OXY Options History — September 2020

In September 2020, OXY traded between $9.97 and $12.48. ATM implied volatility averaged 69.8%, placing in the 24.4% IV rank vs the trailing year. The 30-day expected move averaged 20.1%. IV traded above realized volatility by 13.0% (HV 20d: 56.8%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 13 of 21 days. Put/call ratio averaged 0.39.

Notable Days

  • 2020-09-16: Highest Volume — 122,400 contracts
  • 2020-09-09: Largest IV drop — 8.9% change
  • 2020-09-08: Highest IV Rank — 28.6%
  • 2020-09-08: Largest Expected Move — 21.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$11.06$9.97$12.48$12.41$9.97
Max Pain$11.95$10.00$15.00$15.00$10.00
ATM IV69.8%65.8%77.4%66.3%69.0%
Expected Move20.1%18.8%21.9%18.9%19.3%
HV 20d56.8%44.7%66.1%46.5%65.7%
HV 60d57.5%53.2%67.0%67.0%56.2%
IV Rank24.4%22.2%28.6%22.5%24.0%
IV Percentile55.4%51.8%63.3%55.8%52.2%
Term Structure0.7%-5.0%7.1%-2.3%6.4%
VWIV71.7%66.3%77.2%66.3%69.4%
Skew 25d1.2%-2.9%4.0%2.4%1.7%
Skew 10d0.5%-11.0%13.4%1.6%2.5%
Call IV 25d71.2%66.0%78.4%66.0%70.3%
Put IV 25d72.4%68.4%78.8%68.4%72.0%
Bid-Ask Spread %3.692.459.032.772.45
Gamma HHI0.120.070.200.140.08
Net GEX841.0K-27.3K2.6M455.7K705.6K
Net DEX23.6M-24.7M70.5M26.9M26.6M
Net VEX-831.9K-1.0M-675.5K-799.6K-822.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.390.201.310.770.20
Total Volume52,485.66726,124122,40040,64230,359
Total OI529,646.571449,351612,964449,351583,793

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-09-01$12.41$15.0066.3%18.9%46.5%22.5%66.3%2.4%-2.3%455.7K26.9M-799.6K0.772.77N/AN/A22,90917,733306,025143,326
2020-09-02$12.39$15.0066.5%19.6%45.6%22.6%68.7%-0.5%0.4%579.2K23.0M-830.5K0.212.66N/AN/A24,9935,213315,063146,876
2020-09-03$12.48$13.0070.8%21.1%45.7%25.0%73.1%-0.2%0.3%922.6K15.0M-850.6K0.254.02N/AN/A26,5216,651324,529149,653
2020-09-04$12.28$13.0072.3%20.7%45.6%25.8%73.8%3.2%0.6%739.9K21.1M-828.8K0.507.65N/AN/A26,83613,541328,875149,801
2020-09-08$11.10$13.0077.4%21.9%48.1%28.6%77.2%0.4%-0.4%138.1K51.5M-703.1K0.562.82N/AN/A55,31430,810314,073147,988
2020-09-09$11.12$13.0070.5%20.5%44.7%24.8%71.6%1.2%1.9%256.5K47.6M-767.9K0.453.34N/AN/A29,83613,320339,682160,719
2020-09-10$10.28$12.0071.6%20.3%49.9%25.4%72.7%0.7%-1.1%-27.3K70.5M-675.5K0.313.49N/AN/A48,19314,874352,399167,708
2020-09-11$10.22$12.0071.1%20.1%50.1%25.1%73.3%2.6%-3.4%103.2K66.9M-714.0K0.543.02N/AN/A41,71022,452371,498175,299
2020-09-14$10.22$12.0065.8%18.8%49.8%22.2%67.3%2.5%2.6%101.3K64.2M-722.8K0.272.98N/AN/A50,12713,775358,991178,616
2020-09-15$10.62$12.0066.1%19.0%52.0%22.4%68.4%-0.4%-2.0%1.2M41.4M-813.7K0.232.86N/AN/A52,30012,045386,718183,022
2020-09-16$11.66$11.0067.3%19.3%64.2%23.0%69.9%-0.6%1.8%1.7M-8.1M-938.1K0.235.66N/AN/A99,75622,644391,665183,933
2020-09-17$11.82$11.0069.3%19.9%64.7%24.1%74.7%-1.8%-0.8%2.6M-24.7M-1.0M0.209.03N/AN/A50,64310,034410,742188,659
2020-09-18$11.55$11.0067.6%19.2%64.7%23.2%72.0%-2.9%0.9%1.5M-7.8M-969.6K0.253.39N/AN/A40,72010,236422,045190,919
2020-09-21$11.22$12.0069.6%20.6%64.7%24.3%73.0%3.2%0.7%1.5M-16.2M-939.2K0.283.29N/AN/A30,4598,406344,565153,242
2020-09-22$11.11$11.0068.8%20.1%62.9%23.9%71.1%2.6%1.0%1.5M-8.5M-899.4K0.343.01N/AN/A19,4746,650354,754156,759
2020-09-23$10.49$11.0074.8%21.2%65.0%27.2%76.4%1.8%-5.0%958.1K14.4M-842.0K0.273.51N/AN/A28,5167,710362,360159,380
2020-09-24$10.61$11.0071.2%21.0%64.9%25.2%74.3%4.0%-0.2%1.2M12.4M-847.5K1.313.31N/AN/A31,22740,766373,622162,572
2020-09-25$10.23$11.0071.0%20.7%65.5%25.1%72.8%2.3%1.4%369.3K29.4M-834.3K0.502.76N/AN/A39,08819,404373,249192,533
2020-09-28$10.39$11.0068.0%18.9%65.6%23.4%68.7%2.2%7.1%633.2K19.7M-849.8K0.262.87N/AN/A28,7087,490354,046197,066
2020-09-29$10.01$11.0070.6%20.1%66.1%24.9%70.7%0.8%5.1%490.7K29.4M-814.9K0.272.62N/AN/A32,0058,751366,203199,610
2020-09-30$9.97$10.0069.0%19.3%65.7%24.0%69.4%1.7%6.4%705.6K26.6M-822.9K0.202.45N/AN/A25,3714,988381,552202,241