OXY Options History — December 2020

In December 2020, OXY traded between $15.10 and $21.34. ATM implied volatility averaged 71.5%, placing in the 25.3% IV rank vs the trailing year. The 30-day expected move averaged 20.6%. IV traded below realized volatility by 20.1% (HV 20d: 91.6%). Max pain ranged from $11.00 to $15.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.32.

Notable Days

  • 2020-12-04: Highest Volume — 238,522 contracts
  • 2020-12-21: Largest IV spike — 5.8% change
  • 2020-12-10: Highest IV Rank — 28.1%
  • 2020-12-10: Largest Expected Move — 21.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$18.23$15.10$21.34$15.10$17.37
Max Pain$13.77$11.00$15.00$11.00$15.00
ATM IV71.5%67.0%76.4%69.2%67.0%
Expected Move20.6%18.7%21.9%20.7%18.7%
HV 20d91.6%81.3%108.5%102.7%81.3%
HV 60d82.5%79.0%84.4%81.4%83.5%
IV Rank25.3%22.8%28.1%24.1%22.8%
IV Percentile41.3%26.7%55.8%39.0%26.7%
Term Structure1.0%-1.2%3.5%1.6%-1.2%
VWIV74.1%66.9%77.5%76.4%66.9%
Skew 25d-2.2%-5.5%1.6%-0.9%0.3%
Skew 10d-2.2%-11.0%10.0%-2.6%-3.7%
Call IV 25d75.2%68.3%80.5%71.9%68.3%
Put IV 25d73.0%68.6%77.9%71.0%68.6%
Bid-Ask Spread %42.513.0067.654.3767.65
Gamma HHI0.130.110.170.110.15
Net GEX7.6M4.8M11.0M5.0M6.4M
Net DEX-453.0M-775.2M-261.2M-261.2M-308.5M
Net VEX-1.7M-1.9M-1.5M-1.5M-1.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.160.540.290.25
Total Volume91,079.22723,527238,52273,52427,548
Total OI810,857.727760,912869,266765,675798,146

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2020-12-01$15.10$11.0069.2%20.7%102.7%24.1%76.4%-0.9%1.6%5.0M-261.2M-1.5M0.294.37N/AN/A57,11316,411489,192276,483
2020-12-02$15.93$12.0071.9%21.1%103.1%25.5%75.5%-2.4%1.7%6.5M-336.4M-1.5M0.273.00N/AN/A77,28420,971503,767280,000
2020-12-03$16.30$12.0068.8%20.2%103.0%23.9%71.2%-0.7%2.8%7.8M-372.5M-1.5M0.165.75N/AN/A86,57713,902519,356285,731
2020-12-04$18.54$12.0071.1%20.4%108.5%25.1%72.0%0.7%0.6%7.9M-611.0M-1.7M0.1945.37N/AN/A200,93837,584530,409290,319
2020-12-07$18.22$13.0073.5%20.9%106.3%26.5%75.4%-3.4%-0.5%8.2M-518.7M-1.7M0.2642.42N/AN/A67,41817,679506,454279,550
2020-12-08$19.21$13.0073.4%21.1%86.2%26.4%74.2%-2.6%0.1%9.9M-617.7M-1.8M0.1842.30N/AN/A131,67323,324526,234286,606
2020-12-09$19.35$13.0074.6%21.5%86.2%27.0%76.1%-2.3%1.5%10.5M-602.2M-1.8M0.3443.31N/AN/A152,44452,056525,623289,423
2020-12-10$21.34$14.0076.4%21.9%86.5%28.1%77.1%-2.6%0.4%10.3M-775.2M-1.9M0.2345.86N/AN/A172,58239,371531,135312,632
2020-12-11$20.84$14.0074.8%21.4%84.1%27.1%75.9%-4.2%0.1%11.0M-700.7M-1.9M0.4246.29N/AN/A68,80829,181532,934327,591
2020-12-14$19.28$14.0073.0%21.0%92.1%26.2%75.6%-2.7%-0.1%7.9M-532.2M-1.8M0.4746.41N/AN/A75,31735,187520,159304,543
2020-12-15$19.80$14.0072.9%20.9%90.6%26.1%76.1%-2.8%0.2%9.2M-586.9M-1.9M0.3746.11N/AN/A66,28524,760534,222311,474
2020-12-16$19.41$14.0070.5%20.2%91.9%24.8%73.1%-1.9%3.5%9.0M-545.6M-1.8M0.5447.58N/AN/A21,73511,776538,139317,166
2020-12-17$19.16$14.0069.3%19.8%92.6%24.1%73.3%-4.7%1.4%9.0M-519.3M-1.8M0.4147.29N/AN/A28,92611,988541,755318,980
2020-12-18$18.53$14.0070.0%20.0%94.4%24.5%71.3%-1.8%1.7%5.9M-445.0M-1.8M0.4549.61N/AN/A42,08219,125547,501321,765
2020-12-21$17.46$14.0074.1%21.2%98.2%26.8%77.5%-4.8%0.7%5.3M-320.6M-1.7M0.4850.35N/AN/A50,35424,206481,956278,956
2020-12-22$16.91$15.0071.2%20.5%84.5%25.2%75.5%1.6%-0.0%4.8M-270.3M-1.6M0.2651.05N/AN/A33,2778,698491,821291,173
2020-12-23$18.05$15.0074.1%21.3%85.2%26.7%75.7%-5.5%1.0%6.0M-358.8M-1.7M0.1649.15N/AN/A81,76812,775490,160293,787
2020-12-24$17.59$15.0069.8%19.9%85.8%24.4%72.7%-3.3%3.3%6.2M-320.9M-1.7M0.2849.79N/AN/A33,8789,412524,357297,616
2020-12-28$17.44$15.0070.0%20.4%85.7%24.4%75.4%-2.0%0.1%6.1M-313.6M-1.6M0.2750.23N/AN/A38,41010,187492,309278,973
2020-12-29$17.29$15.0069.0%19.6%83.9%23.9%72.1%-0.5%1.6%6.2M-300.0M-1.6M0.3650.64N/AN/A17,2826,245500,790282,552
2020-12-30$17.85$15.0068.6%19.8%82.2%23.7%70.4%-1.0%1.5%7.6M-349.4M-1.6M0.3450.68N/AN/A35,33711,869504,143282,988
2020-12-31$17.37$15.0067.0%18.7%81.3%22.8%66.9%0.3%-1.2%6.4M-308.5M-1.5M0.2567.65N/AN/A22,0285,520513,571284,575