OXY Options History — January 2025

In January 2025, OXY traded between $46.64 and $52.72. ATM implied volatility averaged 28.2%, placing in the 52.0% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 4.0% (HV 20d: 24.3%). Max pain ranged from $50.00 to $52.50. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.40.

Notable Days

  • 2025-01-31: Highest Volume — 164,149 contracts
  • 2025-01-21: Largest IV spike — 12.8% change
  • 2025-01-31: Highest IV Rank — 71.4%
  • 2025-01-31: Largest Expected Move — 9.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$50.48$46.64$52.72$49.89$46.64
Max Pain$50.25$50.00$52.50$52.50$50.00
ATM IV28.2%25.1%31.9%27.8%31.9%
Expected Move8.6%7.3%9.6%8.1%9.6%
HV 20d24.3%21.5%28.4%28.4%26.5%
HV 60d25.2%24.3%26.6%25.8%26.6%
IV Rank52.0%35.3%71.4%49.9%71.4%
IV Percentile76.3%51.6%93.3%78.6%93.3%
Term Structure0.4%-2.0%3.5%0.4%-0.8%
VWIV30.5%25.9%34.3%28.7%34.3%
Skew 25d0.2%-2.3%1.0%0.9%0.4%
Skew 10d1.5%-2.8%11.6%11.6%0.3%
Call IV 25d28.5%24.2%32.4%27.7%32.4%
Put IV 25d28.6%24.5%32.8%28.6%32.8%
Bid-Ask Spread %11.393.0623.7717.9612.30
Gamma HHI0.100.080.140.100.08
Net GEX23.4M-4.9M47.2M29.2M-1.4M
Net DEX-176.4M-610.4M433.7M-100.7M433.7M
Net VEX-7.5M-8.1M-6.3M-7.9M-6.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.400.181.070.390.38
Total Volume72,868.530,695164,14993,344164,149
Total OI1,087,850.85894,3551,248,5281,169,813983,557

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-01-02$49.89$52.5027.8%8.1%28.4%49.9%28.7%0.9%0.4%29.2M-100.7M-7.9M0.3917.96N/AN/A66,94126,403747,722422,091
2025-01-03$50.51$52.5026.0%7.3%25.6%40.3%25.9%0.9%0.4%32.5M-208.2M-7.8M0.4016.92N/AN/A47,54419,193757,715422,673
2025-01-06$50.64$50.0027.0%8.5%25.5%45.3%30.0%0.3%0.2%26.4M-200.2M-7.8M0.3023.77N/AN/A55,65716,730752,470417,055
2025-01-07$51.55$50.0026.8%8.5%24.6%44.3%30.8%-1.0%-0.0%36.1M-393.8M-7.9M0.2822.57N/AN/A68,84319,340762,067420,110
2025-01-08$51.05$50.0026.6%8.6%23.6%43.1%30.0%1.0%-0.3%30.6M-270.7M-7.9M0.6716.21N/AN/A44,40529,577774,535428,943
2025-01-10$51.28$50.0027.8%8.8%22.7%49.8%30.9%0.6%0.0%31.0M-320.9M-7.9M0.204.44N/AN/A73,31414,751783,965435,000
2025-01-13$52.72$50.0028.7%9.0%24.3%54.9%32.4%0.5%2.7%41.4M-602.4M-8.1M0.184.81N/AN/A100,95918,642765,665424,849
2025-01-14$51.91$50.0027.4%8.7%25.2%47.4%31.3%0.2%3.2%35.5M-439.1M-8.0M0.464.14N/AN/A31,59814,441787,688427,651
2025-01-15$52.72$50.0025.4%8.3%24.6%36.8%29.9%0.7%3.5%46.9M-610.4M-7.9M0.333.06N/AN/A67,84222,247796,981426,465
2025-01-16$52.41$50.0025.8%8.1%22.6%38.8%29.0%0.2%3.0%47.2M-547.4M-7.7M1.079.76N/AN/A28,66030,575806,284433,127
2025-01-17$51.95$50.0025.1%7.8%23.1%35.3%27.7%0.3%3.1%35.4M-344.6M-7.6M0.359.76N/AN/A51,72318,321807,718440,810
2025-01-21$50.28$50.0028.3%8.2%26.2%52.5%29.2%0.1%-0.5%16.2M-92.3M-7.1M0.414.03N/AN/A64,64826,518572,887321,468
2025-01-22$50.48$50.0029.0%8.3%25.5%56.5%29.3%-0.4%-0.3%17.5M-123.1M-7.3M0.276.75N/AN/A37,37310,184592,359335,533
2025-01-23$50.22$50.0029.3%8.5%21.5%57.8%29.7%0.4%-1.4%12.6M-85.3M-7.2M0.2810.54N/AN/A33,4679,291601,876338,982
2025-01-24$49.23$50.0029.6%8.6%22.9%59.3%30.2%0.1%-0.9%-4.9M91.1M-6.9M0.6313.00N/AN/A47,96730,456608,883340,372
2025-01-27$49.53$50.0030.5%9.1%22.8%64.2%32.5%-2.3%-0.1%13.0M-8.5M-7.1M0.3910.55N/AN/A39,65315,509592,807339,459
2025-01-28$49.14$50.0030.6%9.1%23.1%64.5%32.2%0.2%-2.0%10.7M56.0M-7.1M0.2610.17N/AN/A33,1928,645605,095346,124
2025-01-29$48.84$50.0030.6%9.3%23.1%64.9%32.8%0.4%-1.5%7.9M99.3M-6.9M0.3715.94N/AN/A22,4458,250615,481349,369
2025-01-30$48.64$50.0030.2%9.2%23.1%62.4%32.4%0.1%-1.4%4.2M139.6M-6.9M0.3211.17N/AN/A28,8039,114619,572351,609
2025-01-31$46.64$50.0031.9%9.6%26.5%71.4%34.3%0.4%-0.8%-1.4M433.7M-6.3M0.3812.30N/AN/A119,11945,030626,259357,298