OXY Options History — July 2025

In July 2025, OXY traded between $42.72 and $46.41. ATM implied volatility averaged 34.1%, placing in the 29.3% IV rank vs the trailing year. The 30-day expected move averaged 10.0%. IV traded below realized volatility by 2.4% (HV 20d: 36.5%). Max pain ranged from $44.50 to $45.00. Net GEX was positive for 18 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 0.79.

Notable Days

2025-07-01: Highest Volume — 96,461 contracts
2025-07-02: Largest IV drop — 12.3% change
2025-07-15: Highest IV Rank — 33.7%
2025-07-31: Largest Expected Move — 11.3%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.30	$42.72	$46.41	$43.04	$44.02
Max Pain	$44.98	$44.50	$45.00	$45.00	$45.00
ATM IV	34.1%	30.7%	36.4%	35.0%	35.3%
Expected Move	10.0%	8.7%	11.3%	8.8%	11.3%
HV 20d	36.5%	31.8%	40.0%	34.5%	36.0%
HV 60d	39.7%	34.3%	58.0%	58.0%	34.3%
IV Rank	29.3%	22.8%	33.7%	30.9%	31.5%
IV Percentile	78.8%	55.6%	89.3%	84.5%	85.7%
Term Structure	-0.4%	-2.2%	3.4%	0.9%	-1.3%
VWIV	35.7%	31.4%	41.6%	33.4%	40.0%
Skew 25d	1.4%	-2.8%	3.7%	1.2%	1.7%
Skew 10d	7.7%	1.7%	21.1%	2.1%	4.6%
Call IV 25d	33.9%	30.3%	36.1%	31.3%	35.2%
Put IV 25d	35.3%	31.5%	37.9%	32.5%	36.9%
Bid-Ask Spread %	11.41	2.95	28.95	5.80	22.91
Gamma HHI	0.08	0.06	0.10	0.07	0.08
Net GEX	9.0M	-6.7M	26.1M	-4.4M	2.2M
Net DEX	-75.1M	-485.0M	199.3M	128.5M	29.6M
Net VEX	-6.4M	-6.9M	-6.0M	-6.6M	-6.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.79	0.33	2.58	2.05	0.47
Total Volume	44,167.818	19,343	96,461	96,461	19,343
Total OI	989,841.227	903,220	1,066,669	1,043,187	940,618

