OXY Options History — December 2024

In December 2024, OXY traded between $45.41 and $50.47. ATM implied volatility averaged 26.5%, placing in the 42.8% IV rank vs the trailing year. The 30-day expected move averaged 7.8%. IV traded below realized volatility by 0.1% (HV 20d: 26.6%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 14 of 21 days. Put/call ratio averaged 0.68.

Notable Days

2024-12-12: Highest Volume — 132,694 contracts
2024-12-31: Largest IV spike — 12.8% change
2024-12-19: Highest IV Rank — 61.8%
2024-12-19: Largest Expected Move — 8.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.05	$45.41	$50.47	$50.45	$49.40
Max Pain	$53.81	$52.50	$55.00	$55.00	$52.50
ATM IV	26.5%	23.8%	30.0%	24.0%	27.4%
Expected Move	7.8%	7.1%	8.7%	7.1%	7.9%
HV 20d	26.6%	23.8%	28.7%	26.2%	28.1%
HV 60d	26.5%	25.4%	27.8%	25.4%	25.7%
IV Rank	42.8%	28.2%	61.8%	29.4%	47.6%
IV Percentile	68.3%	46.0%	86.5%	49.2%	74.6%
Term Structure	0.3%	-2.2%	1.5%	0.6%	0.7%
VWIV	27.9%	25.4%	31.5%	25.4%	28.4%
Skew 25d	0.2%	-1.9%	8.8%	0.4%	0.4%
Skew 10d	-0.3%	-14.9%	4.5%	1.4%	0.6%
Call IV 25d	27.0%	20.2%	31.4%	23.9%	27.6%
Put IV 25d	27.3%	24.0%	31.4%	24.3%	28.0%
Bid-Ask Spread %	13.25	7.42	24.66	9.95	14.75
Gamma HHI	0.11	0.07	0.23	0.07	0.09
Net GEX	-1.3M	-23.8M	22.9M	2.6M	22.4M
Net DEX	494.7M	-11.7M	940.1M	415.3M	-11.7M
Net VEX	-7.2M	-7.8M	-6.4M	-7.6M	-7.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.68	0.20	3.09	0.34	0.31
Total Volume	78,678.571	41,310	132,694	62,829	63,569
Total OI	1,256,710.571	1,100,134	1,345,404	1,261,119	1,156,588

