OXY Options History — November 2024

In November 2024, OXY traded between $49.59 and $51.83. ATM implied volatility averaged 29.6%, placing in the 59.2% IV rank vs the trailing year. The 30-day expected move averaged 8.5%. IV traded above realized volatility by 5.1% (HV 20d: 24.4%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 12 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 0.38.

Notable Days

  • 2024-11-13: Highest Volume — 283,877 contracts
  • 2024-11-06: Largest IV drop — 16.6% change
  • 2024-11-05: Highest IV Rank — 100.0%
  • 2024-11-01: Largest Expected Move — 11.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.68$49.59$51.83$49.59$50.58
Max Pain$54.88$52.50$55.00$52.50$55.00
ATM IV29.6%24.2%37.2%36.3%24.2%
Expected Move8.5%7.2%11.9%11.9%7.2%
HV 20d24.4%20.9%26.8%22.6%26.8%
HV 60d25.6%24.1%26.8%24.1%26.2%
IV Rank59.2%30.5%100.0%95.5%30.5%
IV Percentile81.3%51.2%100.0%99.6%51.2%
Term Structure-0.5%-1.8%1.2%-0.3%0.1%
VWIV30.5%25.8%42.5%42.5%25.8%
Skew 25d0.6%0.1%1.7%1.4%0.2%
Skew 10d1.2%-17.7%14.5%2.3%1.2%
Call IV 25d29.7%24.4%37.2%36.4%24.4%
Put IV 25d30.3%24.6%38.1%37.7%24.6%
Bid-Ask Spread %18.477.0432.8722.8527.83
Gamma HHI0.110.070.360.360.07
Net GEX886.6K-60.1M37.1M-60.1M4.1M
Net DEX359.2M66.8M622.3M622.3M372.7M
Net VEX-8.2M-8.7M-7.7M-8.1M-7.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.170.700.440.40
Total Volume82,541.7526,321283,87785,88326,321
Total OI1,289,8171,230,2881,416,3051,279,2581,294,085

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2024-11-01$49.59$52.5036.3%11.9%22.6%95.5%42.5%1.4%-0.3%-60.1M622.3M-8.1M0.4422.85N/AN/A59,56626,317741,553537,705
2024-11-04$50.59$55.0036.3%10.1%24.1%95.5%35.8%1.7%0.1%616.3K386.1M-8.4M0.3716.62N/AN/A53,74219,832709,128521,160
2024-11-05$50.22$55.0037.2%10.2%22.0%100.0%36.4%0.9%-1.2%-161.5K450.8M-8.2M0.547.04N/AN/A42,98523,181724,118530,445
2024-11-06$51.75$55.0031.0%9.0%25.1%66.9%32.8%0.1%-1.3%13.0M162.3M-8.7M0.2911.11N/AN/A68,84319,697735,363546,875
2024-11-07$51.41$55.0033.5%9.2%24.5%80.1%32.5%0.3%-1.8%9.3M262.4M-8.4M0.3821.67N/AN/A42,48516,199740,762549,133
2024-11-08$50.30$55.0031.4%8.9%25.1%68.9%32.2%0.4%0.2%-7.5M504.1M-8.0M0.4911.23N/AN/A49,80424,539753,825555,885
2024-11-11$50.89$55.0032.3%9.1%24.9%73.6%32.0%0.7%-0.4%-2.1M405.7M-8.1M0.399.00N/AN/A46,19417,911734,691540,940
2024-11-12$50.28$55.0033.6%9.5%20.9%80.6%33.7%0.3%0.3%-3.1M460.6M-8.1M0.3216.96N/AN/A96,26130,574749,344546,566
2024-11-13$51.25$55.0029.6%8.3%22.0%59.5%30.0%0.1%-0.7%12.6M264.7M-8.2M0.2524.54N/AN/A227,17456,703795,763559,825
2024-11-14$50.41$55.0028.0%7.9%22.5%50.7%28.3%0.2%-0.6%-5.0M427.8M-8.1M0.3026.88N/AN/A97,04129,326825,847566,867
2024-11-15$49.75$55.0029.0%8.2%22.9%56.1%29.1%0.4%-0.7%-27.4M574.1M-8.0M0.7015.09N/AN/A52,20536,491849,229567,076
2024-11-18$51.09$55.0026.3%7.5%24.9%41.5%26.7%0.3%-0.6%8.7M243.9M-8.4M0.2215.02N/AN/A59,30713,090715,794522,218
2024-11-19$50.41$55.0027.7%7.9%25.2%49.3%28.0%1.1%-1.2%3.8M367.8M-8.2M0.2915.05N/AN/A34,67110,222731,182524,637
2024-11-20$50.91$55.0027.5%7.9%24.9%48.3%28.1%1.4%-1.0%11.2M266.7M-8.3M0.2718.55N/AN/A33,3998,935739,483529,606
2024-11-21$51.70$55.0026.3%7.6%25.6%41.7%27.5%0.5%-1.4%28.3M80.0M-8.5M0.1732.87N/AN/A68,70911,834746,127531,868
2024-11-22$51.83$55.0025.0%7.3%25.5%35.0%25.9%0.1%-1.0%37.1M66.8M-8.5M0.4217.06N/AN/A43,59718,118768,376530,334
2024-11-25$50.48$55.0025.6%7.5%26.3%38.0%28.2%0.6%0.6%426.0K379.6M-8.0M0.4215.69N/AN/A51,80121,683731,212509,373
2024-11-26$49.83$55.0026.2%7.7%26.4%41.0%27.2%1.0%-0.4%-7.4M495.0M-7.7M0.3125.72N/AN/A45,33314,102744,264515,310
2024-11-27$50.39$55.0024.4%7.3%26.7%31.6%26.1%0.1%1.2%1.3M390.6M-8.0M0.6518.54N/AN/A31,86520,778759,172521,199
2024-11-29$50.58$55.0024.2%7.2%26.8%30.5%25.8%0.2%0.1%4.1M372.7M-7.9M0.4027.83N/AN/A18,7697,552759,627534,458