OXY Options History — July 2021

In July 2021, OXY traded between $24.70 and $32.81. ATM implied volatility averaged 56.2%, placing in the 21.0% IV rank vs the trailing year. The 30-day expected move averaged 16.0%. IV traded below realized volatility by 3.1% (HV 20d: 59.3%). Max pain ranged from $26.00 to $30.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.34.

Notable Days

  • 2021-07-14: Highest Volume — 114,783 contracts
  • 2021-07-19: Largest IV spike — 11.7% change
  • 2021-07-19: Highest IV Rank — 35.7%
  • 2021-07-19: Largest Expected Move — 17.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$28.12$24.70$32.81$32.81$26.15
Max Pain$26.95$26.00$30.00$30.00$27.00
ATM IV56.2%50.7%62.0%52.4%57.0%
Expected Move16.0%14.1%17.6%14.6%16.2%
HV 20d59.3%51.7%64.9%52.0%56.6%
HV 60d56.2%52.6%58.7%53.0%57.6%
IV Rank21.0%7.2%35.7%10.0%24.4%
IV Percentile18.7%5.6%31.0%8.4%22.2%
Term Structure0.3%-0.9%2.8%2.8%-0.3%
VWIV57.3%50.1%63.0%52.5%58.2%
Skew 25d-0.1%-4.9%4.0%-4.9%0.3%
Skew 10d-0.1%-12.5%8.9%-8.5%1.6%
Call IV 25d58.1%52.9%61.6%56.7%58.6%
Put IV 25d58.0%50.2%65.7%51.8%58.9%
Bid-Ask Spread %4.053.266.454.933.73
Gamma HHI0.110.080.180.130.09
Net GEX10.6M3.1M22.7M20.5M8.2M
Net DEX-502.8M-1.02B-197.7M-1.02B-348.3M
Net VEX-3.2M-3.4M-2.9M-3.4M-3.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.340.190.720.220.26
Total Volume56,520.8126,935114,783106,46246,334
Total OI800,470.81748,103852,116791,010816,922

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-07-01$32.81$30.0052.4%14.6%52.0%10.0%52.5%-4.9%2.8%20.5M-1.02B-3.4M0.224.93N/AN/A87,06619,396539,358251,652
2021-07-02$32.73$30.0050.7%14.1%51.7%7.2%50.1%-2.7%2.8%22.7M-1.01B-3.4M0.264.24N/AN/A53,18414,033548,208258,342
2021-07-06$30.57$26.0054.9%15.9%58.1%14.1%55.8%-2.0%1.7%12.3M-708.9M-3.4M0.354.49N/AN/A49,00016,981517,762241,924
2021-07-07$29.54$26.0055.7%15.8%59.5%15.3%56.1%-0.7%2.0%10.2M-589.4M-3.4M0.194.63N/AN/A59,57011,236537,717253,965
2021-07-08$29.56$26.0057.5%16.3%58.5%18.3%58.3%-0.2%-0.7%10.9M-602.3M-3.4M0.374.07N/AN/A44,17416,151551,864256,952
2021-07-09$30.15$26.0055.8%15.7%58.8%15.5%56.7%-0.1%-0.8%14.4M-674.8M-3.4M0.364.42N/AN/A31,62211,295560,021264,474
2021-07-12$30.06$26.0055.0%15.5%58.8%19.8%56.0%-1.0%-0.9%12.4M-659.8M-3.4M0.473.28N/AN/A22,01110,264532,259259,655
2021-07-13$30.06$26.0055.2%15.6%58.7%20.3%55.2%-0.4%-0.5%13.0M-658.6M-3.4M0.194.74N/AN/A36,7567,034538,245265,477
2021-07-14$27.69$26.0055.2%15.6%64.9%20.2%56.4%0.7%-0.7%5.5M-383.9M-3.2M0.223.60N/AN/A94,33620,447557,627267,933
2021-07-15$27.15$27.0054.0%15.4%61.9%17.6%54.5%0.8%-0.4%4.3M-322.5M-3.1M0.433.77N/AN/A35,94515,518558,100279,558
2021-07-16$25.90$27.0055.5%15.8%58.0%21.0%56.6%0.8%-0.5%3.1M-197.7M-3.0M0.383.59N/AN/A58,89822,198568,994283,122
2021-07-19$24.70$27.0062.0%17.6%60.0%35.7%63.0%4.0%-0.8%5.2M-203.2M-2.9M0.353.77N/AN/A63,11722,100504,879243,224
2021-07-20$25.45$27.0057.1%16.3%59.0%24.4%61.2%1.9%0.7%6.8M-269.4M-3.1M0.463.63N/AN/A35,60216,435524,613253,338
2021-07-21$27.31$27.0057.6%16.5%64.6%25.6%58.5%0.4%0.9%11.6M-465.6M-3.3M0.373.27N/AN/A53,35719,715540,824253,568
2021-07-22$27.12$27.0056.3%16.1%62.3%22.7%57.5%0.6%0.4%11.6M-440.9M-3.3M0.723.58N/AN/A15,63311,302556,783260,586
2021-07-23$26.59$27.0056.0%16.0%61.9%22.0%57.1%0.7%0.8%9.5M-378.6M-3.3M0.473.46N/AN/A20,8469,709561,000260,507
2021-07-26$27.06$27.0058.2%16.7%60.4%27.0%59.2%0.0%-0.8%10.5M-434.5M-3.2M0.233.26N/AN/A23,2135,264525,972244,227
2021-07-27$26.21$27.0059.5%17.1%59.1%29.9%62.7%0.9%-0.5%9.0M-356.5M-3.1M0.293.51N/AN/A29,1098,403530,743247,186
2021-07-28$26.88$27.0057.8%16.4%60.1%26.1%59.3%0.0%0.8%11.0M-418.1M-3.2M0.276.45N/AN/A32,4728,701539,527250,592
2021-07-29$26.80$27.0056.4%16.0%60.1%22.9%58.7%-0.1%-0.7%10.8M-416.0M-3.2M0.364.61N/AN/A20,9027,608547,242254,945
2021-07-30$26.15$27.0057.0%16.2%56.6%24.4%58.2%0.3%-0.3%8.2M-348.3M-3.1M0.263.73N/AN/A36,6539,681560,212256,710