OXY Options History — January 2020

In January 2020, OXY traded between $39.74 and $47.35. ATM implied volatility averaged 30.2%, placing in the 49.5% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 5.7% (HV 20d: 24.6%). Max pain ranged from $40.00 to $42.50. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.57.

Notable Days

  • 2020-01-06: Highest Volume — 104,647 contracts
  • 2020-01-17: Largest IV drop — 14.4% change
  • 2020-01-31: Highest IV Rank — 77.5%
  • 2020-01-31: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.90$39.74$47.35$42.55$39.74
Max Pain$42.26$40.00$42.50$42.50$42.50
ATM IV30.2%25.5%36.7%26.2%36.7%
Expected Move8.6%7.2%9.9%7.5%9.9%
HV 20d24.6%17.2%30.6%25.1%28.0%
HV 60d32.8%31.0%33.9%32.6%31.0%
IV Rank49.5%28.8%77.5%32.0%77.5%
IV Percentile56.7%17.5%92.5%19.8%92.5%
Term Structure1.2%-1.0%3.8%0.9%-0.2%
VWIV30.8%26.0%34.8%26.7%34.8%
Skew 25d0.7%-0.5%2.7%0.5%2.7%
Skew 10d1.5%-0.4%5.0%0.8%5.0%
Call IV 25d30.4%26.0%35.9%26.3%35.9%
Put IV 25d31.2%26.3%38.5%26.9%38.5%
Bid-Ask Spread %4.273.058.344.768.34
Gamma HHI0.120.090.170.170.09
Net GEX12.6M-896.7K24.6M15.6M-896.7K
Net DEX-324.9M-741.4M81.9M-230.9M81.9M
Net VEX-2.7M-2.8M-2.5M-2.6M-2.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.570.191.420.251.05
Total Volume41,649.09516,702104,64759,87229,219
Total OI565,570409,181709,826614,595460,939

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-01-02$42.55$42.5026.2%7.5%25.1%32.0%26.7%0.5%0.9%15.6M-230.9M-2.6M0.254.76N/AN/A47,80712,065362,138252,457
2020-01-03$43.57$42.5029.1%8.5%25.8%44.5%30.1%0.0%-0.1%15.2M-363.6M-2.6M0.193.51N/AN/A59,28411,421371,104254,646
2020-01-06$45.09$40.0031.1%9.4%26.6%53.2%33.8%0.2%1.8%16.3M-473.1M-2.6M0.334.23N/AN/A78,39526,252366,432250,674
2020-01-07$45.20$40.0030.4%9.5%25.9%50.1%34.6%-0.5%3.8%18.9M-502.5M-2.7M0.253.56N/AN/A44,13910,987389,474256,021
2020-01-08$45.02$42.5028.6%9.0%19.3%42.2%31.8%0.4%3.1%18.4M-484.4M-2.7M0.355.52N/AN/A42,15614,561399,706260,326
2020-01-09$45.20$42.5029.0%8.9%19.3%44.2%31.8%0.9%3.2%19.5M-502.3M-2.8M0.315.84N/AN/A27,3788,547411,395267,526
2020-01-10$45.89$42.5029.4%9.0%19.0%45.7%31.9%-0.2%3.1%24.6M-602.4M-2.7M0.404.20N/AN/A27,70911,116410,794270,182
2020-01-13$46.44$42.5030.6%8.8%18.8%51.1%31.4%0.3%-0.5%20.4M-618.2M-2.7M0.394.85N/AN/A28,15310,911401,178264,015
2020-01-14$47.35$42.5031.9%9.0%17.2%56.7%32.0%0.2%-1.0%23.6M-741.4M-2.8M0.383.24N/AN/A36,40713,882408,104267,013
2020-01-15$47.20$42.5031.3%8.8%17.9%54.3%31.9%0.8%-0.6%21.4M-710.0M-2.8M0.423.05N/AN/A29,04812,148414,894271,721
2020-01-16$46.76$42.5029.8%8.5%18.8%47.5%30.6%0.4%-0.3%21.3M-667.5M-2.8M0.814.70N/AN/A13,26210,732426,004273,928
2020-01-17$45.85$42.5025.5%7.2%21.5%28.8%26.0%0.3%-0.4%14.7M-546.2M-2.7M0.573.49N/AN/A26,21114,993429,844279,982
2020-01-21$44.47$42.5027.5%7.9%25.4%37.6%28.1%1.1%2.7%9.9M-229.3M-2.7M0.725.15N/AN/A16,96812,178249,841159,340
2020-01-22$43.27$42.5028.3%8.1%28.2%41.0%28.9%1.0%3.1%6.4M-125.3M-2.6M0.523.84N/AN/A25,22313,141250,035161,847
2020-01-23$42.58$42.5030.0%8.5%28.7%48.6%30.7%1.0%2.1%5.5M-86.4M-2.7M0.723.60N/AN/A20,28514,675263,464166,652
2020-01-24$42.09$42.5029.9%8.4%29.2%48.1%29.9%0.7%2.2%4.5M-61.0M-2.6M0.703.24N/AN/A14,2529,938275,014169,131
2020-01-27$41.27$42.5032.9%8.9%30.2%61.0%31.7%1.5%0.1%2.8M-12.3M-2.6M1.423.42N/AN/A12,05517,169266,664165,817
2020-01-28$41.33$42.5031.6%8.3%30.2%55.3%29.3%1.4%0.4%3.2M-18.2M-2.6M0.773.29N/AN/A9,4617,241270,138167,518
2020-01-29$40.58$42.5031.4%8.3%30.6%54.7%29.4%1.2%0.7%1.4M36.0M-2.5M0.443.57N/AN/A13,4545,920274,641168,709
2020-01-30$40.48$42.5033.7%8.8%30.4%64.8%31.8%1.3%0.3%1.5M34.5M-2.6M0.884.20N/AN/A19,06516,823278,563169,099
2020-01-31$39.74$42.5036.7%9.9%28.0%77.5%34.8%2.7%-0.2%-896.7K81.9M-2.6M1.058.34N/AN/A14,25614,963283,951176,988