OXY Options History — October 2007

In October 2007, OXY traded between $61.52 and $67.92. ATM implied volatility averaged 33.5%, placing in the 59.5% IV rank vs the trailing year. The 30-day expected move averaged 9.6%. IV traded above realized volatility by 3.5% (HV 20d: 30.0%). Max pain ranged from $57.58 to $57.58. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 3 of 23 days. Put/call ratio averaged 0.59.

Notable Days

  • 2007-10-31: Highest Volume — 37,912 contracts
  • 2007-10-24: Largest IV drop — 14.4% change
  • 2007-10-19: Highest IV Rank — 71.8%
  • 2007-10-19: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$64.93$61.52$67.92$63.48$66.27
Max Pain$57.58$57.58$57.58$57.58$57.58
ATM IV33.5%29.3%36.8%32.6%34.8%
Expected Move9.6%8.9%10.6%9.3%10.0%
HV 20d30.0%25.1%38.5%25.2%38.5%
HV 60d30.3%28.8%31.8%31.3%31.4%
IV Rank59.5%44.0%71.8%56.3%64.3%
IV Percentile80.9%55.4%92.5%80.2%86.1%
Term Structure-1.4%-3.2%1.6%-0.8%-0.0%
VWIV33.5%30.4%36.6%32.1%35.5%
Skew 25d2.3%-1.9%4.1%3.2%1.6%
Skew 10d5.7%-4.0%14.2%6.5%4.5%
Call IV 25d32.5%29.7%36.0%31.1%35.1%
Put IV 25d34.9%31.8%38.0%34.2%36.7%
Bid-Ask Spread %9.634.6114.564.6110.19
Gamma HHI0.240.170.320.260.21
Net GEX10.7M7.4M12.8M8.3M11.8M
Net DEX-688.6M-893.8M-507.9M-618.3M-709.4M
Net VEX-3.0M-3.3M-2.7M-2.7M-3.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.201.560.200.47
Total Volume13,425.8264,53837,91212,82537,912
Total OI357,961.261327,440384,893327,440384,893

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-10-01$63.48$57.5832.6%9.3%25.2%56.3%32.1%3.2%-0.8%8.3M-618.3M-2.7M0.204.61N/AN/A10,6622,163154,213173,227
2007-10-02$62.63$57.5832.8%9.4%25.5%57.0%32.3%1.7%-1.2%9.6M-584.4M-2.9M0.438.22N/AN/A6,6462,854160,496173,568
2007-10-03$61.52$57.5833.0%9.5%26.9%57.6%32.7%-1.9%-1.8%10.0M-536.4M-3.0M0.478.63N/AN/A3,8631,804164,665174,413
2007-10-04$63.18$57.5832.7%9.4%27.9%56.6%32.0%1.1%-1.2%11.1M-623.9M-2.9M1.015.81N/AN/A2,9322,970166,937175,030
2007-10-05$63.73$57.5832.0%8.9%27.8%54.1%30.4%2.6%-2.4%11.5M-663.3M-2.8M0.8111.13N/AN/A2,5392,060168,061175,977
2007-10-08$62.54$57.5834.1%9.0%28.9%61.9%31.3%2.0%-1.8%10.7M-579.2M-2.9M0.6810.42N/AN/A2,6951,843166,543176,719
2007-10-09$64.20$57.5829.3%9.1%29.4%44.0%30.8%3.1%-2.8%11.9M-681.8M-2.7M0.7511.26N/AN/A7,9915,982168,194177,394
2007-10-10$64.48$57.5830.1%9.2%29.1%46.8%31.4%2.7%-2.3%11.7M-689.8M-2.7M0.3311.18N/AN/A4,5491,497171,666181,090
2007-10-11$65.03$57.5832.6%9.3%28.6%56.3%34.2%2.2%-1.9%11.5M-720.7M-2.8M0.4111.37N/AN/A11,7114,836171,318180,631
2007-10-12$66.42$57.5832.5%9.3%28.1%55.9%33.0%2.6%-2.2%11.7M-797.3M-2.7M0.637.43N/AN/A9,5295,966174,224181,364
2007-10-15$66.33$57.5834.5%9.9%28.1%63.4%35.1%2.6%-2.9%11.7M-796.6M-2.7M0.5412.10N/AN/A15,3738,261177,017183,039
2007-10-16$67.79$57.5835.2%10.1%25.1%65.8%36.1%4.1%-2.5%11.9M-893.8M-2.9M0.7811.76N/AN/A9,1847,121186,714188,509
2007-10-17$66.98$57.5835.0%10.0%25.8%65.1%35.2%3.3%-2.6%11.7M-840.0M-2.9M0.385.19N/AN/A7,9423,044186,728193,104
2007-10-18$67.31$57.5834.7%10.0%25.5%64.0%34.3%3.8%-2.2%12.8M-852.2M-3.0M0.407.60N/AN/A3,5311,400187,480194,387
2007-10-19$64.02$57.5836.8%10.6%32.0%71.8%36.6%1.4%-3.2%8.4M-680.8M-3.2M0.7613.60N/AN/A8,7436,649188,573194,805
2007-10-22$62.57$57.5836.1%10.3%32.9%69.1%36.1%1.7%-1.7%7.4M-507.9M-3.2M0.608.70N/AN/A7,4294,421167,491182,602
2007-10-23$64.06$57.5836.4%10.4%33.4%70.1%35.4%2.6%-1.8%8.8M-575.2M-3.2M0.8612.22N/AN/A7,7046,619170,430183,964
2007-10-24$65.10$57.5831.1%8.9%33.5%50.7%32.3%3.8%1.2%9.8M-630.6M-3.2M0.4414.56N/AN/A8,6843,803172,526186,582
2007-10-25$66.27$57.5832.5%9.3%33.7%55.8%33.1%3.6%0.7%10.9M-718.3M-3.1M1.567.73N/AN/A4,3216,751176,981187,625
2007-10-26$67.92$57.5831.8%9.1%34.2%53.3%31.8%2.3%1.6%11.0M-787.2M-3.0M0.2514.16N/AN/A13,8963,477175,563188,354
2007-10-29$67.40$57.5833.0%9.5%32.9%57.7%33.2%2.0%-0.3%12.0M-764.1M-3.0M0.215.42N/AN/A10,3592,133179,826189,180
2007-10-30$64.11$57.5836.4%10.4%37.6%70.2%36.4%2.1%-0.6%9.8M-586.0M-3.3M0.678.21N/AN/A14,91210,033181,170189,836
2007-10-31$66.27$57.5834.8%10.0%38.5%64.3%35.5%1.6%-0.0%11.8M-709.4M-3.3M0.4710.19N/AN/A25,79212,120188,878196,015