OXY Options History — August 2025

In August 2025, OXY traded between $42.59 and $47.52. ATM implied volatility averaged 30.4%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 5.0% (HV 20d: 25.3%). Max pain ranged from $45.00 to $45.00. Net GEX was positive for 13 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.94.

Notable Days

  • 2025-08-14: Highest Volume — 96,989 contracts
  • 2025-08-07: Largest IV drop — 11.2% change
  • 2025-08-01: Highest IV Rank — 33.5%
  • 2025-08-01: Largest Expected Move — 11.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.74$42.59$47.52$43.20$47.52
Max Pain$45.00$45.00$45.00$45.00$45.00
ATM IV30.4%27.3%36.4%36.4%27.3%
Expected Move8.7%7.8%11.8%11.8%7.8%
HV 20d25.3%19.4%36.6%36.6%19.4%
HV 60d31.0%29.8%34.5%34.5%29.8%
IV Rank21.9%14.8%33.5%33.5%14.8%
IV Percentile45.6%21.8%88.9%88.9%21.8%
Term Structure-0.0%-1.2%1.2%-1.2%0.3%
VWIV31.6%27.5%41.8%41.8%27.5%
Skew 25d2.1%1.4%2.9%1.9%2.0%
Skew 10d6.3%3.5%15.3%5.0%4.4%
Call IV 25d29.8%26.9%36.5%36.5%26.9%
Put IV 25d32.0%28.8%38.5%38.5%28.8%
Bid-Ask Spread %15.084.5628.3519.6718.35
Gamma HHI0.100.070.130.100.12
Net GEX6.1M-4.9M23.8M-2.7M20.5M
Net DEX-46.9M-444.7M224.0M144.1M-441.5M
Net VEX-6.1M-6.3M-5.9M-6.1M-6.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.244.960.610.33
Total Volume48,479.85723,14896,98931,30645,975
Total OI967,275.333900,6121,063,797941,7581,000,518

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call WallPut WallCall VolPut VolCall OIPut OI
2025-08-01$43.20$45.0036.4%11.8%36.6%33.5%41.8%1.9%-1.2%-2.7M144.1M-6.1M0.6119.67N/AN/A19,48811,818528,371413,387
2025-08-04$42.86$45.0035.1%9.9%36.3%31.2%35.1%1.5%0.4%-3.4M179.4M-5.9M0.8114.41N/AN/A21,98717,917512,309405,493
2025-08-05$43.03$45.0035.0%10.0%29.5%30.9%35.4%1.6%0.6%-2.7M164.4M-6.0M0.4112.68N/AN/A22,0889,146519,070417,021
2025-08-06$42.59$45.0034.4%9.8%29.6%29.8%37.5%1.7%0.2%-4.9M224.0M-6.0M1.8622.43N/AN/A26,98950,201527,223421,923
2025-08-07$43.89$45.0030.6%8.8%31.7%22.6%31.4%1.4%1.2%3.0M52.3M-6.2M0.609.30N/AN/A38,59323,068538,887459,538
2025-08-08$44.22$45.0029.9%8.6%31.4%21.4%32.3%2.1%0.6%5.6M14.2M-6.2M0.635.22N/AN/A29,40218,427544,702465,817
2025-08-11$43.92$45.0030.8%8.7%29.7%23.1%31.4%1.6%-0.9%-1.1M72.0M-6.0M0.715.09N/AN/A17,72812,622533,766463,127
2025-08-12$44.17$45.0029.5%8.3%22.8%20.7%29.9%1.9%-1.0%1.6M38.9M-6.0M0.474.98N/AN/A15,7097,439538,530469,597
2025-08-13$44.75$45.0029.2%8.4%23.1%20.0%29.9%2.5%0.2%7.1M-52.8M-6.1M0.424.56N/AN/A18,1377,529542,957472,084
2025-08-14$44.70$45.0029.7%8.5%22.3%21.0%33.6%1.7%-0.0%9.4M-54.7M-6.1M4.9618.97N/AN/A16,27380,716547,957474,624
2025-08-15$44.70$45.0029.4%8.5%22.3%20.5%29.7%2.3%-0.1%6.7M-6.5M-6.2M0.5028.35N/AN/A38,04319,181552,745511,052
2025-08-18$44.20$45.0029.3%8.4%22.0%20.2%29.9%2.3%-0.2%-2.8M70.2M-6.0M0.6314.39N/AN/A22,11513,907468,340432,272
2025-08-19$43.92$45.0029.9%8.5%21.6%21.3%30.5%2.3%-0.3%-3.2M94.9M-5.9M0.8216.65N/AN/A16,55513,583477,735437,992
2025-08-20$44.39$45.0029.9%8.6%20.9%21.4%29.6%2.9%0.1%-220.6K40.2M-6.0M0.2416.77N/AN/A23,7535,596478,635446,067
2025-08-21$44.64$45.0030.0%8.6%21.0%21.0%33.1%2.6%-0.4%4.7M-13.4M-6.1M1.1618.92N/AN/A24,10428,016489,394447,518
2025-08-22$45.95$45.0027.9%8.0%23.3%16.7%28.2%2.8%-0.1%21.7M-235.4M-6.1M0.5512.69N/AN/A40,77722,506496,269455,541
2025-08-25$46.39$45.0028.1%8.0%22.9%17.2%31.3%2.3%0.3%13.5M-259.0M-6.1M1.4612.17N/AN/A31,41645,811486,473450,847
2025-08-26$46.00$45.0028.4%8.1%23.1%17.7%28.0%2.7%-0.1%12.8M-199.5M-6.0M0.5620.46N/AN/A15,5218,722495,867455,852
2025-08-27$47.05$45.0028.7%8.2%21.1%18.4%29.0%2.3%0.0%19.3M-371.5M-6.1M0.3913.77N/AN/A41,56816,201498,717459,637
2025-08-28$47.48$45.0028.0%8.0%21.1%16.1%28.8%2.3%0.1%23.8M-444.7M-6.1M1.6726.79N/AN/A29,74049,710507,496467,432
2025-08-29$47.52$45.0027.3%7.8%19.4%14.8%27.5%2.0%0.3%20.5M-441.5M-6.3M0.3318.35N/AN/A34,62911,346514,762485,756