OXY Options History — January 2022

In January 2022, OXY traded between $31.10 and $37.50. ATM implied volatility averaged 53.5%, placing in the 20.8% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded below realized volatility by 2.1% (HV 20d: 55.5%). Max pain ranged from $25.00 to $33.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.69.

Notable Days

2022-01-25: Highest Volume — 118,731 contracts
2022-01-24: Largest IV spike — 10.4% change
2022-01-27: Highest IV Rank — 41.8%
2022-01-25: Largest Expected Move — 17.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$34.71	$31.10	$37.50	$31.10	$37.50
Max Pain	$30.40	$25.00	$33.00	$25.00	$33.00
ATM IV	53.5%	46.1%	61.6%	46.1%	58.9%
Expected Move	15.1%	12.4%	17.5%	12.4%	16.5%
HV 20d	55.5%	45.1%	62.2%	45.1%	61.2%
HV 60d	49.9%	45.1%	52.6%	45.1%	51.8%
IV Rank	20.8%	1.5%	41.8%	1.5%	36.9%
IV Percentile	41.0%	2.0%	81.0%	2.0%	75.8%
Term Structure	0.0%	-1.9%	2.3%	0.9%	-0.1%
VWIV	53.9%	44.3%	64.0%	44.3%	59.5%
Skew 25d	3.0%	1.7%	5.9%	2.4%	2.5%
Skew 10d	7.8%	3.7%	17.6%	6.9%	6.4%
Call IV 25d	53.2%	46.0%	60.5%	46.0%	58.6%
Put IV 25d	56.2%	48.5%	66.4%	48.5%	61.1%
Bid-Ask Spread %	11.51	2.92	42.99	42.99	7.71
Gamma HHI	0.13	0.09	0.25	0.12	0.12
Net GEX	15.2M	2.1M	25.4M	14.5M	10.6M
Net DEX	-887.7M	-1.25B	-402.0M	-655.7M	-696.9M
Net VEX	-3.8M	-4.2M	-3.4M	-3.4M	-4.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.69	0.38	1.18	0.52	1.18
Total Volume	77,646.2	39,698	118,731	66,394	52,256
Total OI	907,964.4	641,672	1,043,927	927,231	705,038

Daily Data (20 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
2022-01-03	$31.10	$25.00	46.1%	12.4%	45.1%	1.5%	44.3%	2.4%	0.9%	14.5M	-655.7M	-3.4M	0.52	42.99	N/A	N/A	43,622	22,772	596,507	330,724
2022-01-04	$33.39	$25.00	46.9%	12.6%	50.6%	3.7%	45.3%	2.5%	0.1%	18.8M	-976.2M	-3.6M	0.54	41.78	N/A	N/A	72,207	39,251	602,276	337,001
2022-01-05	$31.89	$25.00	49.3%	13.4%	52.2%	9.9%	47.7%	2.8%	0.1%	15.4M	-744.8M	-3.7M	0.61	37.37	N/A	N/A	61,742	37,688	614,465	354,312
2022-01-06	$32.87	$30.00	48.8%	14.5%	53.1%	8.4%	51.8%	1.8%	0.7%	17.3M	-882.9M	-3.7M	0.60	8.09	N/A	N/A	41,691	25,130	623,921	368,042
2022-01-07	$33.24	$30.00	48.5%	14.1%	52.6%	7.8%	50.5%	2.1%	0.5%	19.8M	-937.2M	-3.8M	0.81	3.17	N/A	N/A	36,675	29,574	632,322	371,574
2022-01-10	$32.14	$30.00	50.5%	14.4%	54.2%	13.0%	51.4%	2.0%	-0.1%	14.1M	-731.6M	-3.7M	0.77	3.44	N/A	N/A	22,423	17,275	611,891	358,313
2022-01-11	$34.67	$30.00	49.2%	14.0%	57.1%	9.6%	49.9%	1.9%	-0.7%	19.5M	-1.11B	-3.7M	0.40	2.92	N/A	N/A	75,171	29,969	615,264	360,782
2022-01-12	$34.75	$30.00	49.7%	13.9%	56.0%	10.7%	49.3%	1.7%	-1.9%	21.3M	-1.14B	-3.8M	0.56	3.82	N/A	N/A	47,889	26,897	636,367	372,604
2022-01-13	$34.22	$31.00	50.0%	14.2%	56.4%	11.6%	50.7%	2.5%	-0.8%	19.9M	-1.03B	-3.8M	0.78	5.45	N/A	N/A	24,271	18,895	643,471	385,711
2022-01-14	$35.26	$31.00	50.5%	14.4%	56.7%	13.0%	50.6%	2.3%	-0.9%	25.4M	-1.21B	-3.8M	0.45	16.54	N/A	N/A	68,998	31,273	641,555	391,957
2022-01-18	$35.84	$32.00	53.9%	15.4%	55.8%	21.6%	54.5%	2.7%	0.4%	19.7M	-1.24B	-3.8M	0.53	4.18	N/A	N/A	75,795	40,417	642,488	387,375
2022-01-19	$36.05	$32.00	52.1%	14.9%	52.3%	17.0%	53.1%	2.5%	1.8%	19.2M	-1.25B	-3.7M	0.56	6.82	N/A	N/A	39,946	22,175	646,488	397,439
2022-01-20	$35.21	$32.00	52.1%	14.9%	51.4%	17.0%	52.3%	2.5%	1.4%	15.7M	-1.07B	-3.8M	0.78	3.48	N/A	N/A	25,499	19,979	630,446	406,101
2022-01-21	$33.75	$32.00	55.8%	15.9%	54.6%	26.6%	56.3%	3.4%	2.3%	2.1M	-830.5M	-3.7M	0.88	9.25	N/A	N/A	47,528	41,754	630,587	410,320
2022-01-24	$33.80	$32.00	61.6%	17.5%	54.6%	41.5%	63.2%	5.9%	-0.1%	6.7M	-402.0M	-3.8M	0.87	8.13	N/A	N/A	29,725	25,923	385,094	256,578
2022-01-25	$37.05	$32.00	61.5%	17.5%	62.1%	41.2%	64.0%	5.1%	-0.8%	10.6M	-700.7M	-3.9M	0.84	8.23	N/A	N/A	64,625	54,106	391,405	262,851
2022-01-26	$37.02	$32.00	61.5%	17.3%	62.2%	41.3%	60.8%	4.7%	-0.7%	11.2M	-693.4M	-4.1M	0.38	4.94	N/A	N/A	68,309	25,631	409,573	289,689
2022-01-27	$37.21	$32.00	61.6%	17.4%	61.7%	41.8%	61.6%	4.5%	-1.1%	12.2M	-718.4M	-4.2M	0.72	3.83	N/A	N/A	45,388	32,593	426,218	298,863
2022-01-28	$37.31	$32.00	60.7%	17.1%	61.2%	41.6%	60.4%	4.4%	-0.4%	10.2M	-724.0M	-4.2M	1.09	8.12	N/A	N/A	32,512	35,350	431,850	301,826
2022-01-31	$37.50	$33.00	58.9%	16.5%	61.2%	36.9%	59.5%	2.5%	-0.1%	10.6M	-696.9M	-4.1M	1.18	7.71	N/A	N/A	24,017	28,239	411,248	293,790