OXY Options History — February 2007

In February 2007, OXY traded between $44.14 and $46.31. ATM implied volatility averaged 27.4%. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 2.5% (HV 20d: 24.9%). Max pain ranged from $38.39 to $43.19. Net GEX was positive for 15 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 1.54.

Notable Days

  • 2007-02-16: Highest Volume — 51,203 contracts
  • 2007-02-21: Largest IV spike — 19.6% change
  • 2007-02-21: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.21$44.14$46.31$44.91$44.26
Max Pain$41.17$38.39$43.19$43.19$43.19
ATM IV27.4%23.7%31.4%27.2%27.4%
Expected Move8.0%7.4%9.0%7.8%7.9%
HV 20d24.9%19.1%30.3%30.3%22.7%
Term Structure-0.0%-2.2%2.6%1.6%2.6%
VWIV27.8%24.8%30.7%28.2%28.3%
Skew 25d-1.0%-7.3%3.1%2.4%-7.3%
Skew 10d-3.3%-16.3%9.9%7.5%-13.3%
Call IV 25d28.1%24.3%33.9%26.7%32.0%
Put IV 25d27.1%24.7%29.1%29.1%24.7%
Bid-Ask Spread %8.593.6914.496.525.81
Gamma HHI0.200.140.410.140.24
Net GEX1.4M-2.5M12.8M1.1M-2.5M
Net DEX-38.1M-95.2M28.9M-40.8M28.9M
Net VEX-1.9M-2.3M-1.7M-1.8M-2.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.540.166.540.560.38
Total Volume15,241.1584,19151,2034,7837,611
Total OI256,580.842237,422274,976237,422270,292

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-02-01$44.91$43.1927.2%7.8%30.3%0.0%28.2%2.4%1.6%1.1M-40.8M-1.8M0.566.52N/AN/A3,0671,71692,430144,992
2007-02-02$45.38$38.3926.0%8.2%29.4%0.0%29.2%2.5%-0.6%1.8M-60.0M-1.8M2.4514.49N/AN/A2,6166,41793,604145,797
2007-02-05$44.78$38.3925.8%8.2%29.8%0.0%28.0%2.3%-0.3%524.9K-24.8M-1.8M0.167.74N/AN/A7,9641,24793,814149,934
2007-02-06$44.77$38.3925.0%8.0%29.7%0.0%27.7%3.1%0.0%2.2M-38.2M-1.8M6.547.48N/AN/A1,70111,12197,370150,058
2007-02-07$44.75$43.1923.7%7.8%26.0%0.0%25.5%2.4%0.3%151.5K-28.1M-1.7M3.6312.88N/AN/A2,81410,21292,650150,328
2007-02-08$45.33$38.3927.3%7.8%25.5%0.0%26.7%2.8%0.5%1.2M-48.9M-1.8M0.5913.29N/AN/A3,5082,08593,730153,502
2007-02-09$44.64$38.3926.3%7.5%26.4%0.0%26.2%2.7%0.3%243.0K-26.5M-1.7M2.265.83N/AN/A4,2409,59994,794154,731
2007-02-12$44.14$38.3925.8%7.4%25.0%0.0%24.8%2.2%0.6%-1.3M-1.4M-1.7M0.7614.30N/AN/A4,5173,45495,803156,665
2007-02-13$44.72$38.3925.9%7.4%24.0%0.0%25.4%2.2%0.6%495.0K-29.2M-1.7M4.604.20N/AN/A2,84513,09297,727157,461
2007-02-14$46.16$38.3929.4%8.4%26.0%0.0%29.8%-3.0%-1.5%3.0M-93.1M-1.7M0.175.86N/AN/A40,1266,62498,336153,609
2007-02-15$45.70$43.1928.6%8.2%26.0%0.0%28.1%-1.6%-1.1%5.4M-95.2M-1.9M0.857.28N/AN/A10,2398,725117,330157,214
2007-02-16$45.60$43.1929.7%8.5%24.9%0.0%29.1%-3.4%-0.4%12.8M-85.4M-1.8M1.708.94N/AN/A18,95532,248116,320154,300
2007-02-20$45.25$43.1926.3%7.5%23.6%0.0%27.9%-1.8%0.3%-876.8K-8.0M-2.1M0.273.69N/AN/A4,6851,27993,844156,280
2007-02-21$45.84$43.1931.4%9.0%21.9%0.0%29.6%-6.0%-2.0%212.2K-31.1M-2.2M0.176.43N/AN/A25,3594,24296,676156,978
2007-02-22$46.07$43.1930.2%8.6%20.4%0.0%29.6%-5.1%-2.2%1.6M-56.8M-2.3M1.419.00N/AN/A5,6217,922108,128159,207
2007-02-23$46.31$43.1927.1%7.8%19.1%0.0%26.6%-3.7%0.6%1.6M-59.9M-2.3M1.139.07N/AN/A5,3686,053107,156164,956
2007-02-26$46.01$43.1928.8%8.2%19.4%0.0%26.7%-3.7%-1.2%679.8K-47.1M-2.3M0.266.58N/AN/A3,330861108,396165,648
2007-02-27$44.42$43.1929.2%8.4%23.2%0.0%30.7%-6.7%1.9%-2.0M21.7M-2.3M1.3213.84N/AN/A3,4984,621109,382165,594
2007-02-28$44.26$43.1927.4%7.9%22.7%0.0%28.3%-7.3%2.6%-2.5M28.9M-2.3M0.385.81N/AN/A5,5272,084108,080162,212