Daily Data (22 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
2025-07-01	$43.04	$45.00	35.0%	8.8%	34.5%	30.9%	33.4%	1.2%	0.9%	-4.4M	128.5M	-6.6M	2.05	5.80	N/A	N/A	31,649	64,812	573,118	470,069
2025-07-02	$43.78	$44.50	30.7%	8.7%	32.9%	22.8%	31.4%	1.2%	0.4%	4.9M	-2.6M	-6.8M	0.43	6.35	N/A	N/A	33,381	14,278	584,719	470,188
2025-07-03	$43.83	$45.00	30.7%	9.4%	31.8%	22.8%	32.8%	1.2%	3.4%	11.2M	-12.6M	-6.7M	0.59	16.89	N/A	N/A	17,824	10,493	592,446	474,223
2025-07-07	$43.20	$45.00	34.0%	10.0%	32.3%	29.0%	35.1%	0.8%	0.3%	-1.0M	100.1M	-6.5M	0.57	11.81	N/A	N/A	20,947	11,842	561,664	455,027
2025-07-08	$45.72	$45.00	34.1%	9.9%	37.5%	29.4%	34.6%	-2.8%	0.1%	17.0M	-304.4M	-6.9M	0.34	12.46	N/A	N/A	52,755	18,087	564,595	457,403
2025-07-09	$45.47	$45.00	33.5%	9.7%	37.2%	28.2%	34.5%	3.7%	0.2%	18.9M	-270.5M	-6.8M	1.39	11.69	N/A	N/A	29,009	40,354	571,960	458,912
2025-07-10	$45.80	$45.00	33.3%	9.6%	37.1%	27.8%	33.6%	1.1%	0.2%	26.1M	-373.2M	-6.6M	0.65	10.10	N/A	N/A	17,839	11,545	584,157	434,743
2025-07-11	$46.41	$45.00	33.8%	9.5%	36.4%	28.6%	34.1%	0.9%	-0.8%	24.2M	-485.0M	-6.7M	0.36	3.32	N/A	N/A	34,368	12,346	588,763	439,048
2025-07-14	$45.03	$45.00	35.2%	10.1%	38.1%	31.3%	35.6%	1.5%	-1.8%	11.2M	-194.7M	-6.4M	0.73	3.34	N/A	N/A	21,906	15,984	573,037	429,147
2025-07-15	$42.72	$45.00	36.4%	10.4%	40.0%	33.7%	36.9%	1.8%	-1.1%	-6.0M	187.7M	-6.0M	0.72	4.46	N/A	N/A	40,241	28,865	576,887	433,433
2025-07-16	$42.73	$45.00	35.5%	10.2%	39.4%	31.9%	36.8%	1.0%	-0.9%	-6.7M	199.3M	-6.1M	0.33	2.95	N/A	N/A	45,006	15,035	588,981	444,145
2025-07-17	$43.53	$45.00	34.9%	10.0%	39.6%	30.8%	34.7%	1.5%	-0.1%	2.7M	50.6M	-6.3M	0.41	5.87	N/A	N/A	25,913	10,721	609,498	449,092
2025-07-18	$43.64	$45.00	34.6%	10.0%	39.4%	30.3%	35.1%	1.4%	-1.0%	6.4M	23.0M	-6.2M	0.39	3.79	N/A	N/A	37,789	14,667	611,709	448,355
2025-07-21	$43.00	$45.00	34.7%	10.2%	39.5%	30.5%	35.9%	2.2%	-0.7%	2.8M	93.4M	-6.0M	0.53	13.19	N/A	N/A	18,908	10,047	527,132	380,509
2025-07-22	$43.64	$45.00	34.5%	10.2%	37.3%	30.0%	36.0%	1.6%	-0.6%	7.1M	10.6M	-6.2M	1.03	10.81	N/A	N/A	13,344	13,751	535,042	386,442
2025-07-23	$44.44	$45.00	34.3%	10.1%	35.7%	29.6%	35.8%	1.8%	-0.8%	14.5M	-109.0M	-6.4M	0.49	17.04	N/A	N/A	17,360	8,544	540,616	394,103
2025-07-24	$44.56	$45.00	33.7%	10.0%	35.7%	28.6%	36.0%	1.9%	-1.5%	18.3M	-132.0M	-6.3M	0.98	16.43	N/A	N/A	12,688	12,428	546,817	394,592
2025-07-25	$44.78	$45.00	33.6%	10.0%	35.5%	28.3%	35.2%	1.7%	0.1%	19.0M	-165.1M	-6.3M	0.77	18.87	N/A	N/A	19,219	14,738	547,805	398,962
2025-07-28	$45.50	$45.00	33.7%	10.2%	35.2%	28.6%	36.3%	1.6%	-2.2%	12.4M	-204.9M	-6.3M	0.54	14.09	N/A	N/A	17,596	9,480	517,762	385,458
2025-07-29	$45.53	$45.00	34.5%	10.8%	35.0%	30.0%	40.6%	1.5%	-1.0%	12.8M	-218.6M	-6.3M	2.58	9.81	N/A	N/A	20,129	51,920	522,096	388,666
2025-07-30	$44.13	$45.00	33.9%	11.3%	36.4%	29.0%	41.6%	1.4%	0.3%	4.5M	-2.6M	-6.2M	1.03	28.95	N/A	N/A	16,994	17,547	524,336	400,232
2025-07-31	$44.02	$45.00	35.3%	11.3%	36.0%	31.5%	40.0%	1.7%	-1.3%	2.2M	29.6M	-6.3M	0.47	22.91	N/A	N/A	13,116	6,227	527,078	413,540