OXY Options History — November 2020

In November 2020, OXY traded between $9.65 and $16.81. ATM implied volatility averaged 71.2%, placing in the 25.2% IV rank vs the trailing year. The 30-day expected move averaged 21.1%. IV traded below realized volatility by 13.9% (HV 20d: 85.0%). Max pain ranged from $9.00 to $13.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 12 of 20 days. Put/call ratio averaged 0.36.

Notable Days

  • 2020-11-23: Highest Volume — 233,338 contracts
  • 2020-11-04: Largest IV drop — 14.1% change
  • 2020-11-03: Highest IV Rank — 33.2%
  • 2020-11-03: Largest Expected Move — 28.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$12.81$9.65$16.81$9.65$15.82
Max Pain$10.55$9.00$13.00$13.00$11.00
ATM IV71.2%62.9%85.7%85.6%69.4%
Expected Move21.1%18.3%28.0%27.1%21.1%
HV 20d85.0%54.2%100.0%58.2%100.0%
HV 60d70.9%55.9%80.8%58.8%80.8%
IV Rank25.2%20.6%33.2%33.1%24.2%
IV Percentile45.0%30.3%72.5%72.5%39.8%
Term Structure0.2%-2.4%4.1%0.2%2.1%
VWIV75.7%65.4%98.4%95.4%79.0%
Skew 25d1.6%-4.9%5.4%3.4%-0.9%
Skew 10d5.0%-0.7%10.7%6.7%6.5%
Call IV 25d73.3%64.7%86.6%86.6%73.4%
Put IV 25d74.9%66.7%91.1%90.0%72.5%
Bid-Ask Spread %5.172.7022.0122.013.40
Gamma HHI0.130.100.230.110.12
Net GEX3.7M687.2K7.8M708.2K5.7M
Net DEX-166.4M-439.0M22.2M18.9M-323.5M
Net VEX-1.3M-1.6M-1.0M-1.1M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.360.150.810.190.43
Total Volume75,544.826,241233,33850,80655,373
Total OI828,634.95695,581887,014827,769746,441

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-11-02$9.65$13.0085.6%27.1%58.2%33.1%95.4%3.4%0.2%708.2K18.9M-1.1M0.1922.01N/AN/A42,5348,272537,043290,726
2020-11-03$9.72$13.0085.7%28.0%57.7%33.2%98.4%4.9%0.2%687.2K21.5M-1.1M0.157.68N/AN/A27,6504,241537,043290,726
2020-11-04$9.84$12.0073.6%24.0%58.0%26.5%87.4%3.5%4.1%994.7K22.2M-1.0M0.193.25N/AN/A22,1394,102559,228293,188
2020-11-05$10.51$9.0078.2%22.4%54.2%29.0%78.3%5.4%0.1%1.8M-16.8M-1.1M0.293.83N/AN/A33,2969,632563,033292,636
2020-11-06$10.03$10.0079.8%22.8%55.4%29.9%79.7%2.8%-2.1%3.0M10.5M-1.0M0.203.92N/AN/A33,2176,782560,114294,025
2020-11-09$12.24$10.0072.6%21.6%90.9%26.0%76.4%-4.9%1.2%3.0M-136.2M-1.3M0.2812.07N/AN/A128,62636,596557,541288,052
2020-11-10$12.32$10.0073.7%21.4%90.2%26.6%76.4%3.0%0.8%3.4M-143.7M-1.3M0.244.47N/AN/A64,57815,584581,583295,592
2020-11-11$11.81$10.0066.1%19.0%91.9%22.4%69.3%2.2%0.2%2.6M-93.2M-1.2M0.543.56N/AN/A32,23217,367556,359294,954
2020-11-12$11.26$10.0068.9%20.3%93.8%23.9%72.3%1.5%3.6%1.8M-50.6M-1.1M0.684.11N/AN/A21,78414,809562,074298,344
2020-11-13$11.82$10.0066.5%18.9%93.6%22.6%67.2%2.1%-0.8%2.4M-89.9M-1.2M0.643.66N/AN/A26,77617,153564,286298,911
2020-11-16$12.66$10.0064.2%18.6%95.1%21.4%66.5%4.5%-2.2%3.5M-144.5M-1.2M0.353.15N/AN/A34,56212,011539,194291,088
2020-11-17$12.90$10.0066.1%19.0%95.0%22.4%67.4%1.5%2.7%4.2M-166.4M-1.2M0.343.12N/AN/A32,11910,886546,789292,251
2020-11-18$13.03$10.0065.6%18.8%92.9%22.1%68.3%0.2%2.0%4.8M-185.1M-1.2M0.434.10N/AN/A83,50435,814556,295292,231
2020-11-19$13.35$10.0065.5%18.7%92.3%22.0%69.8%0.1%0.6%4.6M-199.2M-1.3M0.423.76N/AN/A28,86312,027567,457313,902
2020-11-20$13.51$10.0062.9%18.3%91.6%20.6%65.4%2.0%-2.4%3.7M-211.8M-1.3M0.352.78N/AN/A41,06114,554569,547317,467
2020-11-23$15.72$10.0069.4%20.1%99.1%24.2%72.8%0.6%-2.0%5.8M-350.8M-1.4M0.276.21N/AN/A184,01749,321443,494252,087
2020-11-24$16.64$11.0068.7%19.9%98.6%23.8%72.5%-1.1%-0.6%7.8M-432.4M-1.5M0.212.70N/AN/A173,76237,166469,640267,608
2020-11-25$16.81$11.0071.1%20.6%95.6%25.1%75.0%1.4%-1.6%7.5M-439.0M-1.6M0.282.73N/AN/A77,30221,417498,391282,822
2020-11-27$16.55$11.0069.8%20.4%97.0%24.4%75.8%0.2%-1.1%6.2M-417.7M-1.6M0.812.89N/AN/A22,01517,752517,580292,957
2020-11-30$15.82$11.0069.4%21.1%100.0%24.2%79.0%-0.9%2.1%5.7M-323.5M-1.5M0.433.40N/AN/A38,63016,743477,074269,367