XOP Options History — October 2024

In October 2024, XOP traded between $130.28 and $141.53. ATM implied volatility averaged 30.6%, placing in the 62.1% IV rank vs the trailing year. The 30-day expected move averaged 9.0%. IV traded above realized volatility by 4.2% (HV 20d: 26.4%). Max pain ranged from $130.00 to $139.00. Net GEX was positive for 17 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.62.

Notable Days

2024-10-01: Highest Volume — 118,639 contracts
2024-10-03: Largest IV spike — 9.5% change
2024-10-07: Highest IV Rank — 83.6%
2024-10-03: Largest Expected Move — 10.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$135.67	$130.28	$141.53	$133.62	$131.33
Max Pain	$136.26	$130.00	$139.00	$130.00	$134.00
ATM IV	30.6%	28.3%	34.8%	29.2%	30.1%
Expected Move	9.0%	8.2%	10.0%	8.8%	9.3%
HV 20d	26.4%	22.2%	30.0%	23.4%	22.2%
HV 60d	26.6%	23.8%	28.1%	25.8%	23.8%
IV Rank	62.1%	50.1%	83.6%	54.9%	59.6%
IV Percentile	93.7%	88.5%	99.6%	90.5%	95.6%
Term Structure	0.1%	-1.4%	3.1%	3.1%	-0.8%
VWIV	31.6%	29.1%	35.1%	31.4%	32.8%
Skew 25d	2.6%	0.7%	7.2%	2.2%	7.2%
Skew 10d	5.3%	1.2%	13.6%	4.4%	3.3%
Call IV 25d	29.4%	24.3%	34.1%	28.6%	24.4%
Put IV 25d	32.0%	29.3%	35.4%	30.8%	31.6%
Bid-Ask Spread %	36.96	16.75	42.61	16.75	42.61
Gamma HHI	0.06	0.04	0.08	0.04	0.07
Net GEX	23.9M	-17.7M	84.9M	-8.6M	-9.1M
Net DEX	-100.2M	-958.5M	571.5M	361.1M	415.5M
Net VEX	-9.8M	-10.9M	-8.8M	-8.8M	-8.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.62	0.14	1.60	0.32	0.38
Total Volume	24,103.609	6,089	118,639	118,639	8,161
Total OI	536,589.609	448,590	591,351	448,590	494,474

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-10-01	$133.62	$130.00	29.2%	8.8%	23.4%	54.9%	31.4%	2.2%	3.1%	-8.6M	361.1M	-8.8M	0.32	16.75	89,575	29,064	168,335	280,255
2024-10-02	$135.31	$131.00	31.1%	9.5%	23.0%	64.9%	33.4%	1.8%	2.4%	29.2M	-150.8M	-10.6M	0.52	19.69	26,121	13,681	246,109	300,192
2024-10-03	$139.65	$135.00	34.1%	10.0%	25.2%	80.4%	35.1%	0.8%	1.4%	54.7M	-759.0M	-10.8M	0.52	38.77	61,027	32,035	257,189	306,144
2024-10-04	$140.60	$135.00	32.5%	9.5%	24.1%	72.0%	33.6%	0.8%	2.0%	70.6M	-958.5M	-10.9M	0.32	39.54	24,950	7,932	275,488	302,308
2024-10-07	$141.53	$135.00	34.8%	9.5%	24.0%	83.6%	33.4%	1.9%	-0.4%	63.9M	-955.8M	-10.6M	0.76	38.48	19,402	14,705	274,818	294,548
2024-10-08	$137.45	$139.00	33.5%	9.6%	26.0%	77.2%	34.2%	0.7%	-0.3%	41.9M	-396.0M	-10.5M	0.87	41.84	9,773	8,481	274,861	293,414
2024-10-09	$137.75	$139.00	32.4%	9.1%	25.9%	71.3%	32.8%	2.7%	-0.6%	48.3M	-430.3M	-10.6M	0.71	35.83	12,329	8,697	279,301	297,548
2024-10-10	$139.44	$139.00	32.1%	9.1%	26.1%	69.8%	32.3%	1.8%	-0.6%	69.0M	-675.5M	-10.5M	0.87	29.27	6,786	5,905	286,231	303,078
2024-10-11	$141.06	$139.00	31.0%	8.9%	26.1%	64.1%	32.0%	1.8%	0.3%	84.9M	-904.0M	-10.3M	0.34	41.53	15,715	5,331	285,714	305,637
2024-10-14	$138.37	$139.00	30.5%	8.8%	27.3%	61.8%	30.6%	2.9%	-0.4%	52.9M	-437.5M	-10.0M	0.33	42.28	12,853	4,191	269,967	303,190
2024-10-15	$133.66	$139.00	30.4%	8.7%	29.9%	61.2%	30.3%	3.2%	-0.6%	4.0M	231.1M	-9.8M	0.87	41.02	9,008	7,847	271,726	305,961
2024-10-16	$134.69	$139.00	29.9%	8.6%	30.0%	58.6%	30.6%	3.0%	-0.6%	16.9M	106.9M	-9.9M	0.84	42.16	3,316	2,773	275,451	308,016
2024-10-17	$135.74	$139.00	29.7%	8.5%	29.5%	57.5%	29.6%	2.9%	-0.4%	29.7M	-40.0M	-9.8M	0.61	41.78	6,159	3,735	276,539	308,486
2024-10-18	$134.92	$139.00	28.8%	8.2%	29.6%	52.9%	29.3%	2.6%	1.4%	-2.9M	80.6M	-9.6M	0.62	42.07	4,925	3,037	278,870	309,930
2024-10-21	$134.44	$138.00	29.2%	8.5%	29.6%	55.0%	31.1%	3.1%	-0.5%	918.2K	197.1M	-9.5M	0.36	36.61	13,315	4,786	200,745	266,224
2024-10-22	$134.53	$135.00	30.0%	8.7%	29.6%	58.8%	31.0%	2.1%	-1.4%	9.1M	127.4M	-9.6M	0.14	37.34	13,647	1,928	212,521	269,030
2024-10-23	$132.96	$135.00	29.8%	8.6%	28.2%	57.6%	30.4%	2.8%	-1.2%	3.6M	282.9M	-9.3M	0.86	35.71	4,931	4,251	223,877	269,677
2024-10-24	$134.36	$135.00	29.4%	8.7%	26.6%	56.1%	30.3%	2.7%	-0.5%	13.1M	140.8M	-9.3M	0.60	36.56	4,247	2,540	225,149	270,796
2024-10-25	$134.49	$135.00	30.1%	9.0%	24.9%	59.5%	31.5%	2.2%	-0.6%	5.7M	122.2M	-9.3M	0.82	38.10	8,688	7,126	225,947	271,236
2024-10-28	$132.38	$135.00	28.4%	8.7%	25.6%	50.9%	30.9%	5.2%	0.1%	-3.2M	366.6M	-8.9M	1.60	38.00	4,302	6,894	220,051	268,365
2024-10-29	$130.28	$135.00	28.3%	8.6%	25.4%	50.1%	29.1%	3.2%	-0.1%	-17.7M	571.5M	-8.8M	0.65	35.54	7,211	4,703	221,420	271,943
2024-10-30	$131.96	$135.00	28.4%	8.9%	25.4%	50.7%	31.2%	3.0%	0.5%	-6.9M	398.3M	-8.9M	0.29	38.51	6,448	1,852	221,908	268,892
2024-10-31	$131.33	$134.00	30.1%	9.3%	22.2%	59.6%	32.8%	7.2%	-0.8%	-9.1M	415.5M	-8.9M	0.38	42.61	5,912	2,249	224,792	269,682