OXY Options History — October 2008

In October 2008, OXY traded between $40.38 and $64.70. ATM implied volatility averaged 105.0%, placing in the 72.5% IV rank vs the trailing year. The 30-day expected move averaged 27.9%. IV traded below realized volatility by 28.5% (HV 20d: 133.5%). Max pain ranged from $57.58 to $76.78. Net GEX was positive for 11 of 23 trading days. Term structure was in contango for 0 of 23 days. Put/call ratio averaged 0.75.

Notable Days

  • 2008-10-28: Highest Volume — 53,559 contracts
  • 2008-10-15: Largest IV spike — 30.0% change
  • 2008-10-02: Highest IV Rank — 100.0%
  • 2008-10-10: Largest Expected Move — 35.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$49.43$40.38$64.70$64.70$53.30
Max Pain$65.09$57.58$76.78$67.18$57.58
ATM IV105.0%74.0%151.9%74.0%85.4%
Expected Move27.9%21.2%35.7%21.2%24.5%
HV 20d133.5%100.2%159.8%100.2%159.8%
HV 60d90.8%69.2%110.7%69.2%110.7%
IV Rank72.5%42.3%100.0%75.6%45.1%
IV Percentile97.4%91.7%100.0%99.6%91.7%
Term Structure-11.3%-20.7%-0.8%-8.1%-0.8%
VWIV93.4%72.2%111.4%72.2%84.0%
Skew 25d17.4%9.2%25.4%10.5%17.1%
Skew 10d30.0%14.5%48.6%16.7%33.6%
Call IV 25d87.2%66.2%111.0%66.2%76.9%
Put IV 25d104.6%76.7%125.1%76.7%94.0%
Bid-Ask Spread %18.3111.6848.0013.7713.32
Gamma HHI0.110.090.120.110.10
Net GEX-41.0K-1.4M1.3M742.6K1.3M
Net DEX263.2M-1.9M445.7M-1.9M48.7M
Net VEX-3.5M-4.5M-2.6M-4.5M-4.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.253.610.800.39
Total Volume20,682.7837,42353,5597,4237,888
Total OI445,197.043389,407490,092389,407490,092

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2008-10-01$64.70$67.1874.0%21.2%100.2%75.6%72.2%10.5%-8.1%742.6K-1.9M-4.5M0.8013.77N/AN/A4,1203,303215,349174,058
2008-10-02$59.40$67.1890.5%26.0%104.0%100.0%85.4%11.1%-11.0%-395.4K146.2M-4.2M0.5112.24N/AN/A15,9758,119216,129175,356
2008-10-03$59.05$67.1886.8%24.9%104.0%93.8%81.5%9.2%-8.4%-188.4K150.9M-4.2M1.3114.05N/AN/A6,9619,132225,718179,734
2008-10-06$56.44$76.78109.3%25.3%104.8%100.0%87.9%19.8%-16.6%-693.1K216.5M-4.1M1.2112.50N/AN/A10,58412,782226,850186,755
2008-10-07$51.71$71.98110.9%26.9%105.2%100.0%88.5%11.0%-16.3%-1.4M334.7M-3.6M1.3514.45N/AN/A9,22112,462229,394191,991
2008-10-08$52.35$71.98113.9%27.2%102.8%100.0%91.7%13.7%-15.2%-1.0M332.2M-3.7M0.6217.30N/AN/A20,61912,845231,475192,247
2008-10-09$46.07$71.98129.0%31.9%110.5%100.0%100.4%14.7%-20.1%-645.0K358.9M-3.2M0.6724.75N/AN/A6,8774,630240,679194,007
2008-10-10$42.13$71.98151.9%35.7%111.1%100.0%111.4%14.2%-20.7%-564.7K373.3M-2.9M0.6448.00N/AN/A18,92412,026241,221194,548
2008-10-13$49.20$67.18123.2%29.1%126.8%76.3%97.8%21.2%-14.2%-559.7K376.9M-3.4M0.6524.46N/AN/A10,8337,056248,504198,156
2008-10-14$50.44$67.18114.1%26.7%126.5%68.8%89.3%19.5%-12.5%-460.8K357.1M-3.5M0.2516.52N/AN/A17,6874,506250,213198,660
2008-10-15$41.11$67.18148.3%33.0%143.4%97.0%109.8%17.6%-19.9%-619.6K445.7M-2.6M0.6325.37N/AN/A10,6476,695253,000199,457
2008-10-16$44.47$67.18114.9%32.9%146.9%69.4%103.3%25.4%-18.7%-456.1K410.5M-2.9M0.2717.79N/AN/A28,8617,723255,906196,763
2008-10-17$44.63$67.18103.7%29.7%136.7%60.2%97.7%20.4%-11.9%1.8K353.2M-3.2M0.3020.04N/AN/A12,6533,815279,999199,113
2008-10-20$51.37$62.3882.0%23.5%148.8%42.3%83.2%21.0%-4.1%434.1K197.0M-3.7M0.3119.62N/AN/A10,8833,357256,242185,698
2008-10-21$47.53$62.3887.7%25.2%149.8%47.1%84.9%14.6%-6.9%341.6K267.4M-3.3M0.3119.03N/AN/A14,7854,583261,922187,088
2008-10-22$43.09$62.38102.8%29.5%152.0%59.4%98.3%18.9%-10.3%58.6K325.3M-2.9M0.8415.51N/AN/A9,7128,204261,234186,767
2008-10-23$46.63$62.3897.3%27.9%156.0%55.0%93.4%18.5%-7.5%292.1K245.3M-3.4M0.4515.78N/AN/A14,6806,671263,742191,431
2008-10-24$43.85$57.58106.5%30.5%156.4%62.6%104.8%21.6%-9.8%252.9K287.7M-3.1M0.5415.00N/AN/A4,8962,664269,113192,573
2008-10-27$40.38$57.58111.9%32.1%148.1%67.0%105.6%20.0%-11.7%-21.2K353.6M-2.6M0.6518.83N/AN/A9,4006,133269,803193,369
2008-10-28$47.70$57.5890.4%25.9%158.8%49.3%93.2%20.8%-5.1%480.0K241.2M-3.4M3.6115.02N/AN/A11,60941,950273,146195,793
2008-10-29$48.83$57.5893.5%26.8%159.1%51.8%92.3%18.5%-6.4%855.7K165.7M-3.7M0.4416.21N/AN/A19,3278,542279,786199,961
2008-10-30$52.52$57.5887.5%25.1%159.6%46.8%91.3%19.8%-4.1%1.3M67.1M-4.1M0.5211.68N/AN/A7,4743,890282,290204,200
2008-10-31$53.30$57.5885.4%24.5%159.8%45.1%84.0%17.1%-0.8%1.3M48.7M-4.2M0.3913.32N/AN/A5,6782,210283,449206,643