OXY Options History — March 2022

In March 2022, OXY traded between $46.92 and $61.00. ATM implied volatility averaged 67.1%, placing in the 54.4% IV rank vs the trailing year. The 30-day expected move averaged 20.2%. IV traded below realized volatility by 15.8% (HV 20d: 82.8%). Max pain ranged from $33.00 to $47.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 8 of 23 days. Put/call ratio averaged 0.50.

Notable Days

  • 2022-03-04: Highest Volume — 384,201 contracts
  • 2022-03-04: Largest IV spike — 23.3% change
  • 2022-03-04: Highest IV Rank — 100.0%
  • 2022-03-07: Largest Expected Move — 30.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$55.83$46.92$61.00$46.92$56.91
Max Pain$38.54$33.00$47.50$36.00$39.00
ATM IV67.1%54.3%88.5%70.3%56.2%
Expected Move20.2%16.4%30.0%20.4%16.8%
HV 20d82.8%63.4%91.3%63.6%80.5%
HV 60d64.7%55.7%68.5%55.7%66.5%
IV Rank54.4%20.5%100.0%89.1%25.0%
IV Percentile86.9%53.6%100.0%98.0%64.3%
Term Structure-0.7%-2.8%1.9%-2.1%0.6%
VWIV72.6%57.6%109.6%72.5%60.1%
Skew 25d-0.0%-4.8%4.0%1.8%-0.4%
Skew 10d-0.1%-9.8%8.0%4.8%-0.3%
Call IV 25d68.8%55.8%93.8%70.5%57.0%
Put IV 25d68.7%55.3%89.0%72.3%56.6%
Bid-Ask Spread %3.952.699.355.272.69
Gamma HHI0.100.070.180.100.09
Net GEX23.7M11.2M34.1M11.2M30.8M
Net DEX-2.13B-2.54B-1.39B-1.39B-2.14B
Net VEX-5.5M-6.4M-4.4M-4.4M-6.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.500.251.100.410.48
Total Volume199,529.435111,237384,201208,632137,813
Total OI1,069,390.696795,1581,239,011795,1581,161,247

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2022-03-01$46.92$36.0070.3%20.4%63.6%89.1%72.5%1.8%-2.1%11.2M-1.39B-4.4M0.415.27N/AN/A148,28260,350433,069362,089
2022-03-02$48.91$38.0065.1%18.9%63.4%70.3%66.8%2.5%-0.9%15.4M-1.62B-4.4M0.543.04N/AN/A113,70461,313468,483378,074
2022-03-03$47.59$39.0066.5%18.7%64.8%75.3%68.2%3.3%-1.2%15.1M-1.49B-4.7M0.929.08N/AN/A57,95953,310505,452401,851
2022-03-04$56.03$40.0082.0%25.3%84.9%100.0%92.2%0.1%-1.9%12.5M-2.28B-4.4M0.485.52N/AN/A258,853125,348517,621425,911
2022-03-07$55.14$43.0088.5%30.0%85.5%100.0%109.6%-4.8%-2.8%13.1M-2.08B-4.8M0.483.69N/AN/A227,061108,103534,523443,573
2022-03-08$54.52$44.0085.1%28.8%85.9%92.0%107.1%-4.4%-2.5%16.1M-2.12B-5.3M0.252.85N/AN/A246,17162,343606,860475,928
2022-03-09$57.22$45.0079.8%26.9%83.9%79.6%97.9%-0.9%-2.1%22.1M-2.26B-5.3M0.574.09N/AN/A204,475116,065602,150490,672
2022-03-10$58.12$47.0079.5%24.9%83.9%79.1%88.7%-0.3%-1.4%24.5M-2.41B-5.4M0.454.04N/AN/A166,97675,161629,817525,505
2022-03-11$57.63$47.5075.7%23.4%84.4%70.2%83.9%1.5%-1.2%33.5M-2.36B-5.5M0.582.78N/AN/A110,66763,654651,327546,426
2022-03-14$55.37$33.0072.9%20.0%85.0%63.8%71.0%4.0%-2.1%17.6M-2.02B-5.4M0.759.35N/AN/A72,99154,567591,073519,807
2022-03-15$54.13$33.0067.5%18.9%83.2%51.2%66.7%3.1%-1.8%17.5M-1.89B-5.4M0.513.21N/AN/A82,47242,113608,578531,396
2022-03-16$53.02$33.0062.4%17.7%82.4%39.3%62.2%3.5%-1.4%17.1M-1.78B-5.3M1.104.17N/AN/A55,25161,008627,523536,273
2022-03-17$58.12$34.0065.6%18.4%86.6%46.7%66.2%0.7%-2.0%29.5M-2.45B-5.3M0.562.81N/AN/A180,765101,214629,900549,833
2022-03-18$56.59$36.0058.6%17.1%88.0%30.4%61.3%1.2%-0.7%33.1M-2.25B-5.5M0.344.12N/AN/A120,00541,262660,488578,523
2022-03-21$61.00$36.0063.8%18.1%89.7%42.5%64.3%-2.1%-0.5%25.2M-2.54B-5.7M0.323.35N/AN/A210,62867,865586,595358,087
2022-03-22$59.83$37.0060.2%17.6%89.2%34.2%62.9%-1.9%0.3%28.1M-2.43B-6.1M0.362.83N/AN/A107,72939,292637,003386,396
2022-03-23$60.02$37.0060.2%17.8%89.1%34.1%62.8%-2.6%0.9%30.7M-2.51B-6.1M0.303.11N/AN/A169,06750,214661,494397,022
2022-03-24$57.93$37.0058.7%17.5%91.3%30.6%62.3%-1.6%0.5%28.0M-2.22B-6.4M0.412.81N/AN/A100,90141,466698,451415,310
2022-03-25$58.62$37.0058.0%17.6%90.8%29.0%62.9%-2.8%0.8%33.8M-2.33B-6.4M0.252.91N/AN/A182,85945,187717,600423,357
2022-03-28$56.42$38.0056.2%17.1%85.5%24.8%61.7%-0.4%1.1%25.9M-2.05B-6.3M0.722.99N/AN/A69,66450,048672,994395,630
2022-03-29$56.74$38.0054.3%16.4%82.2%20.5%57.6%-0.4%1.9%29.4M-2.09B-6.3M0.513.05N/AN/A73,78037,457699,976414,094
2022-03-30$57.40$39.0055.9%16.7%81.3%24.2%59.7%-0.1%1.7%34.1M-2.23B-6.4M0.323.01N/AN/A101,67532,089715,356422,649
2022-03-31$56.91$39.0056.2%16.8%80.5%25.0%60.1%-0.4%0.6%30.8M-2.14B-6.4M0.482.69N/AN/A93,32144,492727,317433,930