OXY Options History — October 2020

In October 2020, OXY traded between $8.95 and $11.14. ATM implied volatility averaged 78.0%, placing in the 28.9% IV rank vs the trailing year. The 30-day expected move averaged 22.9%. IV traded above realized volatility by 17.0% (HV 20d: 60.9%). Max pain ranged from $10.00 to $15.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2020-10-28: Highest Volume — 149,440 contracts
  • 2020-10-28: Largest IV spike — 13.5% change
  • 2020-10-28: Highest IV Rank — 35.7%
  • 2020-10-30: Largest Expected Move — 29.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$10.02$8.95$11.14$9.61$9.10
Max Pain$13.50$10.00$15.00$10.00$13.00
ATM IV78.0%72.8%90.3%72.8%87.1%
Expected Move22.9%20.5%29.3%20.6%29.3%
HV 20d60.9%54.8%72.0%66.3%58.6%
HV 60d57.4%55.8%60.2%56.3%57.1%
IV Rank28.9%26.0%35.7%26.0%33.9%
IV Percentile62.9%57.4%76.1%57.8%74.1%
Term Structure0.3%-4.5%12.7%12.7%-0.1%
VWIV80.5%72.4%102.6%72.4%98.1%
Skew 25d1.6%-9.8%6.6%0.2%5.0%
Skew 10d1.7%-20.4%12.4%-0.5%12.4%
Call IV 25d78.7%73.7%92.0%73.7%87.0%
Put IV 25d80.3%66.7%98.4%73.9%92.0%
Bid-Ask Spread %3.331.8415.422.588.06
Gamma HHI0.100.070.220.070.13
Net GEX550.3K-263.3K2.3M381.7K35.6K
Net DEX22.5M-36.0M62.5M38.8M53.8M
Net VEX-886.6K-988.7K-775.2K-782.0K-977.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.122.360.220.34
Total Volume46,702.04518,223149,44042,19128,647
Total OI646,774.818544,626855,552589,648855,552

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-10-01$9.61$10.0072.8%20.6%66.3%26.0%72.4%0.2%12.7%381.7K38.8M-782.0K0.222.58N/AN/A34,4817,710385,382204,266
2020-10-02$9.85$10.0074.7%20.5%67.2%27.1%73.4%1.2%7.3%470.6K30.4M-822.3K0.712.85N/AN/A25,84418,238395,538207,414
2020-10-05$10.47$15.0075.4%22.3%72.0%27.5%77.6%-2.0%5.6%871.6K5.7M-891.7K0.352.92N/AN/A28,31210,003366,328214,076
2020-10-06$10.20$15.0073.7%22.6%63.6%26.6%80.0%2.4%0.2%757.3K17.7M-860.3K0.343.05N/AN/A28,0069,562369,375216,728
2020-10-07$10.22$15.0077.0%21.8%63.6%28.4%79.7%-0.4%2.1%770.7K19.2M-857.8K0.925.52N/AN/A16,75115,429377,695219,976
2020-10-08$11.14$14.0074.2%21.5%64.9%26.8%77.0%-1.9%-1.7%2.3M-36.0M-961.0K0.682.43N/AN/A55,53737,663383,171216,513
2020-10-09$10.78$14.0075.0%20.8%66.2%27.3%73.5%-9.8%4.1%908.8K-8.4M-910.9K0.372.47N/AN/A28,08010,459389,774216,761
2020-10-12$10.78$14.0076.6%21.0%66.2%28.1%74.2%1.7%-3.4%936.4K-4.9M-892.2K0.282.58N/AN/A17,0154,770373,583212,113
2020-10-13$10.53$14.0074.9%21.1%65.4%27.2%75.2%0.4%-1.4%866.1K5.2M-857.3K0.192.46N/AN/A23,7554,466379,200212,925
2020-10-14$10.51$14.0075.3%21.5%55.2%27.4%76.4%-0.0%-0.2%872.3K4.2M-868.1K0.362.11N/AN/A15,2975,493385,260214,477
2020-10-15$10.55$14.0075.9%21.4%54.8%27.8%75.9%-0.3%-1.6%872.3K4.7M-866.2K0.272.12N/AN/A20,4155,612385,436215,798
2020-10-16$10.12$14.0076.0%21.8%56.0%27.9%75.6%2.0%-0.2%588.6K21.5M-807.6K0.202.01N/AN/A24,2484,934391,292218,064
2020-10-19$9.86$14.0079.1%22.7%55.9%29.6%79.8%2.3%-2.9%248.3K27.8M-775.2K0.121.84N/AN/A92,11911,001351,445193,181
2020-10-20$10.12$14.0078.6%22.5%57.0%29.3%78.8%6.6%-4.5%733.6K20.6M-988.7K0.3415.42N/AN/A21,0867,126454,078251,083
2020-10-21$9.72$14.0077.7%22.3%55.2%28.8%80.2%4.3%-3.4%453.7K26.6M-834.6K0.212.04N/AN/A27,8595,764428,730204,159
2020-10-22$10.18$14.0076.2%22.0%57.8%28.0%76.9%4.3%-3.2%674.5K10.4M-879.7K2.362.09N/AN/A25,10259,290435,915206,222
2020-10-23$10.01$13.0077.2%22.3%56.7%28.5%77.7%3.6%-2.3%94.2K26.9M-961.3K1.511.94N/AN/A21,71332,766442,339261,898
2020-10-26$9.43$13.0081.3%24.9%59.9%30.7%86.4%5.2%-0.8%-194.9K55.2M-914.9K0.452.25N/AN/A34,74215,690434,092275,736
2020-10-27$9.30$13.0079.5%24.4%58.8%29.8%84.2%2.7%0.7%-263.3K58.3M-911.1K0.301.88N/AN/A14,0544,169449,852282,292
2020-10-28$8.95$13.0090.3%29.1%60.1%35.7%102.6%6.4%-1.1%-184.7K62.5M-904.6K0.282.62N/AN/A117,20332,237456,509284,221
2020-10-29$9.11$13.0086.5%27.8%59.4%33.6%96.4%1.8%0.1%-75.5K55.7M-980.2K0.322.08N/AN/A18,8225,975507,737302,860
2020-10-30$9.10$13.0087.1%29.3%58.6%33.9%98.1%5.0%-0.1%35.6K53.8M-977.7K0.348.06N/AN/A21,3597,288551,882303,670