OXY Options History — February 2023

In February 2023, OXY traded between $58.16 and $66.34. ATM implied volatility averaged 42.7%, placing in the 15.1% IV rank vs the trailing year. The 30-day expected move averaged 12.2%. IV traded above realized volatility by 6.2% (HV 20d: 36.5%). Max pain ranged from $62.00 to $65.00. Net GEX was positive for 10 of 19 trading days. Term structure was in contango for 3 of 19 days. Put/call ratio averaged 0.56.

Notable Days

  • 2023-02-28: Highest Volume — 150,465 contracts
  • 2023-02-28: Largest IV drop — 14.8% change
  • 2023-02-22: Highest IV Rank — 20.0%
  • 2023-02-22: Largest Expected Move — 13.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$61.99$58.16$66.34$63.89$58.95
Max Pain$64.45$62.00$65.00$65.00$62.00
ATM IV42.7%35.8%45.4%40.7%35.8%
Expected Move12.2%9.9%13.3%10.6%9.9%
HV 20d36.5%29.0%42.0%29.9%37.9%
HV 60d35.1%32.4%40.1%40.0%33.2%
IV Rank15.1%2.4%20.0%11.4%2.4%
IV Percentile15.3%2.0%24.6%9.1%2.0%
Term Structure-0.6%-1.2%0.4%-0.5%0.4%
VWIV42.9%35.0%47.2%36.8%35.0%
Skew 25d3.9%2.7%5.5%5.2%2.8%
Skew 10d7.8%5.0%12.2%10.2%5.7%
Call IV 25d41.2%35.2%44.1%38.4%35.2%
Put IV 25d45.1%38.0%47.7%43.7%38.0%
Bid-Ask Spread %3.682.205.034.083.03
Gamma HHI0.070.060.130.070.09
Net GEX3.6M-14.4M24.8M1.6M7.5M
Net DEX-432.0M-1.02B-67.6M-496.6M-247.0M
Net VEX-6.6M-6.9M-6.3M-6.5M-6.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.340.780.570.42
Total Volume84,141.68436,269150,46556,187150,465
Total OI932,620.842843,8291,020,809881,774985,361

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-02-01$63.89$65.0040.7%10.6%29.9%11.4%36.8%5.2%-0.5%1.6M-496.6M-6.5M0.574.08N/AN/A35,69720,490456,010425,764
2023-02-02$62.22$65.0042.4%12.0%31.6%14.4%42.3%5.5%-0.5%-5.4M-291.0M-6.4M0.735.03N/AN/A36,71626,683472,883432,022
2023-02-03$61.11$65.0042.4%12.3%31.0%14.5%41.7%4.6%-0.2%-11.0M-159.2M-6.3M0.644.83N/AN/A56,07336,082485,366441,093
2023-02-06$61.42$65.0042.9%12.0%29.0%15.3%42.3%4.5%-0.9%-6.1M-265.0M-6.3M0.674.06N/AN/A33,83422,836465,031423,412
2023-02-07$64.37$65.0042.3%11.9%33.8%14.4%43.5%3.8%-0.6%10.0M-696.6M-6.8M0.633.61N/AN/A59,05337,440477,264432,670
2023-02-08$64.10$65.0043.0%12.1%33.8%15.7%43.9%4.1%-0.9%14.8M-714.0M-6.9M0.723.78N/AN/A26,73319,301502,220441,721
2023-02-09$63.20$65.0043.8%12.5%34.2%17.1%43.3%4.3%-0.4%5.7M-545.8M-6.7M0.623.90N/AN/A22,38613,883505,609449,663
2023-02-10$65.66$65.0043.7%12.5%35.7%17.0%43.3%4.1%0.3%24.7M-971.5M-6.9M0.343.74N/AN/A88,79330,383508,820455,203
2023-02-13$64.91$65.0044.8%12.8%35.9%19.0%45.0%4.4%-1.1%15.3M-793.3M-6.8M0.612.20N/AN/A28,53717,364499,491431,902
2023-02-14$66.34$65.0042.4%12.1%36.5%14.6%43.4%3.9%0.1%24.8M-1.02B-6.8M0.652.25N/AN/A52,42834,215505,432439,225
2023-02-15$63.00$65.0044.1%12.6%41.0%17.6%43.8%4.1%-1.2%-867.6K-448.1M-6.6M0.632.61N/AN/A69,17343,238508,916454,561
2023-02-16$62.52$65.0043.4%12.5%40.3%16.4%43.3%3.2%-0.5%-883.8K-441.9M-6.7M0.343.62N/AN/A47,51115,924539,182465,195
2023-02-17$60.64$65.0043.0%12.4%40.8%15.6%43.5%3.5%-0.6%-14.4M-152.5M-6.5M0.783.37N/AN/A57,54044,678548,664472,145
2023-02-21$60.11$65.0044.3%12.8%40.9%18.0%45.5%3.7%-0.8%-1.4M-242.8M-6.5M0.533.83N/AN/A37,44519,836459,517384,312
2023-02-22$58.16$65.0045.4%13.3%40.9%20.0%47.2%3.5%-1.0%-6.3M-67.6M-6.4M0.453.37N/AN/A80,57236,586476,930391,237
2023-02-23$59.45$62.5043.1%12.5%42.0%15.9%43.5%3.4%-1.1%9.0M-263.9M-6.7M0.433.77N/AN/A47,65920,459522,892401,480
2023-02-24$58.63$62.5041.9%12.2%39.1%13.7%43.5%2.7%-0.3%-103.6K-134.2M-6.7M0.564.41N/AN/A54,42330,654536,335411,609
2023-02-27$59.08$62.5042.1%12.6%39.4%13.9%44.8%2.7%-1.2%1.3M-257.7M-6.8M0.374.45N/AN/A104,94738,655511,893398,766
2023-02-28$58.95$62.0035.8%9.9%37.9%2.4%35.0%2.8%0.4%7.5M-247.0M-6.7M0.423.03N/AN/A105,69044,775563,244422,117