OXY Options History — April 2024

In April 2024, OXY traded between $65.97 and $69.53. ATM implied volatility averaged 25.6%, placing in the 35.0% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded above realized volatility by 7.1% (HV 20d: 18.5%). Max pain ranged from $60.00 to $65.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 5 of 22 days. Put/call ratio averaged 0.51.

Notable Days

  • 2024-04-12: Highest Volume — 205,150 contracts
  • 2024-04-12: Largest IV spike — 10.4% change
  • 2024-04-17: Highest IV Rank — 49.6%
  • 2024-04-30: Largest Expected Move — 8.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$67.68$65.97$69.53$66.48$66.30
Max Pain$63.30$60.00$65.00$62.50$65.00
ATM IV25.6%20.6%28.5%20.6%26.8%
Expected Move7.5%5.6%8.5%5.6%8.5%
HV 20d18.5%15.0%21.2%16.2%20.3%
HV 60d19.6%18.9%20.3%20.3%20.0%
IV Rank35.0%10.5%49.6%10.5%40.9%
IV Percentile42.9%3.2%66.3%3.2%55.2%
Term Structure-0.1%-7.2%3.9%3.1%-0.2%
VWIV26.3%19.7%30.1%19.7%30.1%
Skew 25d0.6%-1.1%2.1%-0.2%0.7%
Skew 10d0.8%-2.9%2.8%-0.7%1.3%
Call IV 25d25.8%21.3%30.0%21.3%26.4%
Put IV 25d26.3%21.2%29.7%21.2%27.1%
Bid-Ask Spread %4.433.0414.803.043.86
Gamma HHI0.090.070.160.080.08
Net GEX34.1M-17.9M74.3M41.0M7.4M
Net DEX-1.26B-1.99B-746.8M-1.24B-746.8M
Net VEX-9.3M-9.8M-8.7M-8.7M-9.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.510.221.160.330.89
Total Volume75,274.22723,010205,150107,41639,184
Total OI1,122,6961,017,4151,231,0351,032,3441,030,205

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-04-01$66.48$62.5020.6%5.6%16.2%10.5%19.7%-0.2%3.1%41.0M-1.24B-8.7M0.333.04N/AN/A80,81326,603462,353569,991
2024-04-02$67.05$62.5022.2%6.0%15.1%18.4%21.5%-0.0%3.5%49.7M-1.39B-9.1M0.274.12N/AN/A100,19826,940496,086582,298
2024-04-03$67.80$62.5021.1%5.8%15.0%13.0%20.7%0.5%3.9%65.3M-1.59B-9.1M0.483.57N/AN/A47,87423,132518,938592,180
2024-04-04$67.53$60.0023.3%7.5%15.2%23.7%26.5%-0.1%0.9%61.1M-1.47B-9.5M0.374.63N/AN/A59,63021,896521,244606,347
2024-04-05$69.53$60.0024.3%7.6%16.9%28.8%26.7%-0.9%2.7%51.4M-1.99B-9.4M0.305.21N/AN/A120,64836,393542,882616,362
2024-04-08$68.73$60.0024.9%7.3%17.8%31.8%25.2%0.6%-0.6%50.5M-1.65B-9.3M0.2214.80N/AN/A70,91515,809526,306611,729
2024-04-09$68.43$62.5025.1%7.2%18.0%32.5%25.2%-0.2%-0.4%50.6M-1.58B-9.2M0.393.76N/AN/A28,60411,204533,211615,932
2024-04-10$68.85$62.5026.3%7.4%17.7%38.4%26.7%-0.4%-0.4%55.2M-1.66B-9.4M0.334.11N/AN/A59,87419,661536,100621,738
2024-04-11$69.30$62.5025.5%7.1%17.5%34.6%25.6%0.0%-0.8%66.7M-1.76B-9.3M0.484.05N/AN/A33,33116,019546,091629,071
2024-04-12$68.95$62.5028.1%7.9%17.9%47.7%28.4%-1.1%-0.8%74.3M-1.64B-9.6M0.443.58N/AN/A142,09463,056550,105636,679
2024-04-15$68.34$65.0028.4%8.0%18.6%49.0%28.3%-0.3%-7.2%34.3M-1.40B-9.6M0.484.29N/AN/A60,15528,636541,345642,360
2024-04-16$66.91$65.0028.2%8.1%20.5%48.2%28.5%1.6%-0.5%14.9M-1.02B-9.6M0.503.76N/AN/A53,39726,768556,403657,340
2024-04-17$65.97$65.0028.5%8.2%21.1%49.6%27.3%1.7%-0.8%5.1M-785.4M-9.8M0.513.84N/AN/A42,71221,688562,870659,874
2024-04-18$66.05$62.5027.1%7.8%21.0%42.5%27.2%2.1%-0.8%2.1M-840.5M-9.7M1.063.42N/AN/A23,61224,920564,944657,734
2024-04-19$66.69$62.5027.3%7.9%21.2%43.7%28.1%1.3%-0.4%-17.9M-952.3M-9.7M0.654.41N/AN/A59,91438,840566,930664,105
2024-04-22$67.19$65.0026.4%7.7%21.2%39.1%27.5%1.2%-0.7%12.8M-911.6M-9.4M0.684.28N/AN/A22,82915,484468,076568,525
2024-04-23$67.41$65.0025.7%7.5%21.0%35.7%26.3%0.9%-0.7%17.2M-966.2M-9.3M0.464.36N/AN/A16,0047,419474,612574,382
2024-04-24$67.37$65.0026.1%7.8%19.5%37.5%27.6%1.3%-0.7%18.4M-958.6M-9.3M0.523.77N/AN/A15,1647,846477,897576,083
2024-04-25$67.97$65.0025.5%7.6%19.5%34.5%26.6%0.9%-0.8%30.7M-1.09B-9.2M0.313.39N/AN/A37,53611,544481,112576,864
2024-04-26$67.80$65.0025.3%7.6%19.0%33.8%26.6%1.8%-0.5%33.5M-1.05B-9.2M1.163.60N/AN/A24,95028,954487,772576,821
2024-04-29$68.25$65.0026.0%8.1%17.5%37.0%28.3%0.8%-0.1%25.4M-1.12B-8.8M0.493.64N/AN/A29,40714,376457,623559,792
2024-04-30$66.30$65.0026.8%8.5%20.3%40.9%30.1%0.7%-0.2%7.4M-746.8M-9.0M0.893.86N/AN/A20,75318,431464,359565,846