OXY Options History — August 2023

In August 2023, OXY traded between $61.38 and $65.77. ATM implied volatility averaged 26.3%, placing in the 6.4% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 1.6% (HV 20d: 24.7%). Max pain ranged from $57.50 to $62.50. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 16 of 23 days. Put/call ratio averaged 0.51.

Notable Days

  • 2023-08-11: Highest Volume — 146,131 contracts
  • 2023-08-03: Largest IV drop — 12.8% change
  • 2023-08-02: Highest IV Rank — 18.9%
  • 2023-08-02: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.08$61.38$65.77$62.59$62.66
Max Pain$60.50$57.50$62.50$57.50$62.00
ATM IV26.3%22.7%31.1%28.7%22.8%
Expected Move7.5%6.0%9.7%8.7%6.1%
HV 20d24.7%21.4%27.4%26.6%21.4%
HV 60d21.8%20.5%23.0%23.0%21.7%
IV Rank6.4%0.0%18.9%12.6%0.2%
IV Percentile7.6%0.0%18.3%8.3%0.4%
Term Structure0.2%-0.8%1.4%-0.6%0.7%
VWIV26.4%21.3%34.0%30.6%21.3%
Skew 25d2.5%1.6%3.1%1.9%2.0%
Skew 10d4.9%3.2%6.9%3.6%4.2%
Call IV 25d25.4%22.0%30.3%28.2%22.0%
Put IV 25d27.9%23.8%32.8%30.2%24.0%
Bid-Ask Spread %3.091.756.373.061.86
Gamma HHI0.100.070.320.080.08
Net GEX15.8M-7.6M45.4M10.7M15.5M
Net DEX-907.2M-1.54B-466.0M-932.0M-692.7M
Net VEX-7.1M-7.4M-6.8M-7.3M-6.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.310.920.550.36
Total Volume54,732.47825,338146,13145,98931,682
Total OI929,888.304816,7371,013,695952,205864,895

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-08-01$62.59$57.5028.7%8.7%26.6%12.6%30.6%1.9%-0.6%10.7M-932.0M-7.3M0.553.06N/AN/A29,69716,292458,543493,662
2023-08-02$61.45$57.5031.1%9.7%27.4%18.9%34.0%2.4%-0.8%1.9M-767.5M-7.4M0.634.03N/AN/A51,47832,333466,529499,304
2023-08-03$62.44$60.0027.1%7.7%26.7%8.1%27.4%2.5%-0.1%24.1M-955.9M-7.3M0.373.39N/AN/A69,10125,629484,751510,727
2023-08-04$63.70$60.0026.2%7.9%26.6%5.8%27.3%1.9%-0.2%37.1M-1.24B-7.3M0.663.60N/AN/A79,49752,501499,990513,705
2023-08-07$63.81$60.0025.7%7.3%26.4%4.4%26.8%2.6%-0.2%26.8M-1.14B-7.3M0.463.02N/AN/A28,81213,262474,728493,334
2023-08-08$63.70$60.0026.0%7.8%24.5%5.2%27.0%2.6%1.4%28.9M-1.10B-7.2M0.313.41N/AN/A36,93311,354479,763497,101
2023-08-09$63.89$60.0026.2%7.5%24.3%5.8%26.8%2.5%-0.1%31.3M-1.15B-7.3M0.423.43N/AN/A57,03124,088480,227499,800
2023-08-10$63.59$60.0025.9%7.7%24.4%5.0%26.0%2.4%1.2%24.8M-1.08B-7.2M0.533.33N/AN/A33,50117,800487,978500,085
2023-08-11$65.77$60.0025.9%7.5%22.9%5.0%26.5%2.1%0.6%36.7M-1.54B-7.1M0.362.71N/AN/A107,39638,735497,937506,527
2023-08-14$65.09$60.0026.0%7.5%23.5%5.2%26.3%2.5%0.4%26.2M-1.31B-7.2M0.782.57N/AN/A21,87117,149480,709490,828
2023-08-15$63.44$60.0027.7%8.0%25.3%9.9%27.4%2.6%0.1%14.9M-1.01B-7.3M0.451.79N/AN/A22,82810,282486,509496,432
2023-08-16$62.61$60.0027.7%7.9%25.9%9.8%27.6%2.6%-0.1%7.9M-862.6M-7.2M0.621.75N/AN/A21,75413,384487,767497,678
2023-08-17$63.09$60.0028.1%8.0%25.9%10.8%28.7%2.4%0.0%12.2M-948.6M-7.2M0.552.84N/AN/A24,99013,777491,785500,262
2023-08-18$63.97$60.0026.8%7.6%26.2%7.3%26.8%3.0%0.9%45.4M-1.10B-7.2M0.313.06N/AN/A38,23512,000494,702505,089
2023-08-21$63.78$60.0026.6%7.5%24.6%6.9%26.2%2.6%0.1%8.7M-821.2M-7.1M0.423.14N/AN/A31,01513,087405,583411,154
2023-08-22$62.95$62.5026.8%7.6%24.3%7.3%26.8%2.8%0.4%4.0M-708.3M-7.2M0.412.89N/AN/A24,62810,002415,316417,430
2023-08-23$61.80$61.0026.5%7.5%24.9%6.5%26.0%3.1%0.4%-5.4M-533.2M-7.1M0.923.14N/AN/A27,60225,339418,233421,181
2023-08-24$61.38$62.5026.9%7.6%24.1%7.6%26.2%3.1%0.1%-7.6M-466.0M-7.1M0.432.75N/AN/A17,6837,655423,095433,550
2023-08-25$61.91$62.5025.3%7.0%24.2%3.4%24.7%2.5%0.3%-1.7M-547.3M-7.0M0.702.85N/AN/A27,22019,031426,902436,916
2023-08-28$62.20$62.0024.9%6.7%23.3%2.2%23.4%2.6%0.4%2.0M-610.8M-6.8M0.653.04N/AN/A18,13911,739412,431423,016
2023-08-29$62.44$62.0023.8%6.3%23.1%0.0%22.1%2.4%0.3%5.3M-642.6M-6.9M0.353.06N/AN/A27,1739,644416,813426,774
2023-08-30$62.67$62.0022.7%6.0%22.1%0.0%21.4%1.6%0.3%14.1M-707.2M-6.8M0.526.37N/AN/A23,40012,098425,907431,783
2023-08-31$62.66$62.0022.8%6.1%21.4%0.2%21.3%2.0%0.7%15.5M-692.7M-6.8M0.361.86N/AN/A23,3068,376429,281435,614