OXY Options History — April 2009

In April 2009, OXY traded between $52.56 and $57.96. ATM implied volatility averaged 48.5%, placing in the 12.9% IV rank vs the trailing year. The 30-day expected move averaged 14.3%. IV traded below realized volatility by 0.6% (HV 20d: 49.1%). Max pain ranged from $47.98 to $52.78. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.96.

Notable Days

  • 2009-04-23: Highest Volume — 36,407 contracts
  • 2009-04-23: Largest IV drop — 16.5% change
  • 2009-04-01: Highest IV Rank — 18.7%
  • 2009-04-07: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.96$52.56$57.96$55.02$54.02
Max Pain$49.58$47.98$52.78$52.78$52.78
ATM IV48.5%42.1%55.4%55.4%42.1%
Expected Move14.3%12.1%16.7%15.9%12.1%
HV 20d49.1%41.6%56.6%55.8%44.1%
HV 60d56.9%53.2%60.5%59.7%54.0%
IV Rank12.9%7.5%18.7%18.7%7.5%
IV Percentile38.3%19.4%56.0%56.0%19.4%
Term Structure1.6%-1.2%5.9%5.9%3.5%
VWIV49.9%40.5%58.5%53.9%41.6%
Skew 25d8.0%4.9%10.0%4.9%6.4%
Skew 10d14.5%8.6%18.6%8.8%8.6%
Call IV 25d45.9%36.6%52.4%52.0%38.2%
Put IV 25d53.9%44.1%62.2%57.0%44.6%
Bid-Ask Spread %7.144.4711.7311.554.57
Gamma HHI0.290.200.710.250.24
Net GEX5.8M-272.1K22.5M8.0M1.7M
Net DEX-173.2M-358.3M1.0M-259.6M-89.8M
Net VEX-2.8M-3.2M-2.4M-3.2M-2.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.960.222.610.880.71
Total Volume13,838.197,39136,4078,07911,031
Total OI321,315.619277,756352,807335,362315,004

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-04-01$55.02$52.7855.4%15.9%55.8%18.7%53.9%4.9%5.9%8.0M-259.6M-3.2M0.8811.55N/AN/A4,3013,778194,536140,826
2009-04-02$57.69$52.7853.3%15.3%53.4%16.9%53.3%6.9%4.2%7.3M-342.1M-3.1M0.959.89N/AN/A8,0717,675180,133139,465
2009-04-03$57.96$47.9848.9%15.7%53.4%13.2%56.5%9.9%-0.2%7.9M-358.3M-3.1M1.177.08N/AN/A9,07410,618182,964140,197
2009-04-06$55.39$47.9848.9%16.0%56.6%13.2%56.2%10.0%-1.1%7.7M-242.8M-3.0M0.938.02N/AN/A7,9567,398187,138142,598
2009-04-07$53.48$47.9849.6%16.7%54.7%13.8%58.5%9.9%-1.2%6.2M-136.1M-2.9M1.928.45N/AN/A7,87115,080187,664146,520
2009-04-08$54.48$47.9846.7%16.0%55.0%11.4%53.9%9.1%0.5%6.7M-173.4M-3.0M0.7711.73N/AN/A4,3703,354190,255156,665
2009-04-09$56.17$47.9850.2%14.4%53.4%14.3%51.4%8.9%3.3%7.8M-256.0M-3.0M0.777.60N/AN/A6,6735,159188,378157,208
2009-04-13$56.35$47.9851.5%14.8%51.9%15.4%52.6%8.6%1.6%8.4M-269.2M-3.0M0.368.11N/AN/A7,7202,809189,366158,203
2009-04-14$55.52$47.9852.0%14.9%51.6%15.9%54.3%9.3%1.0%8.6M-223.5M-2.9M1.318.42N/AN/A5,2086,816191,268158,094
2009-04-15$55.99$47.9851.9%14.9%50.2%15.7%53.0%8.7%1.0%8.8M-245.5M-2.9M0.577.89N/AN/A4,6972,694190,614162,193
2009-04-16$56.60$47.9850.3%14.4%49.8%14.4%51.0%8.6%1.4%9.5M-273.8M-2.7M0.225.36N/AN/A6,4441,388184,738156,123
2009-04-17$57.24$47.9847.7%13.7%48.2%12.2%48.3%8.1%2.2%22.5M-274.8M-2.7M0.225.85N/AN/A12,1082,610185,198156,357
2009-04-20$53.63$47.9853.0%15.2%51.8%16.7%51.1%9.0%-1.2%1.7M-76.9M-2.5M0.675.69N/AN/A9,5546,436147,105130,651
2009-04-21$53.80$47.9851.2%14.7%44.2%15.2%49.8%7.8%-0.5%1.8M-80.6M-2.5M0.764.82N/AN/A7,5915,769151,013133,892
2009-04-22$53.32$47.9850.5%14.5%42.6%14.5%49.3%7.3%-1.2%1.7M-62.8M-2.6M0.634.47N/AN/A4,6652,931154,436136,806
2009-04-23$53.71$47.9842.2%12.1%42.7%7.5%42.4%7.4%3.5%1.7M-70.9M-2.5M2.256.10N/AN/A11,21625,191153,076135,899
2009-04-24$53.62$52.7842.3%12.1%42.7%7.7%41.2%6.5%3.3%936.3K-56.9M-2.5M1.187.90N/AN/A6,0257,090154,683142,793
2009-04-27$52.60$52.7844.2%12.7%42.9%9.3%44.3%6.7%2.6%7.7K-11.4M-2.4M2.615.41N/AN/A3,93610,268156,265145,972
2009-04-28$52.56$52.7844.1%12.6%41.6%9.2%44.5%6.5%2.2%-272.1K1.0M-2.5M0.546.07N/AN/A8,5734,616157,947152,771
2009-04-29$55.09$52.7843.0%12.3%44.8%8.3%40.5%7.5%2.1%2.9M-134.1M-2.5M0.785.00N/AN/A6,6335,205163,949148,665
2009-04-30$54.02$52.7842.1%12.1%44.1%7.5%41.6%6.4%3.5%1.7M-89.8M-2.5M0.714.57N/AN/A6,4324,599165,247149,757