OXY Options History — April 2020

In April 2020, OXY traded between $10.64 and $16.63. ATM implied volatility averaged 134.9%, placing in the 60.3% IV rank vs the trailing year. The 30-day expected move averaged 38.2%. IV traded below realized volatility by 10.2% (HV 20d: 145.1%). Max pain ranged from $12.50 to $30.00. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.91.

Notable Days

  • 2020-04-09: Highest Volume — 264,008 contracts
  • 2020-04-08: Largest IV drop — 16.8% change
  • 2020-04-03: Highest IV Rank — 86.1%
  • 2020-04-02: Largest Expected Move — 46.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$13.93$10.64$16.63$10.64$16.62
Max Pain$23.93$12.50$30.00$12.50$17.50
ATM IV134.9%95.2%181.7%160.4%100.2%
Expected Move38.2%29.3%46.8%46.7%31.4%
HV 20d145.1%107.1%274.0%260.1%107.1%
HV 60d165.3%155.8%170.7%155.8%170.7%
IV Rank60.3%38.5%86.1%74.7%41.3%
IV Percentile90.6%86.1%98.0%96.0%86.1%
Term Structure-5.9%-48.8%53.9%53.9%-5.6%
VWIV138.7%107.1%171.6%171.6%112.4%
Skew 25d13.2%-130.6%93.9%9.1%13.9%
Skew 10d36.2%-113.9%138.8%137.2%33.4%
Call IV 25d128.7%91.6%214.4%178.6%93.4%
Put IV 25d141.8%20.9%228.7%187.7%107.3%
Bid-Ask Spread %7.144.0617.518.044.58
Gamma HHI0.100.060.410.090.09
Net GEX846.4K-974.9K5.6M-141.7K1.9M
Net DEX25.3M-57.2M99.0M78.1M-57.2M
Net VEX-1.1M-1.3M-765.8K-765.8K-1.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.910.262.040.790.79
Total Volume103,509.71451,759264,00871,25068,999
Total OI808,217.19686,556907,471686,556887,661

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-04-01$10.64$12.50160.4%46.7%260.1%74.7%171.6%9.1%53.9%-141.7K78.1M-765.8K0.798.04N/AN/A39,80131,449368,869317,687
2020-04-02$12.82$30.00177.3%46.8%274.0%83.8%168.6%-32.8%-20.6%1.0M23.1M-943.5K0.619.87N/AN/A90,95255,860374,909320,121
2020-04-03$12.81$30.00181.7%46.4%271.1%86.1%165.5%60.3%-6.8%369.8K25.8M-950.8K0.6917.51N/AN/A103,08170,872391,442344,080
2020-04-06$13.43$30.00156.9%42.7%148.1%72.8%157.0%1.6%-12.0%677.9K34.4M-999.7K0.6110.09N/AN/A38,95523,759369,868354,178
2020-04-07$14.01$30.00175.3%40.2%148.7%82.5%152.2%3.7%-15.7%977.8K16.0M-1.0M0.449.65N/AN/A70,93031,416378,893362,810
2020-04-08$15.24$30.00145.8%39.8%133.7%66.4%136.6%93.9%-48.8%1.4M-10.0M-1.1M0.265.87N/AN/A91,18523,779373,305372,912
2020-04-09$15.34$30.00138.0%40.7%133.1%62.0%140.6%-130.6%-9.1%1.2M-41.7M-1.2M0.5617.51N/AN/A169,24094,768408,774381,142
2020-04-13$15.44$27.50135.2%38.4%127.6%60.5%137.0%25.6%-3.5%1.5M-12.6M-1.2M0.494.79N/AN/A44,24321,596406,792382,080
2020-04-14$14.93$27.50123.7%35.3%125.8%54.1%125.5%24.0%-3.4%1.3M9.0M-1.1M1.414.45N/AN/A39,94456,189417,737385,097
2020-04-15$13.60$25.00135.2%38.8%125.6%60.4%142.4%22.1%-11.8%-87.5K56.4M-1.1M2.044.72N/AN/A48,950100,007425,284421,614
2020-04-16$12.32$25.00133.9%38.5%125.6%59.7%145.5%20.2%-1.9%-974.9K99.0M-1.0M1.244.72N/AN/A27,32333,828435,959461,419
2020-04-17$13.34$25.00129.6%37.8%127.9%57.3%141.4%23.3%-10.0%30.1K55.0M-1.1M1.414.06N/AN/A39,01655,037443,597463,874
2020-04-20$12.64$25.00139.6%41.9%129.3%62.8%153.9%21.6%5.9%-219.8K69.9M-1.1M1.826.49N/AN/A47,78586,813362,810403,765
2020-04-21$12.28$22.50142.9%41.1%128.2%64.6%147.5%18.3%-35.4%-684.3K81.0M-1.1M1.004.19N/AN/A47,14547,260382,387445,571
2020-04-22$13.06$20.00125.9%36.2%127.7%55.3%133.7%20.8%-7.7%-161.1K61.9M-1.2M0.454.21N/AN/A42,99219,224396,112462,427
2020-04-23$13.93$20.00120.0%34.6%113.0%52.1%127.7%21.7%0.7%774.6K34.0M-1.2M0.544.07N/AN/A81,00943,627396,668461,486
2020-04-24$13.94$20.00111.0%32.4%113.0%47.1%123.9%17.5%-1.8%5.6M29.1M-1.2M1.335.27N/AN/A36,74248,760419,743453,860
2020-04-27$14.24$20.00104.1%32.1%109.2%43.4%112.0%16.8%6.9%366.9K35.8M-1.2M0.658.25N/AN/A31,36720,392388,901441,052
2020-04-28$15.19$17.5095.2%30.2%107.7%38.5%107.1%11.6%6.5%1.2M-2.1M-1.2M1.055.56N/AN/A27,85129,369396,685448,562
2020-04-29$16.63$17.5099.8%29.3%110.9%41.0%110.4%13.6%-3.5%1.8M-53.0M-1.3M0.905.99N/AN/A48,46543,724401,765460,663
2020-04-30$16.62$17.50100.2%31.4%107.1%41.3%112.4%13.9%-5.6%1.9M-57.2M-1.3M0.794.58N/AN/A38,61630,383410,303477,358