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Wall	Put Wall	Call Vol	Put Vol	Call OI	Put OI
2024-12-02	$50.45	$55.00	24.0%	7.1%	26.2%	29.4%	25.4%	0.4%	0.6%	2.6M	415.3M	-7.6M	0.34	9.95	N/A	N/A	46,853	15,976	741,877	519,242
2024-12-03	$50.47	$55.00	23.8%	7.1%	25.2%	28.2%	25.4%	-0.1%	0.5%	4.9M	406.6M	-7.6M	0.23	16.15	N/A	N/A	34,940	8,055	758,586	527,326
2024-12-04	$48.72	$55.00	24.9%	7.5%	28.1%	34.1%	27.5%	-0.1%	1.3%	-15.4M	726.5M	-7.1M	0.30	17.11	N/A	N/A	65,931	19,700	768,476	530,580
2024-12-05	$48.59	$55.00	23.9%	7.3%	25.5%	28.9%	27.0%	0.2%	1.0%	-14.8M	736.6M	-7.2M	0.33	7.72	N/A	N/A	37,423	12,468	794,034	538,851
2024-12-06	$47.58	$55.00	25.3%	7.7%	26.3%	36.5%	28.0%	-0.0%	1.1%	-13.1M	940.1M	-6.7M	0.61	8.64	N/A	N/A	75,387	46,046	804,510	540,894
2024-12-09	$48.83	$55.00	25.0%	7.6%	27.4%	34.7%	27.9%	-0.9%	1.5%	1.5M	624.5M	-7.4M	0.20	12.96	N/A	N/A	91,298	17,971	791,945	538,886
2024-12-10	$48.11	$55.00	25.8%	7.7%	27.3%	39.1%	27.3%	-0.7%	0.6%	-3.7M	770.4M	-7.2M	0.55	22.16	N/A	N/A	35,701	19,576	786,143	541,151
2024-12-11	$48.42	$55.00	26.7%	7.8%	27.3%	44.0%	26.8%	-1.2%	0.7%	1.3M	497.7M	-7.4M	0.72	13.07	N/A	N/A	25,926	18,717	793,355	499,078
2024-12-12	$48.33	$55.00	27.1%	8.0%	26.1%	45.8%	26.2%	-0.3%	0.9%	779.5K	520.5M	-7.4M	3.09	12.84	N/A	N/A	32,460	100,234	799,908	500,463
2024-12-13	$47.63	$55.00	26.9%	7.9%	26.0%	44.9%	28.3%	-0.6%	1.0%	-10.5M	622.9M	-7.1M	0.95	13.34	N/A	N/A	37,486	35,632	811,510	496,289
2024-12-16	$46.53	$55.00	27.9%	8.1%	26.8%	50.5%	29.0%	-0.4%	-0.1%	-14.9M	726.0M	-6.6M	0.54	8.03	N/A	N/A	44,673	24,153	787,370	481,216
2024-12-17	$46.47	$52.50	28.6%	8.2%	24.4%	54.0%	27.5%	-0.6%	-2.2%	-14.4M	683.9M	-6.6M	0.97	9.20	N/A	N/A	37,018	35,865	796,276	477,028
2024-12-18	$45.92	$52.50	28.8%	8.3%	24.3%	55.1%	31.1%	-1.9%	-0.2%	-14.5M	711.4M	-6.6M	0.42	14.34	N/A	N/A	38,696	16,156	810,645	477,173
2024-12-19	$45.41	$52.50	30.0%	8.7%	23.8%	61.8%	31.5%	0.1%	-1.7%	-23.8M	791.8M	-6.4M	1.43	10.51	N/A	N/A	47,024	67,056	811,583	479,603
2024-12-20	$47.39	$52.50	28.4%	8.2%	28.5%	53.0%	29.7%	-0.6%	-0.5%	-6.0M	352.7M	-7.3M	0.32	23.85	N/A	N/A	97,280	31,243	829,921	468,719
2024-12-23	$47.72	$52.50	27.5%	7.9%	28.7%	48.1%	28.4%	8.8%	-0.7%	7.3M	257.4M	-7.2M	0.43	24.66	N/A	N/A	68,003	29,364	704,047	396,087
2024-12-24	$48.16	$52.50	25.8%	7.4%	27.8%	38.9%	26.5%	1.6%	0.5%	14.7M	176.1M	-7.5M	0.49	11.82	N/A	N/A	27,708	13,602	735,754	412,297
2024-12-26	$48.10	$52.50	27.0%	7.7%	27.5%	45.4%	26.9%	0.8%	1.1%	13.5M	169.0M	-7.5M	0.99	10.51	N/A	N/A	43,179	42,725	742,028	418,035
2024-12-27	$48.41	$52.50	27.5%	8.1%	27.2%	48.1%	28.3%	0.2%	-0.1%	22.9M	115.1M	-7.6M	0.45	9.30	N/A	N/A	59,084	26,339	756,969	422,454
2024-12-30	$48.51	$52.50	24.3%	8.0%	27.2%	31.0%	28.2%	-0.3%	1.0%	12.4M	156.1M	-7.5M	0.71	7.42	N/A	N/A	36,114	25,619	732,588	411,437
2024-12-31	$49.40	$52.50	27.4%	7.9%	28.1%	47.6%	28.4%	0.4%	0.7%	22.4M	-11.7M	-7.8M	0.31	14.75	N/A	N/A	48,577	14,992	740,524	416,064