OXY Options History — July 2023

In July 2023, OXY traded between $57.61 and $63.45. ATM implied volatility averaged 29.7%, placing in the 14.6% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 7.7% (HV 20d: 22.1%). Max pain ranged from $55.00 to $57.50. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 2 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2023-07-24: Highest Volume — 105,602 contracts
  • 2023-07-05: Largest IV spike — 6.9% change
  • 2023-07-19: Highest IV Rank — 19.4%
  • 2023-07-31: Largest Expected Move — 9.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$60.56$57.61$63.45$59.19$63.14
Max Pain$56.88$55.00$57.50$57.50$57.50
ATM IV29.7%26.4%31.2%26.4%29.4%
Expected Move8.4%6.2%9.0%6.2%9.0%
HV 20d22.1%14.4%26.3%14.4%26.3%
HV 60d22.8%21.4%23.6%21.8%22.9%
IV Rank14.6%5.1%19.4%5.1%14.6%
IV Percentile10.8%6.3%15.1%6.3%9.9%
Term Structure-0.4%-1.1%0.3%-0.3%-0.4%
VWIV29.9%22.2%31.7%22.2%31.7%
Skew 25d2.1%1.2%3.4%2.2%1.7%
Skew 10d4.1%2.6%6.6%4.3%3.9%
Call IV 25d29.3%26.8%30.7%26.8%28.9%
Put IV 25d31.4%29.0%33.2%29.0%30.6%
Bid-Ask Spread %2.932.144.482.802.91
Gamma HHI0.090.060.210.100.08
Net GEX15.0M-13.7M38.0M10.1M12.4M
Net DEX-761.8M-1.13B-298.9M-614.0M-1.01B
Net VEX-7.4M-7.5M-7.2M-7.3M-7.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.271.090.690.70
Total Volume60,04035,696105,60240,99938,289
Total OI975,964.3916,6641,029,352933,641937,385

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-07-03$59.19$57.5026.4%6.2%14.4%5.1%22.2%2.2%-0.3%10.1M-614.0M-7.3M0.692.80N/AN/A24,22916,770464,877468,764
2023-07-05$58.67$57.5028.2%6.3%14.7%9.2%25.0%2.3%-0.5%5.3M-515.9M-7.2M0.532.90N/AN/A49,10626,202473,114477,211
2023-07-06$57.61$55.0029.5%8.4%15.9%12.1%30.5%3.4%-0.5%-13.7M-298.9M-7.2M1.092.26N/AN/A31,27934,193466,638489,874
2023-07-07$58.84$55.0028.8%8.3%17.6%10.5%29.9%2.4%-0.5%15.1M-552.2M-7.4M0.413.23N/AN/A46,38419,226474,797505,802
2023-07-10$58.61$55.0030.2%8.7%17.5%15.1%30.4%2.5%0.3%-2.0M-481.5M-7.4M0.542.46N/AN/A27,03814,474456,805494,539
2023-07-11$60.45$55.0030.5%8.7%20.8%16.0%30.4%1.7%-0.2%18.5M-855.1M-7.4M0.392.35N/AN/A74,58229,198465,881501,088
2023-07-12$61.20$55.0029.7%8.5%21.1%14.0%29.9%1.5%-0.0%27.7M-987.2M-7.5M0.412.28N/AN/A52,18621,463484,019504,812
2023-07-13$61.42$57.5029.3%8.2%21.0%12.9%29.3%1.7%-0.9%33.0M-1.02B-7.5M0.502.35N/AN/A34,34017,285493,335509,467
2023-07-14$59.34$57.5030.4%8.5%24.5%16.6%30.4%2.0%-1.0%8.0M-569.4M-7.4M0.813.53N/AN/A49,64940,288498,000516,794
2023-07-17$59.25$57.5030.8%8.7%24.5%17.6%31.0%2.7%0.0%2.4M-525.0M-7.4M0.512.47N/AN/A23,70411,992477,493512,747
2023-07-18$60.28$57.5031.0%8.9%25.0%18.7%30.8%2.8%-0.9%17.3M-728.9M-7.4M0.272.14N/AN/A36,8789,867484,007517,609
2023-07-19$60.09$57.5031.2%9.0%24.4%19.4%31.6%2.5%-0.6%16.5M-697.4M-7.4M0.812.36N/AN/A21,73417,571489,540519,186
2023-07-20$60.36$57.5030.7%8.8%24.4%17.9%31.1%2.2%-0.8%22.9M-754.9M-7.4M0.452.50N/AN/A24,86411,106497,567522,708
2023-07-21$60.63$57.5029.7%8.6%23.4%15.3%29.9%2.1%-1.1%21.5M-811.6M-7.4M0.532.25N/AN/A37,15319,649502,264527,088
2023-07-24$62.30$57.5029.7%8.7%24.4%15.2%30.4%1.5%-0.1%14.4M-959.2M-7.2M0.553.45N/AN/A68,31537,287440,704475,960
2023-07-25$63.45$57.5030.2%8.9%24.3%16.5%31.3%1.2%-0.2%20.0M-1.13B-7.4M0.293.66N/AN/A61,88118,231453,431488,283
2023-07-26$62.78$57.5029.6%8.7%24.9%15.0%30.3%1.6%-0.4%21.1M-1.02B-7.5M0.454.48N/AN/A44,77220,156472,195493,943
2023-07-27$61.63$57.5030.5%8.9%26.2%17.3%31.5%1.6%-0.4%12.1M-824.2M-7.4M0.484.28N/AN/A33,62516,031474,409501,704
2023-07-28$61.98$57.5029.0%8.6%25.9%13.4%29.9%1.8%-0.2%38.0M-876.2M-7.4M0.784.00N/AN/A22,36117,442480,021505,225
2023-07-31$63.14$57.5029.4%9.0%26.3%14.6%31.7%1.7%-0.4%12.4M-1.01B-7.3M0.702.91N/AN/A22,46515,824450,371487,014