OXY Options History — August 2019

In August 2019, OXY traded between $41.98 and $53.50. ATM implied volatility averaged 33.3%, placing in the 60.5% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded below realized volatility by 4.6% (HV 20d: 38.0%). Max pain ranged from $45.00 to $52.50. Net GEX was positive for 2 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.90.

Notable Days

  • 2019-08-14: Highest Volume — 60,378 contracts
  • 2019-08-14: Largest IV spike — 19.8% change
  • 2019-08-14: Highest IV Rank — 90.8%
  • 2019-08-14: Largest Expected Move — 11.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.53$41.98$53.50$53.50$43.31
Max Pain$48.41$45.00$52.50$52.50$45.00
ATM IV33.3%28.3%41.6%28.3%29.9%
Expected Move9.5%8.3%11.7%8.5%8.6%
HV 20d38.0%25.9%42.6%25.9%36.7%
HV 60d32.8%30.5%34.8%32.0%31.5%
IV Rank60.5%42.3%90.8%42.3%47.6%
IV Percentile83.5%63.1%99.6%63.1%69.4%
Term Structure-0.2%-3.7%2.2%-0.8%0.2%
VWIV32.9%29.2%40.4%30.7%29.7%
Skew 25d4.4%2.4%6.9%3.3%4.6%
Skew 10d6.7%1.5%10.1%5.2%7.6%
Call IV 25d31.4%26.3%40.5%27.1%28.3%
Put IV 25d35.8%30.4%42.9%30.4%32.9%
Bid-Ask Spread %9.443.9318.3813.164.42
Gamma HHI0.090.070.110.100.09
Net GEX-2.6M-7.0M11.8M11.8M-1.2M
Net DEX307.0M-124.3M461.7M-124.3M300.5M
Net VEX-2.6M-3.1M-2.3M-3.1M-2.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.900.243.341.271.26
Total Volume29,157.0455,91660,37852,28119,407
Total OI500,528.591418,363612,376471,717483,884

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-08-01$53.50$52.5028.3%8.5%25.9%42.3%30.7%3.3%-0.8%11.8M-124.3M-3.1M1.2713.16N/AN/A23,04729,234278,213193,504
2019-08-02$51.42$52.5029.8%8.9%30.3%47.8%31.4%2.5%-0.7%2.2M130.0M-3.0M2.258.62N/AN/A7,32716,462284,146213,130
2019-08-05$49.53$52.5033.9%9.7%33.4%62.7%32.8%3.5%1.1%-3.4M231.0M-2.8M0.6613.57N/AN/A11,6197,710278,175202,039
2019-08-06$47.31$52.5035.9%10.1%37.1%69.7%36.3%3.0%1.0%-6.6M371.1M-2.6M0.6610.22N/AN/A35,48223,462285,569205,520
2019-08-07$46.38$50.0035.2%10.5%37.2%67.2%35.0%2.5%2.2%-4.9M401.4M-2.5M0.3718.08N/AN/A41,56115,531299,360215,864
2019-08-08$46.83$50.0035.6%9.9%37.4%68.7%34.2%2.8%0.6%-4.2M360.6M-2.7M0.5918.38N/AN/A31,60618,805314,488225,515
2019-08-09$47.30$50.0034.4%9.8%35.8%64.4%33.7%2.8%1.9%-183.7K299.9M-2.8M0.436.77N/AN/A16,6937,148331,549229,564
2019-08-12$45.01$50.0036.9%10.4%39.2%73.5%35.6%4.9%-1.2%-5.0M447.8M-2.5M1.2018.05N/AN/A12,06014,478327,607225,506
2019-08-13$44.81$47.5034.8%9.6%39.3%65.7%33.6%4.1%-2.1%-7.0M461.7M-2.4M0.388.32N/AN/A21,2368,051333,977229,462
2019-08-14$43.75$47.5041.6%11.7%39.5%90.8%40.4%2.4%-0.7%-5.5M453.8M-2.5M3.3417.23N/AN/A13,90246,476343,272225,235
2019-08-15$44.00$47.5039.1%10.6%39.8%81.6%36.4%5.9%-3.7%-6.0M443.7M-2.7M0.3813.77N/AN/A11,5064,383350,463255,582
2019-08-16$44.59$47.5034.6%9.6%38.6%65.1%33.2%5.3%-2.1%-1.0M416.4M-2.6M1.283.93N/AN/A6,5788,448357,377254,999
2019-08-19$45.58$47.5030.8%8.7%40.0%51.4%29.2%5.2%0.0%-531.6K204.2M-2.6M0.576.27N/AN/A13,0717,515216,629201,734
2019-08-20$45.41$47.5030.2%8.6%39.9%49.2%31.8%5.5%0.3%-558.2K209.7M-2.6M0.354.67N/AN/A16,1055,716222,411206,020
2019-08-21$45.12$47.5029.5%8.5%39.8%46.7%30.2%5.3%0.6%-931.7K228.8M-2.6M0.477.12N/AN/A12,7855,984230,058209,596
2019-08-22$44.81$47.5029.1%8.3%39.6%44.9%31.3%5.9%0.5%-1.4M237.4M-2.6M0.466.76N/AN/A6,9253,193237,635212,802
2019-08-23$42.42$47.5034.3%9.9%42.6%64.1%33.8%6.9%-0.4%-5.4M350.9M-2.4M0.938.07N/AN/A11,46510,658239,186214,167
2019-08-26$41.98$47.5034.0%9.8%42.5%62.9%31.4%5.1%-1.0%-6.4M368.6M-2.3M0.375.47N/AN/A31,92011,692236,839216,021
2019-08-27$42.17$45.0033.3%9.6%40.6%60.3%32.2%5.4%-0.4%-5.0M352.7M-2.4M0.404.98N/AN/A4,2141,702250,931219,398
2019-08-28$43.14$45.0032.2%9.3%42.2%56.5%30.9%5.1%-0.1%-2.8M301.2M-2.4M1.864.38N/AN/A7,93014,717252,222219,666
2019-08-29$43.39$45.0030.1%8.7%38.2%48.7%29.4%4.9%0.1%-2.6M306.2M-2.5M0.245.40N/AN/A19,1394,512252,637229,677
2019-08-30$43.31$45.0029.9%8.6%36.7%47.6%29.7%4.6%0.2%-1.2M300.5M-2.5M1.264.42N/AN/A8,59310,814254,916228,968