OXY Options History — December 2015

In December 2015, OXY traded between $65.96 and $76.69. ATM implied volatility averaged 31.6%, placing in the 59.2% IV rank vs the trailing year. The 30-day expected move averaged 9.1%. IV traded above realized volatility by 0.4% (HV 20d: 31.2%). Max pain ranged from $72.50 to $75.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 1.12.

Notable Days

  • 2015-12-04: Highest Volume — 42,490 contracts
  • 2015-12-23: Largest IV drop — 13.5% change
  • 2015-12-11: Highest IV Rank — 77.9%
  • 2015-12-11: Largest Expected Move — 10.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$68.82$65.96$76.69$76.69$67.68
Max Pain$73.64$72.50$75.00$72.50$72.50
ATM IV31.6%26.1%36.3%26.1%30.8%
Expected Move9.1%7.9%10.6%7.9%8.6%
HV 20d31.2%25.2%34.4%25.2%33.8%
HV 60d31.1%29.1%32.5%29.1%30.1%
IV Rank59.2%37.0%77.9%37.0%55.8%
IV Percentile83.2%61.1%96.0%61.1%80.2%
Term Structure0.2%-1.4%1.5%-0.8%0.5%
VWIV32.4%27.0%38.0%27.0%30.0%
Skew 25d4.6%2.6%5.9%4.1%3.8%
Skew 10d8.6%2.5%12.9%10.1%6.1%
Call IV 25d30.0%24.3%34.2%24.3%29.3%
Put IV 25d34.6%28.4%39.4%28.4%33.1%
Bid-Ask Spread %16.597.4736.1417.1624.55
Gamma HHI0.110.070.140.100.12
Net GEX3.6M-2.5M21.4M16.3M1.8M
Net DEX115.6M-138.7M234.7M-138.7M135.0M
Net VEX-1.4M-1.7M-1.2M-1.6M-1.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.120.082.260.081.02
Total Volume17,874.77310,44742,49031,07111,601
Total OI213,411.545175,253243,203175,253200,589

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2015-12-01$76.69$72.5026.1%7.9%25.2%37.0%27.0%4.1%-0.8%16.3M-138.7M-1.6M0.0817.16N/AN/A28,9002,171102,57272,681
2015-12-02$75.24$72.5027.7%9.0%25.2%43.7%30.6%4.6%-0.4%21.4M-136.8M-1.7M0.4516.82N/AN/A14,1266,336128,03473,898
2015-12-03$72.47$75.0029.4%8.4%27.8%50.4%29.1%4.4%-0.9%11.7M15.0M-1.6M0.9715.26N/AN/A8,3308,081134,58176,406
2015-12-04$71.62$75.0028.1%8.2%28.0%45.1%28.4%3.9%0.3%7.1M69.5M-1.5M0.4513.38N/AN/A29,24613,244137,13579,482
2015-12-07$69.32$75.0031.3%9.1%29.9%57.9%37.6%4.5%0.4%1.3M153.5M-1.4M1.3112.25N/AN/A5,9227,777131,11979,592
2015-12-08$67.34$75.0033.9%9.7%31.0%68.3%36.5%5.3%0.2%-320.9K185.7M-1.3M1.4110.16N/AN/A7,53410,590136,44183,385
2015-12-09$67.90$75.0033.0%9.5%30.7%64.8%35.7%5.0%0.3%871.6K167.3M-1.3M1.5510.08N/AN/A7,08910,967138,22984,349
2015-12-10$68.48$75.0032.4%9.5%31.1%62.4%33.3%4.5%0.8%2.3M147.6M-1.4M2.1511.79N/AN/A6,11913,169139,25385,963
2015-12-11$65.96$75.0036.3%10.6%30.3%77.9%38.0%5.4%1.4%-2.5M234.7M-1.2M0.789.60N/AN/A17,07213,301140,12589,130
2015-12-14$66.59$75.0035.5%10.1%30.5%75.0%35.8%5.1%0.9%-570.7K202.0M-1.3M1.0310.60N/AN/A12,01712,356143,40888,456
2015-12-15$68.57$75.0033.6%9.7%31.7%67.3%33.0%4.7%-0.3%2.0M136.4M-1.5M1.8311.45N/AN/A5,4359,951148,07891,913
2015-12-16$68.91$75.0031.2%8.9%31.8%57.5%33.8%4.1%0.4%2.6M123.7M-1.4M2.2614.31N/AN/A4,3299,775149,34792,302
2015-12-17$66.59$72.5032.2%9.2%32.3%61.4%34.2%4.7%0.7%-652.8K206.4M-1.3M1.4410.88N/AN/A5,3037,635149,47192,267
2015-12-18$66.10$72.5033.3%9.7%32.3%66.1%33.7%5.9%-1.3%-1.3M231.7M-1.2M1.507.47N/AN/A6,2339,380150,09093,113
2015-12-21$66.02$72.5033.2%9.5%32.1%65.6%32.1%5.1%0.5%-754.9K177.9M-1.2M0.8112.09N/AN/A6,9985,640112,06282,964
2015-12-22$66.91$72.5034.2%8.9%32.7%69.5%30.7%5.9%-1.4%1.3M136.2M-1.3M0.5115.13N/AN/A11,9726,162113,78881,820
2015-12-23$69.23$72.5029.6%8.3%34.1%51.1%29.7%2.6%1.5%5.4M63.4M-1.4M0.9111.71N/AN/A7,5536,839116,24382,433
2015-12-24$69.20$72.5029.7%8.4%34.1%51.5%30.4%4.0%1.3%5.9M55.8M-1.4M0.9036.14N/AN/A6,2985,687117,88383,093
2015-12-28$68.05$72.5031.9%9.0%34.4%60.2%32.5%4.1%0.1%2.6M113.8M-1.3M1.3933.94N/AN/A4,4756,213114,75181,440
2015-12-29$68.14$72.5031.2%8.7%34.3%57.6%30.9%4.2%0.2%2.7M111.7M-1.2M0.8829.77N/AN/A5,8365,136114,94582,634
2015-12-30$67.03$72.5031.0%8.7%33.7%56.8%30.4%5.4%0.5%204.4K152.2M-1.2M0.9630.42N/AN/A5,3235,124116,49983,090
2015-12-31$67.68$72.5030.8%8.6%33.8%55.8%30.0%3.8%0.5%1.8M135.0M-1.2M1.0224.55N/AN/A5,7515,850117,25983,330