OXY Options History — November 2009

In November 2009, OXY traded between $73.72 and $81.07. ATM implied volatility averaged 32.5%, placing in the 5.3% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded above realized volatility by 0.5% (HV 20d: 32.0%). Max pain ranged from $62.38 to $76.78. Net GEX was positive for 19 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.32.

Notable Days

  • 2009-11-03: Highest Volume — 26,536 contracts
  • 2009-11-27: Largest IV spike — 23.9% change
  • 2009-11-02: Highest IV Rank — 14.0%
  • 2009-11-02: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$78.55$73.72$81.07$73.72$77.53
Max Pain$73.90$62.38$76.78$62.38$76.78
ATM IV32.5%25.9%40.6%40.6%31.8%
Expected Move9.5%7.4%11.6%11.6%9.1%
HV 20d32.0%29.0%33.1%32.0%29.0%
HV 60d29.5%28.6%30.3%29.5%30.3%
IV Rank5.3%0.0%14.0%14.0%8.0%
IV Percentile16.0%0.0%41.3%41.3%14.3%
Term Structure1.7%-0.3%3.5%-0.3%1.7%
VWIV34.0%26.6%40.5%39.7%33.8%
Skew 25d5.8%4.0%6.6%6.2%5.2%
Skew 10d12.2%8.1%14.0%13.3%12.8%
Call IV 25d31.1%25.2%37.1%37.1%30.2%
Put IV 25d36.8%29.2%43.3%43.3%35.5%
Bid-Ask Spread %12.315.8217.617.8912.36
Gamma HHI0.180.120.270.120.15
Net GEX5.1M-686.5K11.9M1.3M39.2K
Net DEX-752.7M-994.9M-489.1M-489.1M-497.8M
Net VEX-3.3M-3.6M-2.9M-3.4M-3.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.320.342.610.632.30
Total Volume12,695.96,35126,53619,58110,536
Total OI432,633.65359,514467,553419,814373,496

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2009-11-02$73.72$62.3840.6%11.6%32.0%14.0%39.7%6.2%-0.3%1.3M-489.1M-3.4M0.637.89N/AN/A11,9947,587196,394223,420
2009-11-03$76.29$62.3838.4%11.0%32.8%11.5%40.5%6.3%0.8%3.6M-676.4M-3.5M0.786.00N/AN/A14,94511,591203,466225,983
2009-11-04$76.87$62.3837.5%10.8%32.9%10.4%39.0%6.2%1.0%4.6M-745.2M-3.6M2.259.37N/AN/A4,0259,055212,976231,990
2009-11-05$77.68$62.3835.3%10.1%30.8%7.7%34.4%5.6%1.1%5.0M-791.6M-3.6M0.745.82N/AN/A5,8424,332213,781239,452
2009-11-06$77.62$76.7833.8%10.2%30.7%6.0%36.6%6.6%1.4%5.4M-790.4M-3.6M2.6114.37N/AN/A2,2355,824214,991241,541
2009-11-09$79.70$76.7831.4%9.4%31.9%3.2%34.7%6.0%1.4%7.5M-932.0M-3.4M1.4510.55N/AN/A3,4054,936215,040243,684
2009-11-10$80.78$76.7829.1%9.3%32.2%0.5%33.4%6.5%1.6%9.1M-918.6M-3.2M0.9511.04N/AN/A9,4849,031204,175245,418
2009-11-11$79.78$76.7829.3%9.2%32.0%0.7%34.3%6.4%1.8%7.7M-878.7M-3.4M0.9217.61N/AN/A5,1894,748210,865247,593
2009-11-12$78.51$76.7834.2%9.8%32.0%6.5%32.5%6.0%1.4%6.6M-809.7M-3.3M0.6417.20N/AN/A6,4594,143211,572247,663
2009-11-13$79.13$76.7833.9%9.7%32.0%6.2%34.2%6.0%1.8%8.1M-866.3M-3.2M1.8614.35N/AN/A2,7135,058212,911248,283
2009-11-16$81.07$76.7832.4%9.3%33.1%4.4%35.6%6.1%1.5%11.9M-994.9M-3.2M1.4815.58N/AN/A5,2157,722213,287250,180
2009-11-17$80.66$76.7831.9%9.2%32.9%3.9%34.1%6.3%1.9%11.2M-944.2M-3.2M1.2816.91N/AN/A2,7823,569213,106252,550
2009-11-18$79.86$76.7831.0%8.9%33.1%2.8%34.3%5.6%2.3%9.5M-903.9M-3.1M0.4613.54N/AN/A5,3272,431212,153252,068
2009-11-19$78.24$76.7833.3%9.6%32.1%5.5%33.3%5.1%2.2%3.1M-797.6M-3.1M1.9810.06N/AN/A4,6269,177212,345252,801
2009-11-20$76.77$76.7831.6%9.1%31.9%3.5%31.6%4.6%2.9%-686.5K-671.0M-3.2M1.4715.37N/AN/A10,59015,530212,565254,988
2009-11-23$78.83$76.7830.6%8.8%32.7%2.7%29.7%5.5%2.4%1.1M-564.0M-3.0M0.3414.69N/AN/A7,4442,504159,876199,638
2009-11-24$79.40$76.7826.1%7.5%32.7%0.0%29.4%5.5%3.5%2.1M-599.8M-3.0M1.768.16N/AN/A3,3755,950162,941200,543
2009-11-25$80.64$76.7825.9%7.4%30.7%0.0%26.6%4.0%3.0%3.5M-669.1M-2.9M0.779.65N/AN/A9,0766,986164,237202,946
2009-11-27$77.93$76.7832.1%9.2%33.1%8.4%31.8%5.5%1.3%739.1K-514.4M-3.2M1.7215.65N/AN/A3,1245,358167,237204,518
2009-11-30$77.53$76.7831.8%9.1%29.0%8.0%33.8%5.2%1.7%39.2K-497.8M-3.1M2.3012.36N/AN/A3,1907,346166,589206,907