OXY Options History — May 2020

In May 2020, OXY traded between $13.01 and $15.36. ATM implied volatility averaged 89.5%, placing in the 35.3% IV rank vs the trailing year. The 30-day expected move averaged 25.9%. IV traded below realized volatility by 4.8% (HV 20d: 94.3%). Max pain ranged from $15.00 to $17.50. Net GEX was positive for 14 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.94.

Notable Days

  • 2020-05-06: Highest Volume — 133,175 contracts
  • 2020-05-13: Largest IV spike — 21.8% change
  • 2020-05-04: Highest IV Rank — 43.7%
  • 2020-05-01: Largest Expected Move — 33.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$14.38$13.01$15.36$15.23$13.01
Max Pain$15.13$15.00$17.50$17.50$15.00
ATM IV89.5%78.2%104.7%104.4%85.5%
Expected Move25.9%23.2%33.6%33.6%23.8%
HV 20d94.3%82.4%102.1%94.8%84.1%
HV 60d173.4%170.9%175.0%170.9%174.3%
IV Rank35.3%29.0%43.7%43.5%33.1%
IV Percentile82.1%77.4%86.5%86.5%81.0%
Term Structure1.1%-2.5%10.5%4.4%1.2%
VWIV92.1%81.3%125.1%125.1%85.1%
Skew 25d10.4%1.7%15.1%6.8%4.2%
Skew 10d23.6%4.5%49.0%31.1%4.5%
Call IV 25d86.8%76.8%108.3%104.2%85.6%
Put IV 25d97.2%85.1%115.0%111.0%89.8%
Bid-Ask Spread %7.403.2017.674.3115.47
Gamma HHI0.120.080.410.090.11
Net GEX-8.4K-4.6M1.6M685.9K-1.2M
Net DEX38.9M-5.6M106.3M8.2M72.7M
Net VEX-1.1M-1.3M-1.1M-1.3M-1.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.101.841.840.98
Total Volume66,155.6529,441133,17568,752130,686
Total OI847,547689,039953,278904,670865,212

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-05-01$15.23$17.50104.4%33.6%94.8%43.5%125.1%6.8%4.4%685.9K8.2M-1.3M1.844.31N/AN/A24,24644,506416,435488,235
2020-05-04$15.36$15.00104.7%29.7%94.8%43.7%104.2%13.4%-1.3%588.6K15.1M-1.2M1.363.20N/AN/A20,41127,748392,290457,966
2020-05-05$15.18$15.00100.6%28.1%93.9%41.4%101.6%6.7%10.5%346.9K27.2M-1.2M1.215.08N/AN/A33,52240,394399,093471,482
2020-05-06$13.53$15.00101.4%30.1%102.1%41.9%101.6%14.7%0.4%-1.3M103.2M-1.1M1.269.20N/AN/A58,83174,344407,306486,222
2020-05-07$13.82$15.0093.0%25.5%97.4%37.3%96.0%10.8%0.5%-1.2M84.0M-1.1M0.883.42N/AN/A33,92929,703423,310494,219
2020-05-08$14.97$15.0084.3%25.1%102.0%32.6%91.8%14.3%3.8%649.0K20.8M-1.2M0.897.71N/AN/A38,30934,195430,931504,686
2020-05-11$15.07$15.0082.3%24.4%102.0%31.4%88.5%11.7%2.1%627.9K20.0M-1.1M1.065.85N/AN/A14,27115,170418,974492,224
2020-05-12$14.78$15.0080.2%24.1%101.5%30.3%84.2%10.3%2.5%207.8K31.6M-1.1M1.105.40N/AN/A17,83719,633424,663497,569
2020-05-13$13.43$15.0097.7%27.5%101.8%39.9%99.4%10.4%-2.5%-2.4M106.3M-1.1M1.794.63N/AN/A28,24650,520427,980505,940
2020-05-14$13.68$15.0096.9%27.2%95.1%39.4%98.3%13.8%-2.4%-1.5M85.0M-1.1M0.936.42N/AN/A20,40219,040435,020511,824
2020-05-15$13.86$15.0091.8%26.2%91.0%36.6%94.1%11.9%-0.5%-4.6M84.0M-1.1M1.745.92N/AN/A24,99943,484437,923515,355
2020-05-18$15.10$15.0088.4%25.5%93.1%34.8%91.5%15.1%-0.5%1.1M-5.3M-1.2M0.799.95N/AN/A42,21333,329313,242375,797
2020-05-19$14.49$15.0086.3%24.7%93.9%33.6%84.1%15.0%-0.2%921.5K17.7M-1.2M0.645.56N/AN/A20,81113,385331,271393,298
2020-05-20$14.99$15.0082.7%23.7%92.3%31.7%82.6%14.2%0.2%1.6M-5.6M-1.2M0.446.26N/AN/A36,04915,811341,100399,062
2020-05-21$14.28$15.0084.6%24.2%91.7%32.7%82.7%10.2%1.0%1.0M23.1M-1.2M0.525.38N/AN/A25,93813,550359,939407,773
2020-05-22$14.14$15.0081.8%23.5%91.8%31.0%83.0%4.4%0.1%366.4K31.7M-1.2M0.636.82N/AN/A25,88416,363371,123414,375
2020-05-26$14.43$15.0082.8%23.6%91.7%31.5%85.5%11.1%2.1%1.5M12.8M-1.2M0.349.01N/AN/A34,32611,748358,972385,334
2020-05-27$14.39$15.0081.7%23.3%88.6%31.0%82.3%7.5%-0.7%1.6M10.6M-1.2M0.1010.80N/AN/A110,42810,987371,818392,206
2020-05-28$13.78$15.0078.2%23.2%82.4%29.0%81.3%1.7%1.4%881.1K34.5M-1.2M0.3917.67N/AN/A48,91918,946432,527398,244
2020-05-29$13.01$15.0085.5%23.8%84.1%33.1%85.1%4.2%1.2%-1.2M72.7M-1.1M0.9815.47N/AN/A65,87664,810455,193410,019