OXY Options History — September 2024

In September 2024, OXY traded between $49.86 and $55.36. ATM implied volatility averaged 25.0%, placing in the 38.7% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded above realized volatility by 2.6% (HV 20d: 22.4%). Max pain ranged from $52.50 to $60.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 14 of 20 days. Put/call ratio averaged 0.47.

Notable Days

  • 2024-09-30: Highest Volume — 172,887 contracts
  • 2024-09-26: Largest IV spike — 9.4% change
  • 2024-09-30: Highest IV Rank — 59.8%
  • 2024-09-30: Largest Expected Move — 7.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.96$49.86$55.36$55.36$51.31
Max Pain$54.25$52.50$60.00$60.00$52.50
ATM IV25.0%21.9%28.6%21.9%28.6%
Expected Move7.2%6.6%7.9%6.6%7.9%
HV 20d22.4%20.3%26.2%25.3%25.0%
HV 60d23.6%22.3%24.8%23.5%24.0%
IV Rank38.7%20.2%59.8%20.2%59.8%
IV Percentile59.8%29.0%87.3%29.4%87.3%
Term Structure1.0%-4.1%10.0%-2.9%6.7%
VWIV25.1%23.4%28.2%23.4%28.2%
Skew 25d2.3%0.8%6.0%1.8%1.8%
Skew 10d5.4%2.4%10.1%6.5%3.8%
Call IV 25d24.5%21.5%29.0%21.5%29.0%
Put IV 25d26.8%23.3%30.8%23.3%30.8%
Bid-Ask Spread %11.642.6833.4417.1213.74
Gamma HHI0.100.070.200.170.07
Net GEX-10.9M-32.9M12.5M-26.4M7.9M
Net DEX736.3M329.5M1.25B791.6M329.5M
Net VEX-7.1M-8.1M-6.5M-7.3M-8.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.470.161.230.450.22
Total Volume91,745.752,748172,88781,433172,887
Total OI1,100,337.91,008,5281,182,5321,029,9761,128,998

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-09-03$55.36$60.0021.9%6.6%25.3%20.2%23.4%1.8%-2.9%-26.4M791.6M-7.3M0.4517.12N/AN/A56,00125,432527,798502,178
2024-09-04$54.78$60.0021.9%6.6%25.5%20.2%23.4%2.0%-4.1%-31.7M901.1M-7.3M0.5920.57N/AN/A36,01821,316548,469515,205
2024-09-05$53.75$57.5023.4%6.9%26.2%29.3%23.4%2.3%-0.1%-32.9M1.09B-7.0M0.4821.38N/AN/A51,45724,529558,658517,983
2024-09-06$52.08$57.5025.0%7.2%21.3%38.7%25.5%3.1%0.3%-26.7M1.25B-6.6M0.675.21N/AN/A59,23839,440578,477520,853
2024-09-09$52.41$55.0024.9%6.9%21.8%37.8%24.9%0.8%-0.7%-27.7M1.15B-6.7M0.388.94N/AN/A38,12614,622566,271520,725
2024-09-10$51.39$55.0026.0%7.1%21.8%44.3%25.6%2.9%-0.8%-26.2M1.23B-6.5M1.233.84N/AN/A41,06950,481583,173526,830
2024-09-11$50.67$55.0025.8%7.5%20.9%43.4%25.8%3.4%0.2%-27.1M1.02B-6.5M0.5816.17N/AN/A54,28131,608593,632496,689
2024-09-12$51.02$55.0025.7%7.4%21.4%42.7%25.0%2.6%0.2%-21.1M820.8M-6.7M0.554.00N/AN/A81,32744,604617,401479,978
2024-09-13$51.03$52.5024.5%7.3%20.3%35.8%25.1%6.0%4.1%-11.5M762.9M-6.9M0.526.24N/AN/A64,05733,523652,510472,646
2024-09-16$51.25$52.5026.1%7.6%20.6%45.4%25.9%2.5%10.0%-9.4M693.4M-7.0M0.242.69N/AN/A51,00812,453646,205467,779
2024-09-17$52.09$52.5025.8%7.4%22.1%43.2%25.9%1.8%0.3%2.5M513.3M-7.4M0.272.68N/AN/A70,36818,687673,609470,790
2024-09-18$51.75$52.5025.2%7.2%21.5%39.8%25.4%2.1%-0.1%3.4M564.3M-7.2M0.1633.44N/AN/A47,4837,818686,977476,078
2024-09-19$52.11$52.5023.6%6.7%21.9%30.3%23.8%0.8%0.9%12.5M495.1M-7.4M0.7733.36N/AN/A47,48636,389698,954477,865
2024-09-20$51.61$52.5023.7%6.7%21.9%30.9%23.4%1.7%0.6%527.0K607.8M-7.1M0.573.68N/AN/A53,38030,467701,356481,176
2024-09-23$52.22$52.5023.9%6.7%20.9%31.9%23.5%1.7%0.5%7.8M389.4M-7.4M0.324.62N/AN/A71,61822,928556,582451,946
2024-09-24$52.31$52.5023.7%6.6%20.8%30.9%23.4%1.8%0.9%9.2M382.1M-7.4M0.233.00N/AN/A59,52813,441566,941464,978
2024-09-25$51.09$52.5025.2%7.1%21.7%39.9%25.7%1.5%0.7%-7.9M578.4M-7.2M0.173.55N/AN/A71,21112,408581,643470,481
2024-09-26$49.86$52.5027.6%7.8%22.7%54.0%27.3%2.1%0.8%-16.3M732.0M-7.0M0.583.50N/AN/A95,37354,895616,857475,185
2024-09-27$51.11$52.5027.9%7.8%24.7%55.8%27.8%3.2%1.7%3.6M416.8M-7.8M0.3925.01N/AN/A85,12832,829644,896487,986
2024-09-30$51.31$52.5028.6%7.9%25.0%59.8%28.2%1.8%6.7%7.9M329.5M-8.1M0.2213.74N/AN/A142,17630,711640,344488,654