OXY Options History — July 2007

In July 2007, OXY traded between $54.43 and $61.04. ATM implied volatility averaged 31.3%, placing in the 69.1% IV rank vs the trailing year. The 30-day expected move averaged 9.2%. IV traded above realized volatility by 1.3% (HV 20d: 30.0%). Max pain ranged from $52.78 to $52.78. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.75.

Notable Days

  • 2007-07-13: Highest Volume — 30,738 contracts
  • 2007-07-12: Largest IV spike — 18.4% change
  • 2007-07-31: Highest IV Rank — 96.1%
  • 2007-07-31: Largest Expected Move — 10.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.62$54.43$61.04$56.35$54.43
Max Pain$52.78$52.78$52.78$52.78$52.78
ATM IV31.3%24.9%37.6%25.5%37.6%
Expected Move9.2%7.2%10.8%7.3%10.8%
HV 20d30.0%25.0%35.7%26.1%35.5%
HV 60d25.2%22.7%28.8%23.3%28.8%
IV Rank69.1%35.9%96.1%36.1%96.1%
IV Percentile78.2%26.8%99.3%27.8%99.3%
Term Structure-0.9%-3.3%3.9%3.2%-1.4%
VWIV32.5%24.8%40.6%26.0%40.6%
Skew 25d-0.2%-4.3%1.7%0.2%-4.3%
Skew 10d-0.3%-8.5%4.4%-3.5%-8.5%
Call IV 25d32.8%26.1%42.0%27.0%42.0%
Put IV 25d32.6%26.4%37.7%27.3%37.7%
Bid-Ask Spread %11.635.9817.567.8915.84
Gamma HHI0.190.150.230.200.16
Net GEX8.3M4.7M10.2M8.6M5.6M
Net DEX-429.8M-626.0M-228.0M-374.4M-228.0M
Net VEX-2.5M-2.9M-2.3M-2.4M-2.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.133.200.130.56
Total Volume10,456.0482,22330,73810,5247,767
Total OI331,086.524307,793351,339307,793351,339

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-07-02$56.35$52.7825.5%7.3%26.1%0.0%26.0%0.2%3.2%8.6M-374.4M-2.4M0.137.89N/AN/A9,2841,240140,917166,876
2007-07-03$56.43$52.7826.0%7.5%26.1%0.0%26.0%0.4%3.0%9.3M-392.4M-2.4M0.528.07N/AN/A1,772913144,121167,459
2007-07-05$57.06$52.7825.0%7.2%26.0%36.1%24.8%0.4%3.9%9.8M-416.8M-2.3M0.2513.62N/AN/A8,0381,999145,067168,190
2007-07-06$57.36$52.7824.9%8.3%25.0%35.9%29.3%-0.1%-0.1%9.8M-437.2M-2.3M0.5910.79N/AN/A1,401822146,916169,175
2007-07-09$58.20$52.7825.9%8.5%25.4%40.7%30.2%-0.3%-0.9%10.1M-483.4M-2.3M0.335.98N/AN/A11,6863,906147,190169,592
2007-07-10$57.38$52.7826.7%8.8%26.1%44.3%30.8%-1.8%-1.4%9.8M-438.8M-2.3M0.407.41N/AN/A5,3492,163148,341172,392
2007-07-11$57.30$52.7826.0%8.8%25.9%41.2%31.4%-0.9%-1.1%10.0M-434.3M-2.4M1.0413.83N/AN/A5,9036,115151,101172,827
2007-07-12$59.26$52.7830.8%8.8%27.6%64.0%31.0%0.4%-0.7%10.2M-539.9M-2.5M0.597.48N/AN/A3,0071,788154,432178,074
2007-07-13$61.04$52.7832.8%9.4%28.7%73.4%33.2%1.1%-2.2%9.5M-626.0M-2.4M0.556.24N/AN/A19,87310,865154,286178,040
2007-07-16$59.06$52.7835.2%10.1%31.4%84.5%35.1%0.5%-2.9%9.8M-516.2M-2.5M0.8613.05N/AN/A9,8318,413156,789181,903
2007-07-17$57.84$52.7834.4%9.9%32.4%81.1%35.0%-1.7%-2.3%10.0M-467.2M-2.7M0.5912.18N/AN/A2,4751,469160,448184,837
2007-07-18$59.43$52.7835.7%10.2%33.7%86.8%35.6%1.2%-3.0%9.5M-546.4M-2.6M0.3013.24N/AN/A4,9661,472160,810185,080
2007-07-19$59.73$52.7835.7%10.2%30.8%87.2%37.9%0.4%-3.3%9.2M-563.9M-2.6M0.6713.67N/AN/A4,4823,018161,154185,341
2007-07-20$59.60$52.7835.1%10.1%29.9%84.1%35.4%0.5%-2.8%7.4M-564.8M-2.6M3.206.57N/AN/A1,6125,165161,243185,684
2007-07-23$58.90$52.7833.2%9.5%30.3%75.0%33.6%-1.1%-2.2%6.9M-447.5M-2.6M1.319.41N/AN/A3,6704,790144,250179,811
2007-07-24$56.79$52.7830.1%8.6%32.6%60.7%30.0%1.2%-0.3%6.3M-358.7M-2.6M1.1414.84N/AN/A7,1968,172144,880181,499
2007-07-25$58.27$52.7830.0%8.6%31.1%60.2%29.9%1.7%-0.2%6.2M-415.6M-2.6M0.4612.91N/AN/A5,9892,773145,733186,508
2007-07-26$55.83$52.7834.4%9.8%34.9%80.6%34.3%-0.5%-1.0%5.5M-299.5M-2.8M0.9617.56N/AN/A6,5556,293147,835187,085
2007-07-27$54.61$52.7836.0%10.3%35.7%88.3%36.0%-0.7%-1.4%4.7M-228.1M-2.9M1.2516.14N/AN/A4,3435,417149,963190,696
2007-07-30$55.10$52.7837.0%10.6%35.7%93.2%37.1%-0.0%-2.1%5.0M-247.1M-2.9M0.1417.44N/AN/A15,3932,192152,148192,785
2007-07-31$54.43$52.7837.6%10.8%35.5%96.1%40.6%-4.3%-1.4%5.6M-228.0M-2.9M0.5615.84N/AN/A4,9942,773158,233193,106