OXY Options History — September 2019

In September 2019, OXY traded between $42.76 and $47.99. ATM implied volatility averaged 30.5%, placing in the 48.1% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded below realized volatility by 6.7% (HV 20d: 37.3%). Max pain ranged from $42.50 to $45.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.51.

Notable Days

  • 2019-09-06: Highest Volume — 105,520 contracts
  • 2019-09-16: Largest IV spike — 20.2% change
  • 2019-09-16: Highest IV Rank — 60.1%
  • 2019-09-16: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$45.29$42.76$47.99$42.76$44.56
Max Pain$44.63$42.50$45.00$45.00$45.00
ATM IV30.5%28.0%33.7%31.6%32.0%
Expected Move8.7%8.0%9.6%9.1%8.8%
HV 20d37.3%31.3%44.2%35.1%38.5%
HV 60d33.9%31.1%36.4%31.1%35.6%
IV Rank48.1%38.4%60.1%53.8%53.5%
IV Percentile69.0%47.2%85.3%76.6%77.8%
Term Structure0.6%-0.7%2.5%0.0%1.9%
VWIV30.5%27.5%33.7%31.0%31.2%
Skew 25d2.9%1.5%4.3%3.9%3.6%
Skew 10d5.6%2.6%8.2%6.6%6.6%
Call IV 25d29.8%27.0%33.3%30.3%32.0%
Put IV 25d32.7%30.4%35.5%34.3%35.5%
Bid-Ask Spread %10.252.6721.525.1613.73
Gamma HHI0.120.080.150.110.13
Net GEX7.9M-4.2M15.3M-4.2M3.4M
Net DEX82.1M-209.7M334.2M334.2M141.6M
Net VEX-2.8M-3.2M-2.4M-2.4M-2.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.141.230.351.16
Total Volume23,506.96,019105,5206,0199,805
Total OI524,976.1484,683582,397484,683509,426

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-09-03$42.76$45.0031.6%9.1%35.1%53.8%31.0%3.9%0.0%-4.2M334.2M-2.4M0.355.16N/AN/A4,4631,556250,394234,289
2019-09-04$43.53$45.0030.1%8.4%33.1%46.2%30.6%4.2%0.3%-2.4M294.6M-2.5M0.364.74N/AN/A7,7852,841250,956235,195
2019-09-05$45.16$42.5029.0%8.3%35.5%42.0%29.2%4.3%0.3%1.9M178.1M-2.6M0.427.45N/AN/A14,7476,252254,821236,690
2019-09-06$45.42$42.5029.6%8.6%35.4%44.6%29.6%3.1%0.2%3.7M150.4M-2.7M0.152.67N/AN/A92,13913,381254,411237,637
2019-09-09$45.02$42.5031.4%8.9%35.2%51.3%30.9%3.0%-0.0%8.5M98.2M-3.0M0.436.29N/AN/A16,9707,244291,772240,136
2019-09-10$46.33$45.0029.9%8.4%32.2%45.4%29.5%3.6%-0.4%13.6M-37.3M-3.1M0.183.71N/AN/A33,0515,855296,874237,678
2019-09-11$46.26$45.0028.3%8.0%32.1%39.6%28.4%3.4%-0.5%13.9M-36.4M-3.1M0.298.03N/AN/A13,4323,915300,272239,316
2019-09-12$45.60$45.0028.6%8.2%31.3%40.5%28.0%3.4%0.3%12.4M40.3M-2.9M0.535.73N/AN/A6,0133,167299,350239,364
2019-09-13$45.14$45.0028.0%8.0%31.5%38.4%27.5%3.3%-0.0%11.7M85.2M-2.8M0.7412.25N/AN/A8,4156,217299,924240,513
2019-09-16$47.99$45.0033.7%9.6%37.9%60.1%33.5%1.5%-0.7%15.3M-209.7M-3.2M0.337.22N/AN/A51,51117,001295,024239,232
2019-09-17$45.34$45.0032.7%9.4%42.8%56.4%33.7%2.6%0.2%9.7M65.9M-2.9M0.6311.87N/AN/A20,21112,781307,775243,466
2019-09-18$44.66$45.0031.1%8.9%43.2%50.0%31.3%1.6%1.9%8.0M143.0M-2.7M0.3817.06N/AN/A12,1634,614314,181249,536
2019-09-19$45.84$45.0031.6%9.1%44.1%52.0%30.9%2.0%-0.7%12.4M13.4M-2.8M0.1421.52N/AN/A19,6652,811319,429251,680
2019-09-20$45.47$45.0030.6%8.7%44.2%48.4%31.1%1.6%0.7%8.7M44.2M-2.8M0.406.95N/AN/A10,2624,121330,241252,156
2019-09-23$45.59$45.0029.8%8.4%39.0%45.1%29.7%2.2%1.1%8.9M44.6M-2.7M0.7416.56N/AN/A9,8317,278274,604221,697
2019-09-24$45.38$45.0030.7%8.8%38.8%48.5%31.4%2.9%1.7%8.2M59.7M-2.7M0.7914.24N/AN/A5,0253,947278,395227,420
2019-09-25$45.35$45.0030.1%8.6%38.8%46.2%30.9%2.7%1.5%8.2M66.0M-2.7M0.7315.55N/AN/A6,7194,888281,209229,604
2019-09-26$45.24$45.0030.7%8.6%38.2%48.5%30.8%2.4%2.5%8.0M79.9M-2.7M1.2311.42N/AN/A2,9573,631283,819232,137
2019-09-27$45.16$45.0031.3%8.8%38.2%50.6%31.0%2.5%1.6%7.3M85.3M-2.7M0.2912.83N/AN/A10,4083,066284,997233,902
2019-09-30$44.56$45.0032.0%8.8%38.5%53.5%31.2%3.6%1.9%3.4M141.6M-2.6M1.1613.73N/AN/A4,5415,264278,498230,928