OXY Options History — April 2023

In April 2023, OXY traded between $60.11 and $65.25. ATM implied volatility averaged 35.0%, placing in the 4.5% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded above realized volatility by 3.0% (HV 20d: 32.0%). Max pain ranged from $60.00 to $62.50. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 6 of 19 days. Put/call ratio averaged 0.70.

Notable Days

  • 2023-04-03: Highest Volume — 181,686 contracts
  • 2023-04-25: Largest IV spike — 10.8% change
  • 2023-04-10: Highest IV Rank — 11.6%
  • 2023-04-26: Largest Expected Move — 11.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.06$60.11$65.25$65.25$61.75
Max Pain$61.50$60.00$62.50$60.00$62.50
ATM IV35.0%32.7%38.2%33.8%33.3%
Expected Move10.0%9.0%11.0%9.1%9.7%
HV 20d32.0%26.3%38.7%38.6%27.4%
HV 60d34.6%33.6%35.4%35.4%33.8%
IV Rank4.5%0.0%11.6%1.5%1.4%
IV Percentile5.0%0.0%15.1%0.4%0.8%
Term Structure0.3%-1.1%3.6%3.0%-0.1%
VWIV35.3%31.1%38.9%32.6%34.3%
Skew 25d4.1%3.2%5.1%3.2%4.2%
Skew 10d8.0%6.1%9.9%6.1%8.0%
Call IV 25d33.4%30.6%37.0%32.9%32.0%
Put IV 25d37.6%34.8%41.9%36.1%36.2%
Bid-Ask Spread %3.541.796.053.063.78
Gamma HHI0.070.050.120.080.07
Net GEX10.7M-10.1M32.5M23.7M-1.4M
Net DEX-792.0M-1.23B-279.5M-1.23B-527.1M
Net VEX-7.8M-8.3M-7.5M-8.0M-7.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.411.180.430.43
Total Volume62,117.68435,268181,686181,68662,877
Total OI981,677.211921,3821,023,454921,3821,007,134

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-04-03$65.25$60.0033.8%9.1%38.6%1.5%32.6%3.2%3.0%23.7M-1.23B-8.0M0.433.06N/AN/A126,93454,752487,551433,831
2023-04-04$64.34$60.0033.5%9.0%38.7%0.8%31.1%3.5%3.6%25.1M-1.09B-8.1M0.693.45N/AN/A54,04037,455525,394452,146
2023-04-05$64.53$61.0034.3%9.1%38.3%2.6%32.8%3.9%3.6%26.3M-1.08B-8.3M0.526.05N/AN/A38,85120,337533,937469,601
2023-04-06$63.11$62.5035.3%10.8%38.4%4.8%37.2%3.9%3.4%14.8M-853.1M-8.1M0.414.70N/AN/A51,84121,496540,759477,918
2023-04-10$63.97$60.0038.2%10.9%37.8%11.6%38.9%4.9%-0.9%18.3M-970.6M-8.1M0.424.33N/AN/A38,63016,196512,729454,306
2023-04-11$64.43$60.0037.2%10.6%37.7%9.2%36.9%3.9%-0.8%26.8M-1.06B-8.1M0.535.67N/AN/A28,54115,031521,000458,725
2023-04-12$64.88$60.0036.8%10.4%37.6%8.3%38.1%4.1%-0.2%30.1M-1.12B-8.0M0.734.13N/AN/A24,00617,520522,326463,961
2023-04-13$64.88$62.5035.8%10.1%30.6%5.9%37.0%3.8%-0.9%32.5M-1.10B-7.9M0.783.00N/AN/A19,81815,450525,382470,278
2023-04-14$64.47$62.5034.8%9.8%28.2%3.8%34.8%4.0%-0.8%18.3M-1.03B-7.6M0.624.56N/AN/A25,19915,618526,975474,942
2023-04-17$62.97$62.5035.1%10.0%29.6%4.4%35.3%4.0%0.0%8.1M-770.7M-7.5M1.183.33N/AN/A23,79628,197502,546454,989
2023-04-18$62.95$60.0034.6%9.9%29.5%3.2%34.3%4.2%-0.4%5.8M-747.7M-7.5M0.472.60N/AN/A35,04216,326509,101468,432
2023-04-19$62.34$60.0033.8%9.7%29.0%1.4%34.6%4.0%0.4%-1.0M-655.1M-7.5M1.071.79N/AN/A30,10832,173519,244474,377
2023-04-20$61.64$62.5033.9%9.7%28.4%1.7%33.7%4.1%-0.1%-5.1M-526.8M-7.6M0.682.48N/AN/A28,43419,326525,472485,792
2023-04-21$61.72$62.5033.4%9.6%27.7%0.4%34.1%4.0%-0.1%-2.0M-517.5M-7.5M0.871.92N/AN/A28,45124,714528,152495,302
2023-04-24$62.91$62.5032.7%9.4%28.2%0.0%33.4%4.2%-0.7%4.2M-683.6M-7.6M0.723.06N/AN/A32,38523,198474,953447,740
2023-04-25$61.23$62.5036.2%10.6%29.3%8.0%37.5%5.1%-0.8%-2.6M-452.1M-7.6M0.913.64N/AN/A29,69227,046490,208458,613
2023-04-26$60.11$62.5037.6%11.0%26.3%11.2%38.1%4.8%-1.1%-10.1M-279.5M-7.7M1.032.58N/AN/A35,17836,122494,644473,183
2023-04-27$60.61$62.5034.8%10.1%26.5%4.9%35.7%4.5%-0.8%-9.0M-347.0M-7.8M0.863.17N/AN/A24,40221,054507,322482,902
2023-04-28$61.75$62.5033.3%9.7%27.4%1.4%34.3%4.2%-0.1%-1.4M-527.1M-7.9M0.433.78N/AN/A43,95718,920513,983493,151