OXY Options History — November 2007

In November 2007, OXY traded between $63.32 and $70.72. ATM implied volatility averaged 40.5%, placing in the 68.7% IV rank vs the trailing year. The 30-day expected move averaged 11.3%. IV traded below realized volatility by 6.6% (HV 20d: 47.1%). Max pain ranged from $57.58 to $62.38. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.72.

Notable Days

  • 2007-11-06: Highest Volume — 22,143 contracts
  • 2007-11-12: Largest IV spike — 41.2% change
  • 2007-11-12: Highest IV Rank — 100.0%
  • 2007-11-12: Largest Expected Move — 12.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$66.75$63.32$70.72$64.07$66.96
Max Pain$61.92$57.58$62.38$57.58$62.38
ATM IV40.5%35.4%54.8%39.4%39.4%
Expected Move11.3%10.0%12.6%11.3%11.3%
HV 20d47.1%39.7%51.9%39.7%45.9%
HV 60d35.6%31.8%38.1%32.2%38.0%
IV Rank68.7%51.5%100.0%81.3%58.8%
IV Percentile94.4%86.9%100.0%95.7%91.3%
Term Structure-0.0%-2.6%1.6%-2.6%-0.7%
VWIV39.6%35.4%45.5%38.6%37.5%
Skew 25d3.0%1.0%5.8%1.0%5.8%
Skew 10d5.4%0.0%10.3%0.2%9.6%
Call IV 25d38.2%33.8%43.0%38.6%36.5%
Put IV 25d41.2%36.6%46.2%39.6%42.3%
Bid-Ask Spread %15.687.8620.467.8612.14
Gamma HHI0.250.210.310.210.23
Net GEX14.1M10.2M17.8M12.0M16.1M
Net DEX-716.1M-1.02B-527.7M-597.3M-708.4M
Net VEX-3.8M-4.1M-3.4M-3.7M-4.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.032.192.040.14
Total Volume12,031.3333,56022,14316,79810,120
Total OI419,919.762382,199455,719414,405414,532

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2007-11-01$64.07$57.5839.4%11.3%39.7%81.3%38.6%1.0%-2.6%12.0M-597.3M-3.7M2.047.86N/AN/A5,52111,277210,331204,074
2007-11-02$65.97$57.5835.5%10.2%40.9%67.0%35.4%3.4%0.8%13.4M-702.1M-3.7M0.459.20N/AN/A5,4222,459209,665209,025
2007-11-05$67.89$62.3838.0%10.6%41.2%76.0%36.8%1.9%-0.1%15.4M-837.8M-3.5M0.8017.00N/AN/A4,3693,485212,338209,315
2007-11-06$70.72$62.3835.4%10.0%42.5%66.7%35.4%2.8%0.2%15.6M-1.02B-3.4M0.3016.78N/AN/A17,0615,082212,862211,470
2007-11-07$68.02$62.3838.5%10.8%45.3%77.9%38.6%1.6%-0.2%15.3M-838.6M-3.6M1.0116.38N/AN/A10,51310,587215,633212,045
2007-11-08$69.02$62.3839.5%11.0%45.4%81.8%37.3%2.6%0.1%16.1M-896.6M-3.7M0.1617.69N/AN/A17,1322,794219,586213,057
2007-11-09$67.93$62.3838.8%11.2%45.4%79.1%39.0%2.2%-0.1%17.8M-852.1M-3.7M0.8812.13N/AN/A2,5912,281226,809213,533
2007-11-12$64.52$62.3854.8%12.6%49.1%100.0%43.8%2.8%-1.1%13.6M-609.8M-3.8M0.7413.53N/AN/A8,5626,344226,901214,029
2007-11-13$65.45$62.3843.4%11.0%48.7%69.5%39.7%3.7%0.9%16.8M-674.9M-3.7M0.9720.26N/AN/A11,15110,856228,614216,948
2007-11-14$65.51$62.3844.1%11.3%48.5%71.4%39.3%1.4%0.2%16.7M-696.9M-3.9M0.4417.01N/AN/A3,1761,386232,093223,556
2007-11-15$63.32$62.3841.1%11.8%49.8%63.3%41.1%3.8%-0.0%10.8M-527.7M-3.9M0.6720.46N/AN/A7,5015,002228,958224,008
2007-11-16$65.74$62.3838.2%11.0%48.5%55.8%38.0%4.2%1.0%12.6M-666.4M-3.9M0.1919.32N/AN/A8,0561,558230,017225,702
2007-11-19$65.27$62.3839.1%11.2%47.8%58.1%39.2%2.5%0.9%10.2M-556.5M-3.9M0.2414.89N/AN/A2,873687194,587187,612
2007-11-20$68.43$62.3836.6%10.5%49.9%51.5%36.3%3.2%1.6%13.2M-716.1M-3.8M0.4515.25N/AN/A7,2643,247195,608187,825
2007-11-21$67.45$62.3839.3%11.3%50.1%58.6%40.5%1.1%1.2%12.5M-684.9M-3.9M0.3920.04N/AN/A7,5142,934199,570189,432
2007-11-23$69.19$62.3840.0%11.5%50.5%60.5%40.4%2.7%0.4%13.7M-764.5M-3.8M0.0319.29N/AN/A13,431339201,545189,749
2007-11-26$66.48$62.3843.4%12.5%51.8%69.6%43.5%1.8%-1.3%12.7M-656.1M-4.0M1.0218.57N/AN/A3,9704,034212,979189,877
2007-11-27$65.76$62.3842.9%12.3%51.9%68.2%44.3%3.5%0.2%12.2M-619.1M-4.0M2.1911.07N/AN/A3,5927,871214,096191,477
2007-11-28$66.98$62.3842.2%12.1%49.0%66.4%45.5%5.8%-1.3%14.0M-688.4M-4.0M1.7614.04N/AN/A4,2237,448214,651190,162
2007-11-29$67.16$62.3840.6%11.6%47.6%62.1%41.2%5.5%-0.4%15.2M-727.6M-4.1M0.3516.32N/AN/A6,6142,331223,128190,916
2007-11-30$66.96$62.3839.4%11.3%45.9%58.8%37.5%5.8%-0.7%16.1M-708.4M-4.1M0.1412.14N/AN/A8,9021,218226,168188,364