OXY Options History — February 2025

In February 2025, OXY traded between $46.30 and $52.25. ATM implied volatility averaged 30.4%, placing in the 63.7% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 0.1% (HV 20d: 30.4%). Max pain ranged from $50.00 to $50.00. Net GEX was positive for 12 of 19 trading days. Term structure was in contango for 1 of 19 days. Put/call ratio averaged 0.46.

Notable Days

  • 2025-02-19: Highest Volume — 206,521 contracts
  • 2025-02-19: Largest IV drop — 19.8% change
  • 2025-02-03: Highest IV Rank — 81.2%
  • 2025-02-03: Largest Expected Move — 10.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$48.59$46.30$52.25$46.30$48.72
Max Pain$50.00$50.00$50.00$50.00$50.00
ATM IV30.4%25.4%33.7%33.7%29.0%
Expected Move8.8%7.3%10.7%10.7%8.2%
HV 20d30.4%26.1%34.5%26.1%34.5%
HV 60d27.2%25.8%28.6%26.3%28.2%
IV Rank63.7%36.8%81.2%81.2%56.1%
IV Percentile83.7%54.8%97.6%97.6%77.4%
Term Structure-0.7%-3.0%0.0%-0.6%-0.6%
VWIV31.3%26.3%37.6%37.6%28.6%
Skew 25d0.3%-0.4%1.2%0.2%0.7%
Skew 10d0.1%-3.9%1.8%-3.9%0.4%
Call IV 25d30.6%25.4%33.9%33.9%28.7%
Put IV 25d30.9%26.0%34.0%34.0%29.4%
Bid-Ask Spread %17.173.0025.7715.4225.77
Gamma HHI0.080.070.120.090.08
Net GEX7.5M-3.4M46.0M-3.1M-3.4M
Net DEX85.5M-587.8M389.1M389.1M158.0M
Net VEX-7.0M-7.4M-6.4M-6.4M-6.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.460.300.820.340.63
Total Volume68,917.31629,613206,52183,18966,690
Total OI991,960.526904,6291,071,439950,555965,781

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-02-03$46.30$50.0033.7%10.7%26.1%81.2%37.6%0.2%-0.6%-3.1M389.1M-6.4M0.3415.42N/AN/A62,19520,994596,577353,978
2025-02-04$47.56$50.0033.0%10.3%27.8%77.6%35.9%1.2%-3.0%7.4M211.5M-6.9M0.3119.07N/AN/A57,72217,635615,702364,152
2025-02-05$47.36$50.0031.8%10.3%27.7%71.4%36.2%-0.0%-0.2%4.1M258.1M-6.8M0.4212.19N/AN/A20,8248,789618,710367,151
2025-02-06$46.92$50.0032.2%8.8%26.6%73.1%31.5%0.3%-0.6%-309.5K324.1M-6.7M0.408.91N/AN/A31,61112,509625,732371,938
2025-02-07$46.70$50.0031.8%8.8%26.5%71.1%31.3%-0.4%-0.6%-816.6K353.5M-6.7M0.488.56N/AN/A26,43712,726632,493375,543
2025-02-10$48.50$50.0032.0%9.1%30.4%72.4%31.9%0.6%-0.5%10.2M77.6M-7.1M0.4214.56N/AN/A41,21317,411607,739367,958
2025-02-11$48.66$50.0032.3%9.0%28.3%74.0%31.7%0.8%-0.9%12.6M54.0M-7.2M0.493.00N/AN/A40,45319,830614,442375,375
2025-02-12$47.64$50.0032.8%9.1%28.7%76.8%32.4%0.0%-0.9%2.2M217.4M-7.0M0.5319.41N/AN/A28,72715,208617,600386,198
2025-02-13$47.75$50.0031.9%8.9%27.8%71.4%32.4%-0.1%-0.9%2.5M201.9M-7.0M0.4018.97N/AN/A32,63213,147624,964393,468
2025-02-14$48.03$50.0032.4%9.1%28.1%74.2%32.5%-0.2%-0.9%7.3M151.0M-7.1M0.3814.60N/AN/A36,68913,814637,004399,824
2025-02-18$49.09$50.0032.4%9.2%29.5%74.5%33.0%0.0%-1.0%9.4M1.3M-7.3M0.3819.10N/AN/A79,58830,608614,190392,727
2025-02-19$51.14$50.0026.0%7.4%31.2%40.0%26.7%0.1%-0.2%34.9M-422.8M-7.4M0.3720.14N/AN/A150,74155,780650,096409,507
2025-02-20$52.25$50.0025.4%7.3%32.0%36.8%26.3%0.6%0.0%46.0M-587.8M-7.4M0.3020.30N/AN/A87,08126,221642,392418,363
2025-02-21$50.55$50.0027.2%7.8%34.3%46.5%27.9%0.7%-0.6%13.1M-235.7M-7.2M0.6220.65N/AN/A58,07435,865645,877425,562
2025-02-24$49.92$50.0027.8%7.9%33.8%49.8%29.6%0.2%-0.2%6.8M-19.8M-7.0M0.8225.52N/AN/A34,98528,715542,284362,345
2025-02-25$48.89$50.0028.5%8.3%34.5%53.5%29.4%0.7%-0.3%-624.5K142.6M-6.9M0.3421.94N/AN/A34,04811,734551,514380,039
2025-02-26$48.54$50.0028.8%8.3%34.5%55.0%29.5%0.7%-0.6%-3.0M191.1M-6.9M0.6819.23N/AN/A23,04715,604557,958383,564
2025-02-27$48.78$50.0028.9%8.5%34.5%55.8%29.9%0.0%-0.6%-2.7M158.8M-7.0M0.4418.85N/AN/A27,84712,235564,684393,819
2025-02-28$48.72$50.0029.0%8.2%34.5%56.1%28.6%0.7%-0.6%-3.4M158.0M-6.9M0.6325.77N/AN/A41,01625,674572,825392,956