OXY Options History — August 2024

In August 2024, OXY traded between $56.00 and $59.20. ATM implied volatility averaged 23.2%, placing in the 27.9% IV rank vs the trailing year. The 30-day expected move averaged 6.6%. IV traded below realized volatility by 4.5% (HV 20d: 27.7%). Max pain ranged from $60.00 to $62.50. Net GEX was positive for 3 of 22 trading days. Term structure was in contango for 16 of 22 days. Put/call ratio averaged 0.46.

Notable Days

  • 2024-08-08: Highest Volume — 106,567 contracts
  • 2024-08-08: Largest IV drop — 20.3% change
  • 2024-08-05: Highest IV Rank — 100.0%
  • 2024-08-02: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$57.26$56.00$59.20$59.20$56.84
Max Pain$61.45$60.00$62.50$61.00$60.00
ATM IV23.2%18.6%35.3%26.8%19.7%
Expected Move6.6%5.4%9.9%8.7%5.4%
HV 20d27.7%20.3%30.3%20.3%25.2%
HV 60d22.8%20.1%23.9%20.1%22.9%
IV Rank27.9%0.6%100.0%51.8%7.0%
IV Percentile34.7%0.8%100.0%73.8%6.7%
Term Structure0.1%-2.2%1.7%0.1%1.7%
VWIV23.3%19.0%34.8%30.4%19.3%
Skew 25d2.2%0.6%8.7%1.6%1.8%
Skew 10d4.3%1.3%11.7%5.1%4.4%
Call IV 25d22.3%18.3%30.5%27.2%18.8%
Put IV 25d24.5%19.4%39.2%28.8%20.6%
Bid-Ask Spread %22.237.0349.418.857.03
Gamma HHI0.120.090.200.100.12
Net GEX-22.7M-44.6M10.8M-34.9M874.9K
Net DEX576.9M334.6M901.9M496.0M529.6M
Net VEX-8.1M-8.9M-7.7M-8.6M-7.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.191.120.500.42
Total Volume70,154.40935,555106,56760,97451,839
Total OI1,034,078.318946,2921,091,2301,007,9931,063,464

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-08-01$59.20$61.0026.8%8.7%20.3%51.8%30.4%1.6%0.1%-34.9M496.0M-8.6M0.508.85N/AN/A40,52120,453458,784549,209
2024-08-02$57.45$61.0030.7%9.9%22.5%76.1%34.8%4.3%-0.4%-44.6M834.2M-8.4M0.7811.68N/AN/A58,72645,589469,186553,302
2024-08-05$56.00$62.5035.3%9.8%23.7%100.0%34.5%8.7%1.6%-28.8M901.9M-8.3M1.1220.69N/AN/A39,08943,808462,278534,462
2024-08-06$56.33$62.5030.3%8.3%24.0%70.3%29.3%3.7%-0.5%-31.3M896.3M-8.3M0.6219.30N/AN/A38,36823,764473,074544,397
2024-08-07$56.28$62.5030.8%8.4%23.9%73.2%29.5%3.9%-0.5%-30.4M869.6M-8.3M0.4022.23N/AN/A64,47425,696490,025552,279
2024-08-08$58.91$62.5024.6%6.9%29.6%36.0%24.6%2.1%0.3%-13.4M352.0M-8.9M0.3633.03N/AN/A78,59227,975521,223562,674
2024-08-09$58.46$62.5023.4%6.8%29.7%29.0%23.4%2.0%0.6%-25.2M428.3M-8.6M0.5330.92N/AN/A37,98220,123520,051554,513
2024-08-12$58.91$62.5023.7%6.6%29.3%30.9%23.1%2.6%-0.8%-19.9M334.6M-8.5M0.3111.15N/AN/A49,33415,080494,808534,604
2024-08-13$57.44$62.5023.0%6.2%30.3%26.8%21.7%1.5%-2.2%-35.1M668.6M-8.1M0.5011.15N/AN/A40,00419,933502,456542,929
2024-08-14$57.09$62.5021.8%6.1%29.5%19.7%21.5%2.4%0.1%-37.8M712.3M-7.9M0.7529.75N/AN/A42,78132,028515,860542,915
2024-08-15$57.84$62.5019.8%5.7%29.9%7.5%20.0%1.0%0.1%-27.9M530.8M-8.2M0.4236.58N/AN/A42,47117,724535,250551,277
2024-08-16$57.73$62.5018.6%5.4%29.7%0.6%19.0%1.1%0.3%-33.1M510.6M-7.9M0.6449.41N/AN/A33,53221,378543,701547,529
2024-08-19$57.36$62.5018.9%5.4%28.8%2.4%19.6%0.6%0.1%-23.7M500.1M-7.7M0.3238.28N/AN/A40,93113,166454,454491,838
2024-08-20$56.31$62.5020.7%5.9%29.0%13.0%20.7%1.9%0.0%-36.4M684.4M-7.7M0.3919.58N/AN/A59,81123,207472,122497,520
2024-08-21$56.00$60.0020.0%5.7%29.0%9.0%20.3%1.3%0.0%-38.9M716.4M-7.7M0.5223.09N/AN/A46,02023,997493,108504,661
2024-08-22$56.09$60.0020.6%5.9%28.5%12.2%20.7%1.2%0.4%-39.8M677.9M-7.9M0.1925.94N/AN/A40,3537,674511,254512,519
2024-08-23$57.20$60.0019.1%5.4%29.7%3.5%19.3%1.2%0.4%-3.7M360.8M-8.1M0.2728.53N/AN/A81,67622,353520,581512,919
2024-08-26$57.45$60.0020.2%5.8%29.8%9.9%20.1%1.6%0.6%-2.6M353.8M-8.2M0.207.24N/AN/A85,36917,351506,089497,130
2024-08-27$56.84$60.0019.9%5.7%29.9%8.4%20.0%1.6%0.5%201.8K470.7M-7.9M0.2324.01N/AN/A50,78411,557542,980502,625
2024-08-28$56.72$60.0021.1%6.0%29.2%15.4%21.2%1.7%-0.5%-2.7M499.1M-7.9M0.2819.37N/AN/A27,8767,679545,431506,716
2024-08-29$57.23$60.0020.5%5.8%27.3%11.7%20.3%1.3%0.7%10.8M364.2M-8.0M0.2811.34N/AN/A40,76311,566549,082508,444
2024-08-30$56.84$60.0019.7%5.4%25.2%7.0%19.3%1.8%1.7%874.9K529.6M-7.8M0.427.03N/AN/A36,40315,436552,778510,686