OXY Options History — August 2021

In August 2021, OXY traded between $21.98 and $26.88. ATM implied volatility averaged 51.5%, placing in the 11.7% IV rank vs the trailing year. The 30-day expected move averaged 14.6%. IV traded above realized volatility by 2.5% (HV 20d: 49.0%). Max pain ranged from $25.00 to $27.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.42.

Notable Days

  • 2021-08-19: Highest Volume — 111,807 contracts
  • 2021-08-19: Largest IV spike — 10.6% change
  • 2021-08-02: Highest IV Rank — 25.3%
  • 2021-08-02: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$25.07$21.98$26.88$25.86$25.71
Max Pain$26.23$25.00$27.00$27.00$25.00
ATM IV51.5%48.4%57.4%57.4%49.2%
Expected Move14.6%13.5%16.7%16.7%13.6%
HV 20d49.0%34.9%56.5%56.5%54.0%
HV 60d54.4%52.2%57.6%57.6%54.6%
IV Rank11.7%4.8%25.3%25.3%6.5%
IV Percentile8.8%1.2%26.6%25.4%3.6%
Term Structure0.1%-1.8%1.2%-1.8%0.6%
VWIV52.0%48.3%60.5%60.5%48.7%
Skew 25d2.6%0.5%7.0%1.5%2.2%
Skew 10d4.1%-28.0%13.7%2.1%3.8%
Call IV 25d51.8%48.8%58.6%58.6%49.8%
Put IV 25d54.4%50.0%62.1%60.2%52.0%
Bid-Ask Spread %4.663.199.774.145.67
Gamma HHI0.110.100.140.100.11
Net GEX7.6M1.8M12.3M8.2M9.7M
Net DEX-239.0M-376.9M52.0M-318.2M-328.9M
Net VEX-2.7M-3.0M-2.2M-2.9M-2.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.420.210.790.370.28
Total Volume42,795.13622,631111,80735,75734,394
Total OI783,101.227674,931864,032779,672731,107

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2021-08-02$25.86$27.0057.4%16.7%56.5%25.3%60.5%1.5%-1.8%8.2M-318.2M-2.9M0.374.14N/AN/A26,0959,662529,824249,848
2021-08-03$26.30$27.0057.0%16.6%53.2%24.4%59.8%2.1%-0.6%9.3M-356.7M-3.0M0.603.58N/AN/A30,13117,999539,223253,591
2021-08-04$25.82$27.0053.9%14.8%52.4%17.1%53.2%3.5%-0.6%8.1M-290.9M-2.9M0.429.77N/AN/A42,42717,712546,956257,694
2021-08-05$26.20$27.0052.4%15.0%52.9%13.8%52.5%0.5%-0.7%9.4M-333.9M-2.9M0.306.40N/AN/A29,3158,858564,420268,146
2021-08-06$26.38$27.0050.5%14.5%52.3%9.5%50.7%1.1%0.1%9.8M-343.0M-2.9M0.334.93N/AN/A19,7266,590560,998265,833
2021-08-09$25.68$27.0050.4%14.3%52.7%9.3%51.5%1.9%-0.7%7.7M-258.1M-2.8M0.303.19N/AN/A21,9896,693535,109253,199
2021-08-10$26.27$27.0050.0%14.3%53.8%8.3%51.6%1.8%-0.0%9.5M-317.6M-2.8M0.454.38N/AN/A19,2788,762540,305255,240
2021-08-11$26.78$27.0049.0%14.2%46.5%6.0%51.6%1.1%0.5%11.5M-365.8M-2.9M0.624.77N/AN/A16,30310,108544,969258,889
2021-08-12$26.88$27.0048.8%14.1%46.0%5.5%49.6%1.7%0.7%12.3M-376.9M-2.9M0.566.94N/AN/A14,5048,127552,935264,459
2021-08-13$25.80$27.0048.4%13.9%45.3%4.8%48.7%1.1%-0.5%7.4M-261.3M-2.7M0.793.62N/AN/A18,92114,996557,401268,205
2021-08-16$24.72$27.0050.3%14.4%44.6%9.1%51.0%3.1%0.1%4.9M-164.5M-2.5M0.423.26N/AN/A31,06813,035538,193266,100
2021-08-17$24.03$26.0052.6%15.1%44.3%14.3%53.2%3.5%0.4%3.8M-101.1M-2.5M0.424.57N/AN/A33,92914,114545,961274,217
2021-08-18$23.63$26.0051.4%14.7%34.9%11.6%52.7%3.5%0.6%3.3M-67.5M-2.4M0.564.69N/AN/A26,51114,955554,904277,272
2021-08-19$22.03$26.0056.9%16.3%41.4%24.0%56.7%7.0%1.0%1.8M31.5M-2.3M0.394.92N/AN/A80,42331,384570,498278,839
2021-08-20$21.98$26.0053.3%15.2%41.4%15.9%54.8%5.9%1.2%3.5M52.0M-2.2M0.373.67N/AN/A50,98118,889577,496286,536
2021-08-23$23.41$26.0051.5%14.7%48.0%11.9%51.6%3.9%-0.6%5.3M-136.1M-2.5M0.333.99N/AN/A37,23312,340470,998203,933
2021-08-24$24.41$25.0050.2%14.2%50.0%8.9%49.9%3.1%0.9%6.9M-225.3M-2.7M0.253.96N/AN/A31,5487,826482,337213,046
2021-08-25$24.62$25.0049.4%13.9%49.1%7.1%48.9%2.4%-0.0%8.1M-246.0M-2.7M0.213.86N/AN/A27,5695,687493,142219,038
2021-08-26$24.12$25.0051.5%14.3%49.4%11.8%50.4%2.6%0.5%7.7M-202.7M-2.7M0.515.03N/AN/A20,93310,722504,655222,186
2021-08-27$25.64$25.0048.9%13.5%54.1%5.8%48.3%2.0%-0.4%8.9M-347.0M-2.9M0.453.57N/AN/A43,27219,612512,208223,942
2021-08-30$25.36$25.0048.9%13.5%54.1%5.9%48.3%1.7%0.9%9.2M-300.5M-2.8M0.263.59N/AN/A21,2795,593492,896221,479
2021-08-31$25.71$25.0049.2%13.6%54.0%6.5%48.7%2.2%0.6%9.7M-328.9M-2.9M0.285.67N/AN/A26,8047,590502,030229,077