OXY Options History — December 2019

In December 2019, OXY traded between $37.43 and $41.11. ATM implied volatility averaged 27.8%, placing in the 35.9% IV rank vs the trailing year. The 30-day expected move averaged 8.2%. IV traded below realized volatility by 0.4% (HV 20d: 28.2%). Max pain ranged from $39.50 to $45.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 16 of 21 days. Put/call ratio averaged 0.44.

Notable Days

  • 2019-12-06: Highest Volume — 56,652 contracts
  • 2019-12-09: Largest IV spike — 10.4% change
  • 2019-12-03: Highest IV Rank — 47.6%
  • 2019-12-03: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$38.82$37.43$41.11$38.72$41.11
Max Pain$42.60$39.50$45.00$40.00$42.50
ATM IV27.8%25.3%30.9%30.4%27.4%
Expected Move8.2%7.3%9.4%9.4%7.9%
HV 20d28.2%23.6%41.2%41.2%24.0%
HV 60d32.8%31.4%36.1%35.2%31.9%
IV Rank35.9%25.5%47.6%45.6%37.0%
IV Percentile33.4%16.7%59.1%57.1%30.2%
Term Structure0.5%-0.8%1.2%0.9%1.0%
VWIV30.0%27.0%37.3%34.6%27.7%
Skew 25d-0.2%-1.5%1.1%-1.5%0.6%
Skew 10d-1.0%-4.8%1.5%-4.8%1.5%
Call IV 25d28.8%25.9%32.4%32.4%28.0%
Put IV 25d28.7%26.0%31.7%30.9%28.5%
Bid-Ask Spread %4.712.747.035.367.03
Gamma HHI0.160.110.360.180.13
Net GEX3.8M-8.0M23.0M-4.5M11.8M
Net DEX164.3M-59.5M342.3M257.7M-59.5M
Net VEX-2.5M-2.6M-2.2M-2.4M-2.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.440.140.860.270.66
Total Volume33,531.8114,64356,65227,88431,645
Total OI647,487.619588,256691,743624,739608,309

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2019-12-02$38.72$40.0030.4%9.4%41.2%45.6%34.6%-1.5%0.9%-4.5M257.7M-2.4M0.275.36N/AN/A21,8776,007362,424262,315
2019-12-03$38.01$40.0030.9%9.4%36.3%47.6%34.2%-0.4%0.7%-6.1M330.7M-2.3M0.514.86N/AN/A18,9999,744371,583264,294
2019-12-04$38.50$39.5030.2%9.3%32.7%44.8%37.3%-0.6%0.9%-3.4M271.4M-2.4M0.396.64N/AN/A21,2238,361378,063268,438
2019-12-05$38.02$45.0028.6%8.5%27.5%38.4%31.1%-1.1%1.1%-8.0M321.6M-2.3M0.203.36N/AN/A26,5565,394388,244271,889
2019-12-06$38.99$45.0026.1%7.8%28.4%28.4%28.2%-1.0%0.9%23.0M206.2M-2.2M0.243.34N/AN/A45,85410,798400,473273,804
2019-12-09$37.43$45.0028.7%8.5%30.1%39.1%30.5%0.4%0.6%-5.3M342.3M-2.4M0.733.09N/AN/A20,20114,736386,859264,515
2019-12-10$37.65$45.0029.2%8.6%28.6%40.9%32.5%0.8%0.8%-3.9M268.4M-2.5M0.143.31N/AN/A46,6816,385395,097259,586
2019-12-11$37.59$42.5028.9%8.5%28.3%39.7%30.0%0.8%0.7%-1.5M242.6M-2.5M0.582.84N/AN/A22,64913,075410,087255,906
2019-12-12$38.23$42.5028.4%8.4%28.9%37.9%31.5%0.3%1.2%5.2M160.3M-2.5M0.245.25N/AN/A45,57811,060417,730255,866
2019-12-13$37.75$42.5027.0%8.0%29.0%32.1%29.4%0.2%1.2%-1.9M225.4M-2.5M0.633.29N/AN/A17,81111,304426,946258,150
2019-12-16$38.28$42.5026.4%7.7%27.9%29.9%27.9%0.2%-0.8%1.5M182.9M-2.4M0.602.74N/AN/A17,77010,594414,638253,663
2019-12-17$38.24$42.5027.0%7.8%27.6%32.2%28.8%-0.9%-0.4%1.5M185.3M-2.5M0.603.68N/AN/A12,6927,622420,828258,740
2019-12-18$38.70$42.5027.4%7.9%26.3%34.0%28.9%-0.6%-0.5%6.4M146.5M-2.5M0.863.22N/AN/A17,07714,761423,551260,429
2019-12-19$38.61$42.5026.8%7.7%26.1%31.4%28.4%-0.6%-0.2%5.4M162.5M-2.5M0.304.64N/AN/A11,2423,401426,109262,728
2019-12-20$38.88$42.5026.1%7.6%25.8%28.6%27.9%-1.1%-0.5%11.6M132.5M-2.5M0.316.05N/AN/A24,9887,792428,426263,317
2019-12-23$39.61$42.5025.3%7.3%26.0%25.5%27.0%0.1%0.6%8.0M72.6M-2.4M0.496.69N/AN/A22,59111,182344,387243,869
2019-12-24$39.84$42.5026.5%7.7%26.0%30.2%27.9%-0.1%0.5%9.4M33.1M-2.6M0.434.83N/AN/A21,1279,132352,844244,593
2019-12-26$40.12$42.5026.5%7.8%23.6%33.1%28.3%0.2%0.5%11.2M3.3M-2.6M0.406.21N/AN/A20,0418,105358,009247,913
2019-12-27$40.22$42.5026.8%7.9%23.6%34.4%28.0%0.2%0.4%9.8M-6.9M-2.6M0.376.54N/AN/A18,3926,880360,874251,551
2019-12-30$40.76$42.5028.6%8.4%23.9%42.2%29.8%1.1%0.7%9.1M-28.8M-2.6M0.245.96N/AN/A34,5888,253354,203245,990
2019-12-31$41.11$42.5027.4%7.9%24.0%37.0%27.7%0.6%1.0%11.8M-59.5M-2.6M0.667.03N/AN/A19,10112,544358,492249,817