OXY Options History — June 2023

In June 2023, OXY traded between $56.14 and $59.92. ATM implied volatility averaged 25.7%, placing in the 0.6% IV rank vs the trailing year. The 30-day expected move averaged 7.4%. IV traded above realized volatility by 7.7% (HV 20d: 18.0%). Max pain ranged from $57.50 to $60.00. Net GEX was positive for 7 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.62.

Notable Days

  • 2023-06-05: Highest Volume — 108,758 contracts
  • 2023-06-12: Largest IV spike — 5.7% change
  • 2023-06-12: Highest IV Rank — 3.8%
  • 2023-06-01: Largest Expected Move — 8.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.38$56.14$59.92$58.27$59.06
Max Pain$59.40$57.50$60.00$60.00$57.50
ATM IV25.7%24.1%30.5%30.5%24.1%
Expected Move7.4%6.2%8.7%8.7%6.2%
HV 20d18.0%15.2%26.5%24.9%17.2%
HV 60d25.8%21.7%29.8%29.5%21.8%
IV Rank0.6%0.0%3.8%2.0%0.0%
IV Percentile0.7%0.0%2.4%1.2%0.0%
Term Structure1.3%-0.4%4.3%-0.3%4.3%
VWIV26.3%23.3%30.4%30.3%23.3%
Skew 25d2.7%1.3%4.1%4.1%1.3%
Skew 10d5.4%2.0%8.5%8.5%2.0%
Call IV 25d24.7%22.4%28.9%28.9%22.4%
Put IV 25d27.4%23.7%33.0%33.0%23.7%
Bid-Ask Spread %3.552.405.152.903.32
Gamma HHI0.110.070.300.080.30
Net GEX-6.9M-33.4M49.5M-9.0M49.5M
Net DEX-316.8M-697.6M-6.3M-218.2M-697.6M
Net VEX-7.1M-7.5M-6.8M-7.3M-7.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.101.120.410.34
Total Volume67,358.28625,589108,75855,81486,838
Total OI979,111.905856,9561,075,423992,808973,023

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-06-01$58.27$60.0030.5%8.7%24.9%2.0%30.3%4.1%-0.3%-9.0M-218.2M-7.3M0.412.90N/AN/A39,63316,181486,379506,429
2023-06-02$59.80$60.0028.9%8.6%26.5%0.0%30.4%3.4%-0.4%10.7M-489.5M-7.5M0.433.14N/AN/A66,04228,620494,361513,427
2023-06-05$59.56$60.0027.3%8.2%23.4%0.0%29.4%3.0%0.8%2.3M-454.7M-7.4M0.583.87N/AN/A68,75340,005492,001501,940
2023-06-06$59.44$60.0026.6%7.9%21.3%0.0%27.5%3.2%0.9%4.3M-417.1M-7.5M0.475.15N/AN/A32,99015,365516,301517,660
2023-06-07$59.92$60.0025.6%7.7%21.5%0.0%26.9%2.6%1.0%11.3M-526.8M-7.3M0.104.84N/AN/A70,7827,063522,569525,260
2023-06-08$59.52$60.0025.3%7.6%16.8%0.0%27.2%3.1%0.7%2.3M-337.9M-7.3M0.554.61N/AN/A16,5389,051504,846530,232
2023-06-09$59.36$60.0025.5%7.7%16.6%0.4%28.1%3.1%0.9%-3.2M-358.8M-7.3M1.123.53N/AN/A13,44415,029513,903537,527
2023-06-12$59.16$60.0027.0%7.9%16.5%3.8%28.8%3.2%0.3%-6.6M-317.2M-7.2M0.713.31N/AN/A35,91325,651483,853515,237
2023-06-13$58.95$60.0025.8%7.6%16.5%1.0%26.9%2.7%0.5%-6.1M-311.5M-7.2M0.513.72N/AN/A47,35424,019499,567522,486
2023-06-14$58.53$60.0025.5%7.8%16.5%0.5%25.5%2.8%1.8%-15.6M-241.6M-7.1M0.813.61N/AN/A32,08225,898513,045524,709
2023-06-15$58.45$60.0025.9%7.6%15.6%1.2%26.4%2.2%1.0%-20.4M-236.3M-7.0M0.632.67N/AN/A45,85428,852520,898527,745
2023-06-16$58.08$60.0024.7%7.3%15.5%0.0%25.1%2.6%1.2%-31.0M-176.8M-6.9M0.852.40N/AN/A37,11631,697534,580540,843
2023-06-20$57.28$60.0025.7%7.4%15.2%2.3%26.2%3.1%0.6%-21.1M-148.2M-6.8M0.723.44N/AN/A45,02032,289413,986442,970
2023-06-21$57.56$60.0024.6%7.0%15.4%0.0%24.8%2.4%0.6%-21.1M-219.1M-7.0M0.553.85N/AN/A38,04920,982433,134458,441
2023-06-22$56.61$60.0024.3%6.9%15.4%0.0%24.8%2.5%0.9%-30.2M-72.1M-6.8M0.892.98N/AN/A36,71332,627445,967461,283
2023-06-23$56.14$60.0024.3%6.9%15.3%0.0%24.2%2.4%1.0%-33.4M-6.3M-6.9M1.043.42N/AN/A39,40540,898458,869470,662
2023-06-26$57.25$57.5024.6%6.8%16.9%0.6%24.3%2.4%2.5%-14.9M-280.2M-7.0M0.494.12N/AN/A51,91325,218429,987458,190
2023-06-27$57.22$57.5024.6%6.8%16.9%0.7%23.8%2.5%2.2%-11.3M-281.9M-7.1M0.663.20N/AN/A21,41014,053445,715463,602
2023-06-28$57.55$57.5024.2%6.7%16.9%0.0%23.6%1.8%2.9%-7.1M-345.0M-7.2M0.623.24N/AN/A32,84920,442452,662469,227
2023-06-29$58.31$57.5024.6%6.6%16.9%1.0%23.9%1.9%3.6%4.9M-516.2M-7.3M0.483.17N/AN/A68,66033,226464,032473,802
2023-06-30$59.06$57.5024.1%6.2%17.2%0.0%23.3%1.3%4.3%49.5M-697.6M-7.3M0.343.32N/AN/A64,68322,155487,828485,195