OXY Options History — January 2019

In January 2019, OXY traded between $61.33 and $67.09. ATM implied volatility averaged 28.6%, placing in the 44.9% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 2.0% (HV 20d: 30.6%). Max pain ranged from $65.00 to $67.50. Net GEX was positive for 17 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 1.13.

Notable Days

  • 2019-01-18: Highest Volume — 10,513 contracts
  • 2019-01-22: Largest IV spike — 14.8% change
  • 2019-01-03: Highest IV Rank — 66.8%
  • 2019-01-02: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.26$61.33$67.09$61.64$66.41
Max Pain$66.71$65.00$67.50$67.50$65.00
ATM IV28.6%24.9%34.2%33.4%28.0%
Expected Move8.7%7.2%9.9%9.9%7.7%
HV 20d30.6%20.7%38.5%36.7%21.4%
HV 60d33.1%31.9%35.8%35.2%32.0%
IV Rank44.9%29.6%66.8%64.1%41.0%
IV Percentile78.9%67.5%96.0%94.0%75.4%
Term Structure0.3%-1.6%3.7%0.1%0.7%
VWIV29.7%25.5%34.6%33.5%26.3%
Skew 25d4.9%4.3%5.9%5.9%4.9%
Skew 10d10.6%8.8%13.4%10.4%10.6%
Call IV 25d26.4%22.8%31.9%30.7%26.0%
Put IV 25d31.3%27.6%37.5%36.6%30.8%
Bid-Ask Spread %9.124.0516.475.659.93
Gamma HHI0.100.070.380.110.08
Net GEX1.2M-3.1M3.6M-869.0K3.3M
Net DEX20.8M-34.2M100.4M98.4M-18.0M
Net VEX-639.0K-788.8K-542.2K-542.2K-788.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.130.552.690.550.59
Total Volume6,180.2862,49010,5134,4585,036
Total OI112,727.95268,026139,591126,75587,686

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-01-02$61.64$67.5033.4%9.9%36.7%64.1%33.5%5.9%0.1%-869.0K98.4M-542.2K0.555.65N/AN/A2,8781,58071,92554,830
2019-01-03$61.33$67.5034.2%9.8%36.2%66.8%34.6%5.7%0.0%-821.6K100.4M-559.9K0.6016.47N/AN/A4,7452,87073,94955,269
2019-01-04$63.25$67.5031.8%9.6%38.5%58.9%32.3%4.8%-0.4%-445.5K65.9M-614.7K0.7315.98N/AN/A2,8032,05274,49156,743
2019-01-07$64.73$67.5030.2%9.0%38.3%53.4%30.8%4.4%1.5%1.5M39.3M-629.4K0.6613.01N/AN/A1,49699473,14255,652
2019-01-08$65.12$67.5029.6%9.2%38.3%51.2%32.6%4.6%2.3%2.0M28.7M-653.3K0.7714.35N/AN/A2,9502,28474,25756,377
2019-01-09$65.68$67.5029.3%9.4%34.4%50.1%32.6%5.5%3.7%2.6M15.6M-665.8K1.5512.11N/AN/A2,5483,95374,94957,246
2019-01-10$66.20$67.5028.0%8.8%34.4%45.5%30.8%4.3%3.3%1.4M9.5M-672.8K2.6910.23N/AN/A1,8014,84475,70359,562
2019-01-11$66.16$67.5026.7%8.2%34.1%39.9%27.1%4.8%3.0%214.6K9.2M-638.1K1.8511.01N/AN/A2,0763,84575,81161,308
2019-01-14$65.88$67.5028.7%8.5%33.6%44.4%29.0%5.6%-1.6%2.4M18.2M-623.3K2.4811.21N/AN/A1,3173,26475,11060,079
2019-01-15$65.67$67.5027.8%8.1%32.2%40.2%27.5%4.9%-1.3%214.5K34.2M-605.6K2.388.06N/AN/A1,6413,90875,62362,433
2019-01-16$65.26$67.5027.4%7.9%31.5%38.9%26.1%5.2%-1.3%125.0K43.3M-585.5K0.816.02N/AN/A2,5942,10376,29062,644
2019-01-17$65.76$67.5026.9%7.8%31.4%36.9%26.9%5.1%-1.6%568.0K21.4M-582.9K1.166.92N/AN/A3,7554,35977,11561,566
2019-01-18$66.88$67.5024.9%7.2%31.0%29.6%25.5%4.4%-0.7%-3.1M-11.5M-597.5K0.604.05N/AN/A6,5913,92277,78861,803
2019-01-22$65.06$67.5028.6%8.7%31.0%43.0%28.3%4.7%-1.1%2.0M12.7M-580.2K1.326.55N/AN/A2,8843,79742,17025,856
2019-01-23$64.62$65.0028.5%8.8%30.8%43.0%28.5%4.9%-1.0%1.5M22.1M-599.8K1.0610.63N/AN/A3,3313,51944,13027,883
2019-01-24$64.95$65.0028.3%8.6%25.4%42.3%28.3%4.5%-1.0%1.6M17.5M-623.8K0.985.18N/AN/A4,2514,14845,96029,618
2019-01-25$66.42$65.0026.2%8.1%20.7%34.6%27.1%4.8%-1.0%2.9M-13.9M-683.2K0.604.76N/AN/A5,3173,21347,38231,143
2019-01-28$65.94$65.0027.5%8.9%21.1%39.3%30.9%4.7%0.8%2.4M-3.7M-691.1K1.004.72N/AN/A2,0242,02747,55930,711
2019-01-29$66.51$65.0027.6%9.3%21.1%39.7%32.9%5.1%1.1%2.9M-18.0M-730.1K0.638.31N/AN/A3,3412,11349,33032,467
2019-01-30$67.09$66.0027.5%9.1%20.8%39.3%32.2%4.6%1.0%3.6M-34.2M-752.1K0.676.46N/AN/A4,5563,05650,35733,370
2019-01-31$66.41$65.0028.0%7.7%21.4%41.0%26.3%4.9%0.7%3.3M-18.0M-788.8K0.599.93N/AN/A3,1761,86052,67135,015