OXY Options History — October 2023

In October 2023, OXY traded between $59.48 and $66.47. ATM implied volatility averaged 32.6%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded below realized volatility by 2.9% (HV 20d: 35.5%). Max pain ranged from $64.00 to $65.00. Net GEX was positive for 10 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.63.

Notable Days

  • 2023-10-04: Highest Volume — 105,489 contracts
  • 2023-10-09: Largest IV spike — 9.5% change
  • 2023-10-27: Highest IV Rank — 40.4%
  • 2023-10-30: Largest Expected Move — 10.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$63.19$59.48$66.47$62.09$61.72
Max Pain$64.86$64.00$65.00$64.00$65.00
ATM IV32.6%31.2%34.5%31.2%31.6%
Expected Move9.5%8.9%10.2%8.9%9.8%
HV 20d35.5%31.9%39.0%33.6%31.9%
HV 60d29.2%27.8%30.1%27.8%29.4%
IV Rank30.2%23.7%40.4%23.7%34.7%
IV Percentile40.0%35.3%47.6%35.3%36.5%
Term Structure0.1%-1.6%2.6%1.3%0.0%
VWIV33.5%31.3%36.0%31.3%33.9%
Skew 25d2.5%1.7%4.3%3.1%2.5%
Skew 10d3.7%1.7%7.0%5.2%3.6%
Call IV 25d31.9%29.4%34.7%30.3%30.9%
Put IV 25d34.4%32.6%36.8%33.4%33.4%
Bid-Ask Spread %2.041.712.592.162.46
Gamma HHI0.090.070.230.080.10
Net GEX3.7M-20.8M44.8M-8.8M-12.8M
Net DEX-746.8M-1.38B-115.5M-502.9M-476.9M
Net VEX-7.7M-8.0M-7.4M-7.7M-7.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.301.260.810.50
Total Volume52,415.18224,446105,48967,57824,446
Total OI981,441.091909,4361,050,452930,356949,337

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2023-10-02$62.09$64.0031.2%8.9%33.6%23.7%31.3%3.1%1.3%-8.8M-502.9M-7.7M0.812.16N/AN/A37,40430,174461,336469,020
2023-10-03$62.41$64.0032.5%9.2%32.3%27.0%32.2%3.1%1.4%-5.7M-547.4M-7.9M0.752.03N/AN/A19,03014,203473,992485,177
2023-10-04$59.97$64.0033.1%9.4%34.8%28.5%34.0%4.3%1.2%-19.0M-157.5M-7.6M1.262.29N/AN/A46,75058,739476,799487,948
2023-10-05$59.48$65.0033.1%9.6%34.6%28.5%33.5%3.9%1.5%-20.8M-115.5M-7.7M1.052.08N/AN/A28,93130,326492,027499,366
2023-10-06$61.41$65.0031.5%9.3%36.5%24.6%32.2%3.2%2.6%-12.6M-459.8M-7.8M0.351.73N/AN/A44,39915,663498,815506,705
2023-10-09$64.06$65.0034.5%9.8%39.0%32.2%35.2%2.1%-0.8%3.7M-904.8M-8.0M0.341.96N/AN/A78,15126,912470,319496,160
2023-10-10$64.05$65.0033.0%9.3%36.1%28.5%33.3%2.3%-0.8%10.9M-927.9M-7.9M0.461.77N/AN/A26,16912,139491,252505,171
2023-10-11$63.34$65.0032.6%9.4%36.3%27.5%32.6%2.1%-0.1%6.3M-794.2M-7.9M0.482.32N/AN/A29,60514,080497,696510,109
2023-10-12$63.23$65.0031.8%9.1%35.6%25.2%31.5%2.1%0.2%7.1M-768.7M-7.8M0.601.71N/AN/A21,34412,767504,271513,265
2023-10-13$64.28$65.0033.3%9.4%36.0%29.0%33.2%1.7%-0.6%11.4M-1.02B-7.9M0.301.75N/AN/A55,56316,858509,348515,886
2023-10-16$65.35$65.0031.7%9.0%36.5%26.3%32.3%2.1%-0.8%19.7M-1.13B-7.7M0.651.88N/AN/A25,97716,766493,992499,094
2023-10-17$65.37$65.0032.0%9.2%36.5%27.3%32.4%1.7%-1.2%21.9M-1.14B-7.6M0.371.81N/AN/A40,08614,777498,900503,597
2023-10-18$66.13$65.0033.2%9.5%35.8%31.2%33.5%1.7%-1.6%35.3M-1.31B-7.7M0.341.86N/AN/A46,86415,733521,767508,078
2023-10-19$66.47$65.0033.0%9.5%34.4%31.5%33.8%1.7%-1.1%38.4M-1.38B-7.7M0.321.84N/AN/A35,22711,399526,981510,700
2023-10-20$65.16$65.0032.9%9.6%35.4%31.0%33.5%2.3%-1.4%44.8M-1.13B-7.8M0.521.77N/AN/A31,48416,462536,277514,175
2023-10-23$62.64$65.0032.6%9.7%38.2%30.5%34.0%2.5%0.6%-4.5M-624.3M-7.5M0.842.18N/AN/A34,82229,159460,537448,899
2023-10-24$62.70$65.0031.6%9.5%38.2%28.8%33.3%2.3%0.7%-5.0M-620.6M-7.6M0.991.96N/AN/A13,58513,428471,261465,481
2023-10-25$63.09$65.0032.5%9.8%35.3%32.5%34.2%2.2%0.5%-3.4M-685.5M-7.6M0.752.15N/AN/A20,82715,651473,890471,492
2023-10-26$63.36$65.0033.1%10.0%35.3%36.6%35.0%2.3%0.5%-1.2M-723.2M-7.7M0.422.39N/AN/A33,52414,187479,915478,701
2023-10-27$62.20$65.0033.6%10.1%35.6%40.4%35.7%2.7%0.6%-13.2M-534.5M-7.7M0.722.59N/AN/A27,66020,035494,056481,911
2023-10-30$61.75$65.0033.1%10.2%32.0%39.8%36.0%2.8%-0.1%-11.2M-483.1M-7.5M0.952.25N/AN/A16,32115,507464,304473,697
2023-10-31$61.72$65.0031.6%9.8%31.9%34.7%33.9%2.5%0.0%-12.8M-476.9M-7.4M0.502.46N/AN/A16,2768,170469,093480,244