-46.2M60.9M-6.1M0.1947.669,4381,759215,323218,891
2024-06-21$143.01$145.0019.7%5.7%22.2%7.1%20.2%0.7%0.4%7.8M348.0M-5.9M1.4150.635,3167,511214,798217,953
2024-06-24$147.39$145.0019.1%5.4%24.7%3.1%18.9%-0.2%0.6%12.9M-202.3M-5.8M0.3042.6915,4324,605121,789146,363
2024-06-25$146.38$146.0019.8%5.6%24.8%7.6%19.6%0.0%0.4%11.0M-160.2M-5.9M1.2434.717,5919,439127,841148,668
2024-06-26$144.91$146.0020.0%5.6%23.7%8.7%19.8%1.8%0.4%3.2M-63.6M-6.1M0.7442.879,3306,882131,488155,022
2024-06-27$145.12$146.0020.1%5.6%22.7%9.4%19.5%3.4%0.4%3.8M-64.8M-6.2M0.6742.848,9766,041133,137159,935
2024-06-28$145.59$145.0020.3%5.5%22.7%11.0%19.3%1.4%0.6%20.0M-87.7M-6.3M0.8545.678,2817,070137,858164,018