OXY Options History — March 2019

In March 2019, OXY traded between $62.72 and $67.41. ATM implied volatility averaged 21.1%, placing in the 15.7% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 3.5% (HV 20d: 24.6%). Max pain ranged from $65.50 to $67.50. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.63.

Notable Days

  • 2019-03-01: Highest Volume — 8,615 contracts
  • 2019-03-11: Largest IV drop — 16.4% change
  • 2019-03-08: Highest IV Rank — 32.4%
  • 2019-03-08: Largest Expected Move — 7.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$65.94$62.72$67.41$67.06$66.22
Max Pain$67.07$65.50$67.50$65.50$67.50
ATM IV21.1%18.9%25.7%20.3%21.2%
Expected Move6.6%5.8%7.6%5.8%7.0%
HV 20d24.6%18.6%28.8%20.1%28.2%
HV 60d25.7%22.8%27.7%27.7%23.3%
IV Rank15.7%7.6%32.4%12.8%16.0%
IV Percentile29.3%8.3%65.5%21.4%31.0%
Term Structure0.3%-0.6%1.5%0.1%1.3%
VWIV23.6%21.5%27.0%22.2%24.0%
Skew 25d4.1%3.4%5.1%4.8%3.9%
Skew 10d8.3%6.2%11.5%8.9%7.4%
Call IV 25d19.4%17.2%23.4%18.5%18.8%
Put IV 25d23.5%20.6%28.4%23.3%22.6%
Bid-Ask Spread %5.834.0310.344.606.27
Gamma HHI0.130.090.310.310.13
Net GEX3.8M-8.2M8.0M-8.2M6.1M
Net DEX-21.0M-75.3M81.4M-14.1M-30.2M
Net VEX-893.6K-964.6K-786.9K-868.2K-912.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.321.190.460.50
Total Volume5,063.2862,4118,6158,6154,708
Total OI90,124.28678,42198,46696,94488,442

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-03-01$67.06$65.5020.3%5.8%20.1%12.8%22.2%4.8%0.1%-8.2M-14.1M-868.2K0.464.60N/AN/A5,8902,72556,17940,765
2019-03-04$67.31$65.5021.3%6.3%18.6%16.6%24.4%5.1%0.2%6.0M-34.7M-930.5K0.325.95N/AN/A3,6521,16455,93635,979
2019-03-05$67.26$66.0020.7%6.1%18.6%14.4%21.7%4.2%0.4%6.2M-36.5M-933.9K0.794.32N/AN/A1,8951,50257,87936,559
2019-03-06$66.06$66.0022.2%6.6%19.4%19.8%24.2%4.5%0.2%2.5M7.7M-885.4K1.114.49N/AN/A2,0612,28258,43337,162
2019-03-07$65.74$66.0022.9%7.1%19.3%22.4%27.0%4.9%0.2%994.5K20.4M-876.7K0.354.03N/AN/A5,8942,07359,13338,082
2019-03-08$62.72$67.0025.7%7.6%23.8%32.4%25.8%5.0%-0.1%-1.3M81.4M-786.9K1.195.32N/AN/A3,4114,06759,74138,725
2019-03-11$63.93$67.5021.4%6.6%24.9%17.0%22.0%4.3%-0.6%-806.8K30.9M-813.7K0.505.68N/AN/A3,6511,82656,33034,817
2019-03-12$64.26$67.5021.4%6.6%24.9%16.8%24.0%4.3%-0.6%204.3K17.2M-835.3K0.787.24N/AN/A2,2371,74657,34535,072
2019-03-13$65.15$67.5020.0%6.5%24.9%11.8%22.0%3.8%0.4%2.2M-9.6M-862.3K0.394.22N/AN/A3,9081,51557,96635,161
2019-03-14$65.31$67.5020.0%6.6%25.0%11.7%22.4%3.6%0.8%3.1M-20.3M-866.5K0.524.96N/AN/A3,3701,73759,51535,029
2019-03-15$65.48$67.5018.9%6.3%23.9%7.6%21.9%3.4%1.0%3.9M-29.8M-858.7K0.867.85N/AN/A3,2482,80359,81735,409
2019-03-18$67.05$67.5019.4%6.2%25.5%9.7%23.5%3.6%-0.0%6.9M-63.9M-915.3K0.906.10N/AN/A3,1092,80650,35828,063
2019-03-19$65.95$67.5020.6%6.7%25.9%14.1%23.7%3.7%-0.1%5.7M-36.3M-902.7K0.766.47N/AN/A3,1452,39751,98529,987
2019-03-20$67.41$67.5019.8%6.3%27.1%10.9%21.5%3.9%0.3%7.7M-75.3M-960.1K0.4910.34N/AN/A2,9541,45853,53131,414
2019-03-21$67.22$67.5020.1%6.4%25.5%12.1%22.7%3.5%-0.6%8.0M-73.1M-964.6K0.524.77N/AN/A2,4441,26654,92231,850
2019-03-22$65.55$67.5022.5%7.1%27.0%20.8%24.5%4.3%-0.4%4.9M-23.5M-918.1K0.528.16N/AN/A2,5241,32455,26232,206
2019-03-25$65.16$67.5022.2%7.1%26.9%19.9%24.7%4.2%1.2%3.8M-10.2M-887.4K0.495.80N/AN/A1,61679553,18530,923
2019-03-26$66.95$67.5020.9%6.7%28.7%15.1%23.8%3.9%1.5%7.1M-58.7M-946.7K0.486.79N/AN/A3,6561,77253,94831,253
2019-03-27$66.38$67.5020.5%6.6%28.8%13.6%24.5%3.9%1.1%6.6M-36.2M-917.9K0.704.58N/AN/A2,4051,67654,68231,993
2019-03-28$66.62$67.5020.6%6.6%28.7%14.1%24.1%3.8%1.3%7.4M-45.4M-922.5K0.664.38N/AN/A2,1771,44055,31132,261
2019-03-29$66.22$67.5021.2%7.0%28.2%16.0%24.0%3.9%1.3%6.1M-30.2M-912.2K0.506.27N/AN/A3,1451,56355,93732,505