OXY Options History — May 2019

In May 2019, OXY traded between $49.86 and $60.49. ATM implied volatility averaged 31.2%, placing in the 52.6% IV rank vs the trailing year. The 30-day expected move averaged 8.9%. IV traded above realized volatility by 1.8% (HV 20d: 29.4%). Max pain ranged from $57.50 to $61.50. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.65.

Notable Days

  • 2019-05-06: Highest Volume — 107,980 contracts
  • 2019-05-09: Largest IV drop — 12.7% change
  • 2019-05-08: Highest IV Rank — 84.0%
  • 2019-05-01: Largest Expected Move — 11.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.75$49.86$60.49$57.81$49.86
Max Pain$59.25$57.50$61.50$61.50$57.50
ATM IV31.2%24.9%39.8%34.8%33.2%
Expected Move8.9%7.1%11.5%11.5%9.7%
HV 20d29.4%21.7%33.5%22.5%33.5%
HV 60d26.6%23.6%28.4%23.8%28.4%
IV Rank52.6%29.7%84.0%65.9%59.9%
IV Percentile79.0%55.6%98.8%95.2%88.5%
Term Structure-0.4%-1.9%2.1%1.7%-0.6%
VWIV31.3%24.9%41.0%41.0%34.2%
Skew 25d1.5%-1.4%2.9%0.2%2.1%
Skew 10d1.5%-4.0%5.6%0.0%2.0%
Call IV 25d30.5%23.6%40.5%35.8%33.0%
Put IV 25d32.1%25.8%40.6%35.9%35.1%
Bid-Ask Spread %8.574.0616.2213.616.92
Gamma HHI0.110.090.170.090.12
Net GEX-5.5M-23.0M16.3M-2.0M-4.7M
Net DEX359.1M-193.1M723.5M229.0M438.5M
Net VEX-2.7M-3.8M-2.3M-3.0M-2.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.271.300.570.76
Total Volume44,442.04515,707107,98039,42134,156
Total OI550,605.318466,377647,548486,619568,565

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-05-01$57.81$61.5034.8%11.5%22.5%65.9%41.0%0.2%1.7%-2.0M229.0M-3.0M0.5713.61N/AN/A25,13814,283312,319174,300
2019-05-02$57.47$61.0034.7%11.2%22.5%65.4%39.3%-0.1%2.1%-5.1M276.5M-2.9M1.0810.93N/AN/A33,43736,159319,959180,075
2019-05-03$57.98$61.0035.1%11.3%22.9%67.2%40.8%-1.4%1.9%-5.5M226.0M-3.2M0.659.58N/AN/A24,61515,929334,240202,631
2019-05-06$58.86$60.0035.0%9.5%21.7%66.8%33.0%0.2%-1.8%86.4K104.9M-3.2M1.308.54N/AN/A47,02960,951322,216193,286
2019-05-07$59.55$60.0037.1%10.1%22.4%74.1%34.9%0.0%-1.8%8.1M-18.2M-3.5M0.4312.73N/AN/A38,43116,467340,027209,429
2019-05-08$60.49$60.0039.8%10.4%23.6%84.0%36.0%0.1%-1.8%16.3M-193.1M-3.8M0.278.58N/AN/A59,16315,959356,202218,426
2019-05-09$56.47$60.0034.7%9.2%32.5%65.6%32.4%1.8%-1.9%-23.0M525.8M-2.9M0.5114.20N/AN/A55,67928,637374,341230,470
2019-05-10$54.84$60.0032.8%8.8%33.2%58.5%31.4%1.7%-1.4%-20.0M723.5M-2.6M0.897.91N/AN/A32,30728,709401,266240,353
2019-05-13$54.05$60.0033.5%9.1%32.5%61.1%32.3%2.6%-1.8%-16.0M698.7M-2.3M1.256.76N/AN/A20,38925,501379,413219,667
2019-05-14$54.37$60.0030.0%8.2%32.0%48.5%28.5%2.4%-1.5%-16.2M603.4M-2.3M0.565.16N/AN/A23,11712,938398,714211,862
2019-05-15$54.16$60.0028.6%7.8%31.7%43.2%28.5%2.1%-1.9%-14.7M616.2M-2.4M0.469.21N/AN/A30,58513,956411,580215,020
2019-05-16$53.64$60.0027.5%7.9%31.7%39.3%27.1%1.8%-0.0%-3.3M561.8M-2.5M0.455.94N/AN/A20,0299,034430,186204,023
2019-05-17$52.78$60.0027.8%7.7%31.7%40.3%27.7%1.9%-1.1%-19.2M618.5M-2.4M0.745.89N/AN/A17,41312,962441,229206,319
2019-05-20$53.47$60.0026.8%7.6%31.3%36.5%25.9%2.5%0.5%-2.7M293.3M-2.5M0.355.98N/AN/A21,3697,395314,721151,656
2019-05-21$53.50$57.5025.7%7.3%31.5%32.6%25.8%1.9%0.2%-78.9K285.7M-2.5M0.6911.14N/AN/A14,4119,874330,051155,428
2019-05-22$52.91$57.5024.9%7.1%31.5%29.7%24.9%2.2%0.7%-1.1M325.4M-2.5M0.884.06N/AN/A10,1418,889341,173157,343
2019-05-23$52.65$57.5027.7%8.0%31.1%40.1%28.2%2.8%-0.1%-2.2M326.3M-2.6M0.538.40N/AN/A12,6826,688345,675158,543
2019-05-24$53.49$57.5027.2%7.8%31.8%38.2%27.2%2.1%0.6%-2.0M246.6M-2.7M0.316.19N/AN/A27,4838,561350,907160,530
2019-05-28$52.39$57.5027.4%7.8%32.2%38.8%28.0%2.8%-0.2%-2.8M328.8M-2.5M0.815.35N/AN/A8,7017,006347,243158,049
2019-05-29$51.92$57.5029.0%8.5%31.6%44.8%29.6%2.9%-0.4%-3.9M347.5M-2.5M0.605.16N/AN/A15,5429,385354,228162,177
2019-05-30$51.84$57.5032.1%9.4%31.4%56.1%32.4%0.6%-0.9%-1.7M335.5M-2.6M0.3016.22N/AN/A43,65612,969362,365167,110
2019-05-31$49.86$57.5033.2%9.7%33.5%59.9%34.2%2.1%-0.6%-4.7M438.5M-2.5M0.766.92N/AN/A19,39314,763395,207173,358