OXY Options History — July 2019

In July 2019, OXY traded between $48.65 and $52.38. ATM implied volatility averaged 27.2%, placing in the 38.0% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded above realized volatility by 3.8% (HV 20d: 23.4%). Max pain ranged from $50.00 to $55.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.88.

Notable Days

  • 2019-07-12: Highest Volume — 36,658 contracts
  • 2019-07-31: Largest IV spike — 9.8% change
  • 2019-07-31: Highest IV Rank — 52.7%
  • 2019-07-31: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.84$48.65$52.38$49.75$51.30
Max Pain$52.95$50.00$55.00$50.00$52.50
ATM IV27.2%25.3%31.2%27.0%31.2%
Expected Move8.0%7.1%10.1%7.4%10.1%
HV 20d23.4%19.8%34.9%34.2%21.9%
HV 60d30.4%29.8%30.8%30.6%30.8%
IV Rank38.0%31.2%52.7%37.2%52.7%
IV Percentile50.8%41.3%82.1%49.2%82.1%
Term Structure0.1%-1.0%4.6%1.8%-1.0%
VWIV27.9%24.9%35.5%26.0%35.5%
Skew 25d2.0%1.5%3.0%1.7%2.2%
Skew 10d4.1%3.0%7.0%3.4%4.1%
Call IV 25d26.5%25.0%30.5%26.7%30.5%
Put IV 25d28.5%27.3%32.7%28.4%32.7%
Bid-Ask Spread %8.453.8316.075.0216.07
Gamma HHI0.100.070.290.090.10
Net GEX4.0M-5.2M26.5M-1.2M2.9M
Net DEX94.6M-57.5M261.4M188.9M78.7M
Net VEX-2.9M-3.1M-2.8M-2.9M-2.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.880.281.740.671.57
Total Volume18,773.2277,83036,65821,71126,122
Total OI463,631.318438,516490,072441,418459,841

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-07-01$49.75$50.0027.0%7.4%34.2%37.2%26.0%1.7%1.8%-1.2M188.9M-2.9M0.675.02N/AN/A13,0038,708254,884186,534
2019-07-02$48.65$50.0026.5%7.3%34.9%35.5%25.6%1.5%2.7%-5.2M261.4M-2.8M0.733.83N/AN/A15,91511,605263,614190,568
2019-07-03$49.15$50.0025.3%7.1%29.6%31.2%24.9%3.0%4.6%-3.7M221.1M-2.8M1.016.49N/AN/A11,04611,169271,583191,235
2019-07-05$49.25$55.0027.0%8.0%25.5%37.2%29.1%1.9%1.9%-1.7M207.7M-2.9M1.378.86N/AN/A6,8629,387278,179196,070
2019-07-08$49.39$55.0027.7%8.0%23.1%39.8%28.3%2.1%-0.4%-703.4K195.3M-2.9M0.928.17N/AN/A4,3493,982275,715193,163
2019-07-09$49.59$55.0027.4%7.9%23.1%38.7%27.8%1.8%0.2%425.8K168.2M-2.9M0.8312.04N/AN/A16,65613,764278,744194,185
2019-07-10$50.15$55.0027.0%7.8%21.1%37.3%27.2%1.7%0.0%3.0M138.5M-2.8M1.438.20N/AN/A12,91018,497272,614194,585
2019-07-11$50.34$55.0026.1%7.5%20.6%34.2%26.7%1.8%0.1%4.6M123.8M-2.9M1.556.02N/AN/A13,57020,980277,000200,288
2019-07-12$51.81$55.0026.4%7.5%22.2%35.2%26.9%2.1%-0.1%8.8M-11.2M-3.1M1.077.36N/AN/A17,69018,968276,654200,457
2019-07-15$51.44$55.0026.7%7.6%22.4%36.3%27.0%1.9%-0.3%6.8M36.1M-3.0M1.625.17N/AN/A4,5297,325278,639195,795
2019-07-16$51.09$52.5027.7%7.9%22.2%40.0%28.1%2.0%-1.0%4.4M67.0M-2.9M1.747.96N/AN/A7,64913,323280,544197,307
2019-07-17$51.25$52.5027.4%7.9%22.0%38.8%26.3%2.3%-0.8%5.9M49.7M-2.9M0.525.42N/AN/A8,4184,364283,755200,324
2019-07-18$50.94$52.5027.5%7.9%22.1%39.3%26.9%2.1%-0.7%3.4M76.5M-2.9M0.9512.21N/AN/A5,2905,029287,124202,356
2019-07-19$52.30$52.5025.9%7.5%22.8%33.5%26.4%2.0%-0.3%26.5M-57.5M-3.0M0.309.75N/AN/A19,1325,820287,875202,197
2019-07-22$52.38$52.5026.8%7.8%21.7%36.6%27.3%2.1%-0.3%6.3M-5.6M-3.0M0.288.76N/AN/A7,9592,205258,588179,928
2019-07-23$51.82$52.5026.7%7.9%21.4%36.2%27.1%1.9%-0.5%5.1M39.8M-2.9M0.319.55N/AN/A7,2652,276261,746180,631
2019-07-24$52.00$52.5026.9%8.0%21.1%36.9%27.7%2.0%-0.7%6.9M19.5M-3.0M0.3211.72N/AN/A6,0471,936266,116181,445
2019-07-25$51.16$52.5027.4%8.2%20.5%38.7%28.5%2.1%-0.4%2.9M95.1M-2.8M0.527.97N/AN/A5,1392,691267,332181,784
2019-07-26$51.69$52.5026.9%8.1%19.8%36.9%28.4%1.8%-0.5%5.4M51.7M-2.9M0.5110.89N/AN/A9,7034,987268,452183,137
2019-07-29$50.86$52.5028.1%8.8%20.7%41.6%30.6%2.2%-0.8%1.0M124.9M-2.8M0.558.32N/AN/A6,2373,418264,039183,030
2019-07-30$52.25$52.5028.4%8.9%22.5%42.5%32.1%2.0%-0.8%5.4M10.7M-3.0M0.696.16N/AN/A10,1146,972266,571185,261
2019-07-31$51.30$52.5031.2%10.1%21.9%52.7%35.5%2.2%-1.0%2.9M78.7M-2.9M1.5716.07N/AN/A10,17515,947271,122188,719