OXY Options History — March 2010

In March 2010, OXY traded between $77.50 and $81.13. ATM implied volatility averaged 23.3%, placing in the 3.1% IV rank vs the trailing year. The 30-day expected move averaged 6.8%. IV traded above realized volatility by 6.9% (HV 20d: 16.5%). Max pain ranged from $76.78 to $76.78. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 23 of 23 days. Put/call ratio averaged 0.87.

Notable Days

  • 2010-03-05: Highest Volume — 215,588 contracts
  • 2010-03-17: Largest IV drop — 11.9% change
  • 2010-03-11: Highest IV Rank — 8.0%
  • 2010-03-10: Largest Expected Move — 7.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$78.93$77.50$81.13$77.50$81.13
Max Pain$76.78$76.78$76.78$76.78$76.78
ATM IV23.3%21.0%25.6%24.9%21.4%
Expected Move6.8%6.0%7.5%7.1%6.1%
HV 20d16.5%11.3%26.2%26.2%15.7%
HV 60d22.0%21.3%23.0%23.0%21.8%
IV Rank3.1%0.0%8.0%4.5%1.0%
IV Percentile2.2%0.0%7.5%2.0%0.4%
Term Structure2.6%1.4%3.7%1.4%3.7%
VWIV24.1%22.2%28.1%28.1%23.1%
Skew 25d3.9%2.9%5.0%5.0%3.1%
Skew 10d8.4%5.3%11.3%11.3%8.2%
Call IV 25d22.5%20.9%23.7%23.2%21.2%
Put IV 25d26.3%24.1%28.2%28.2%24.3%
Bid-Ask Spread %5.262.786.444.825.13
Gamma HHI0.180.130.260.140.22
Net GEX6.3M3.0M10.6M4.0M10.6M
Net DEX-565.0M-676.3M-475.1M-493.6M-676.3M
Net VEX-3.0M-3.2M-2.9M-3.0M-3.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.022.091.952.09
Total Volume17,849.4352,333215,58810,7579,284
Total OI313,498.652290,714335,794290,714314,000

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2010-03-01$77.50$76.7824.9%7.1%26.2%4.5%28.1%5.0%1.4%4.0M-493.6M-3.0M1.954.82N/AN/A3,6427,115148,797141,917
2010-03-02$77.93$76.7824.7%7.1%25.4%4.2%25.1%4.6%1.4%4.1M-490.0M-3.0M1.105.93N/AN/A4,0364,439149,295146,073
2010-03-03$77.76$76.7824.3%7.0%25.1%3.3%24.8%4.6%1.7%3.2M-475.1M-3.0M0.915.33N/AN/A3,1112,821149,910148,813
2010-03-04$77.98$76.7823.6%6.8%24.9%1.9%25.1%4.5%2.3%3.0M-502.1M-2.9M0.975.24N/AN/A3,5383,417150,852149,938
2010-03-05$78.64$76.7822.8%7.2%17.5%0.0%24.5%4.3%3.0%4.6M-522.2M-3.1M0.024.94N/AN/A211,8763,712152,447151,557
2010-03-08$78.21$76.7824.1%7.4%17.8%2.8%25.2%4.3%2.1%3.4M-495.5M-2.9M0.554.89N/AN/A10,8225,957146,838152,678
2010-03-09$78.21$76.7823.7%7.4%17.5%2.0%25.3%4.4%1.9%4.3M-505.9M-3.0M0.455.12N/AN/A7,1513,212152,630155,056
2010-03-10$78.67$76.7823.7%7.5%16.3%2.5%24.4%4.3%1.9%5.2M-567.1M-2.9M0.175.27N/AN/A15,0592,504157,312155,790
2010-03-11$78.56$76.7825.6%7.3%16.3%8.0%24.9%4.2%2.6%6.5M-573.7M-3.1M1.456.04N/AN/A5,4587,929166,222156,899
2010-03-12$78.54$76.7825.3%7.3%13.6%7.1%24.9%4.2%2.4%6.5M-555.5M-3.2M0.905.62N/AN/A3,2882,947169,980162,208
2010-03-15$77.79$76.7825.1%7.2%13.8%6.6%25.9%4.2%2.5%4.8M-513.1M-3.2M0.805.29N/AN/A3,6602,923170,090162,381
2010-03-16$79.05$76.7825.0%7.2%13.6%6.3%24.4%3.9%2.7%8.3M-597.5M-3.2M0.435.27N/AN/A5,8662,520171,478162,130
2010-03-17$79.86$76.7822.0%6.3%13.9%0.0%23.1%3.5%3.2%10.4M-651.1M-3.0M0.415.45N/AN/A7,0342,856172,418161,799
2010-03-18$79.18$76.7822.1%6.3%14.3%0.3%23.5%3.8%2.8%7.5M-601.8M-3.1M1.146.28N/AN/A3,0033,432171,722162,524
2010-03-19$79.25$76.7822.0%6.3%14.2%0.0%23.2%3.6%2.8%5.8M-616.1M-3.1M0.644.81N/AN/A10,8226,918172,454163,340
2010-03-22$79.24$76.7821.6%6.2%12.3%0.0%22.8%3.5%2.9%6.8M-571.4M-3.1M0.966.44N/AN/A3,8323,689163,246140,326
2010-03-23$79.96$76.7821.0%6.0%11.3%0.0%22.2%3.2%3.3%8.2M-606.2M-3.1M0.824.68N/AN/A2,9492,429163,930141,786
2010-03-24$79.61$76.7821.7%6.2%11.5%1.8%23.0%3.0%3.0%7.5M-591.1M-3.1M1.324.59N/AN/A1,4741,945165,007142,770
2010-03-25$78.22$76.7823.8%6.8%13.1%7.6%22.9%3.5%3.1%4.8M-517.1M-3.1M0.726.27N/AN/A3,9892,867165,916143,632
2010-03-26$78.44$76.7823.6%6.8%12.7%6.9%22.6%3.7%3.4%5.8M-532.8M-3.1M0.982.78N/AN/A1,1801,153167,139144,164
2010-03-29$80.75$76.7822.3%6.4%15.8%3.4%23.4%3.0%3.1%10.1M-663.3M-3.0M0.694.92N/AN/A5,7964,008166,508144,108
2010-03-30$80.87$76.7821.8%6.3%15.7%2.1%22.5%2.9%3.4%10.3M-676.1M-2.9M0.515.79N/AN/A3,2301,644167,061145,328
2010-03-31$81.13$76.7821.4%6.1%15.7%1.0%23.1%3.1%3.7%10.6M-676.3M-3.0M2.095.13N/AN/A3,0026,282167,839146,161