OXY Options History — February 2021

In February 2021, OXY traded between $20.48 and $28.27. ATM implied volatility averaged 74.9%, placing in the 21.1% IV rank vs the trailing year. The 30-day expected move averaged 21.4%. IV traded above realized volatility by 2.5% (HV 20d: 72.4%). Max pain ranged from $18.00 to $23.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 7 of 19 days. Put/call ratio averaged 0.28.

Notable Days

2021-02-08: Highest Volume — 108,679 contracts
2021-02-02: Largest IV drop — 6.8% change
2021-02-01: Highest IV Rank — 26.9%
2021-02-01: Largest Expected Move — 23.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$24.86	$20.48	$28.27	$20.48	$26.88
Max Pain	$21.58	$18.00	$23.00	$18.00	$23.00
ATM IV	74.9%	69.8%	81.9%	81.9%	74.0%
Expected Move	21.4%	20.1%	23.3%	23.3%	21.6%
HV 20d	72.4%	62.5%	86.0%	82.5%	68.3%
HV 60d	81.4%	75.4%	89.1%	89.1%	76.9%
IV Rank	21.1%	14.6%	26.9%	26.9%	14.6%
IV Percentile	46.7%	28.7%	65.3%	65.3%	40.6%
Term Structure	-0.2%	-2.0%	2.6%	1.0%	-1.2%
VWIV	77.0%	74.4%	83.4%	83.4%	76.2%
Skew 25d	-3.1%	-6.4%	-0.1%	-3.5%	-1.1%
Skew 10d	-4.9%	-8.8%	1.2%	-4.1%	-7.1%
Call IV 25d	78.5%	72.7%	87.0%	87.0%	77.3%
Put IV 25d	75.4%	72.4%	83.5%	83.5%	76.2%
Bid-Ask Spread %	8.38	4.25	19.97	12.69	6.33
Gamma HHI	0.13	0.11	0.17	0.11	0.14
Net GEX	8.9M	3.8M	11.7M	3.8M	9.7M
Net DEX	-559.6M	-720.8M	-286.1M	-286.1M	-577.0M
Net VEX	-2.4M	-2.5M	-2.0M	-2.0M	-2.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.28	0.15	0.56	0.23	0.56
Total Volume	61,865.842	32,249	108,679	32,249	55,596
Total OI	658,454.947	545,406	738,833	595,770	602,595

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2021-02-01	$20.48	$18.00	81.9%	23.3%	82.5%	26.9%	83.4%	-3.5%	1.0%	3.8M	-286.1M	-2.0M	0.23	12.69	N/A	N/A	26,126	6,123	391,505	204,265
2021-02-02	$20.71	$18.00	76.4%	21.6%	82.5%	23.7%	78.3%	-1.2%	2.6%	4.6M	-304.4M	-2.0M	0.25	19.97	N/A	N/A	31,667	7,798	406,344	206,714
2021-02-03	$21.99	$18.00	76.0%	21.5%	77.6%	23.5%	75.2%	-2.2%	-0.7%	6.8M	-394.3M	-2.1M	0.21	11.45	N/A	N/A	75,737	15,849	420,975	211,411
2021-02-04	$22.21	$22.00	72.7%	21.0%	77.0%	21.5%	74.4%	-1.9%	-0.3%	8.3M	-422.3M	-2.3M	0.21	6.80	N/A	N/A	28,219	5,897	456,531	222,204
2021-02-05	$22.51	$22.00	69.8%	20.1%	76.1%	19.9%	75.4%	-0.1%	-1.5%	7.2M	-444.5M	-2.3M	0.25	7.79	N/A	N/A	53,570	13,279	465,602	224,464
2021-02-08	$25.38	$22.00	74.1%	21.3%	85.2%	22.2%	75.6%	-5.0%	0.6%	10.7M	-654.8M	-2.4M	0.19	6.21	N/A	N/A	91,569	17,110	458,880	224,532
2021-02-09	$24.80	$22.00	73.6%	21.0%	86.0%	21.3%	75.4%	-2.5%	-0.6%	9.9M	-591.5M	-2.4M	0.25	6.65	N/A	N/A	43,144	10,978	461,595	231,573
2021-02-10	$25.47	$22.00	72.9%	21.2%	75.8%	20.9%	77.3%	-4.1%	0.2%	11.3M	-656.0M	-2.4M	0.15	5.43	N/A	N/A	52,357	8,040	469,800	236,481
2021-02-11	$24.85	$22.00	73.9%	21.0%	76.3%	21.4%	75.5%	-3.8%	-1.8%	10.6M	-593.0M	-2.4M	0.37	10.75	N/A	N/A	34,106	12,535	471,842	240,350
2021-02-12	$25.41	$22.00	74.0%	21.0%	71.1%	21.5%	75.5%	-3.4%	-1.8%	10.0M	-656.4M	-2.4M	0.32	8.55	N/A	N/A	41,017	13,034	478,507	244,252
2021-02-16	$26.48	$22.00	75.4%	21.7%	64.9%	22.3%	77.0%	-4.0%	-0.6%	10.9M	-704.7M	-2.4M	0.28	8.20	N/A	N/A	58,981	16,323	459,581	235,310
2021-02-17	$26.66	$22.00	75.7%	21.7%	64.2%	22.5%	76.6%	-3.4%	1.1%	11.5M	-720.8M	-2.5M	0.30	5.53	N/A	N/A	32,997	9,824	476,769	243,646
2021-02-18	$25.38	$22.00	75.0%	21.5%	67.1%	22.1%	77.3%	-2.9%	1.3%	8.6M	-616.2M	-2.4M	0.36	9.42	N/A	N/A	33,622	12,083	483,090	244,064
2021-02-19	$25.53	$22.00	74.6%	21.2%	62.5%	21.4%	75.4%	-4.1%	0.9%	6.6M	-627.3M	-2.4M	0.17	10.14	N/A	N/A	48,270	8,023	488,777	250,056
2021-02-22	$26.37	$22.00	75.7%	21.7%	62.8%	21.6%	77.5%	-4.1%	-2.0%	8.5M	-556.3M	-2.5M	0.32	7.73	N/A	N/A	52,698	17,056	395,367	150,039
2021-02-23	$26.09	$23.00	73.9%	20.8%	63.2%	18.9%	76.7%	-3.6%	-0.3%	8.9M	-529.0M	-2.5M	0.22	4.77	N/A	N/A	54,229	11,830	410,417	159,259
2021-02-24	$28.27	$23.00	77.6%	21.9%	63.9%	18.1%	80.1%	-6.4%	-0.3%	11.7M	-714.3M	-2.5M	0.27	4.25	N/A	N/A	85,715	22,852	422,049	160,757
2021-02-25	$26.86	$23.00	75.8%	22.0%	68.2%	16.2%	79.7%	-0.8%	-0.3%	10.2M	-584.4M	-2.5M	0.42	6.52	N/A	N/A	47,391	19,806	433,035	168,006
2021-02-26	$26.88	$23.00	74.0%	21.6%	68.3%	14.6%	76.2%	-1.1%	-1.2%	9.7M	-577.0M	-2.5M	0.56	6.33	N/A	N/A	35,557	20,039	431,995	170,600