XOM Options History — January 2007

In January 2007, XOM traded between $70.98 and $74.90. ATM implied volatility averaged 22.2%. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 0.3% (HV 20d: 22.5%). Max pain ranged from $65.00 to $75.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 0.94.

Notable Days

  • 2007-01-04: Highest Volume — 101,662 contracts
  • 2007-01-30: Largest IV drop — 9.0% change
  • 2007-01-10: Largest Expected Move — 7.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$73.01$70.98$74.90$74.11$74.10
Max Pain$72.63$65.00$75.00$65.00$72.50
ATM IV22.2%18.9%25.1%22.6%18.9%
Expected Move6.5%5.4%7.3%6.5%5.4%
HV 20d22.5%21.8%23.5%23.5%21.8%
Term Structure-0.8%-1.9%1.8%1.2%0.7%
VWIV22.7%19.4%25.2%22.9%19.4%
Skew 25d2.2%1.2%4.9%1.2%4.9%
Skew 10d3.0%-3.4%10.3%3.7%9.2%
Call IV 25d21.8%15.7%24.7%23.0%15.7%
Put IV 25d24.0%20.6%26.6%24.2%20.6%
Bid-Ask Spread %6.243.8612.006.418.16
Gamma HHI0.210.170.280.260.20
Net GEX33.2M7.7M60.3M60.3M20.2M
Net DEX-1.76B-3.05B-720.3M-3.05B-1.19B
Net VEX-14.4M-15.6M-13.4M-14.2M-15.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.940.401.930.800.73
Total Volume53,669.817,724101,66274,05042,933
Total OI1,404,952.1834,7411,765,8251,591,4121,060,660

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2007-01-03$74.11$65.0022.6%6.5%0.0%0.0%22.9%1.2%1.2%60.3M-3.05B-14.2M0.806.4141,22632,824863,271728,141
2007-01-04$72.72$65.0022.5%6.4%0.0%0.0%22.9%1.8%1.8%53.1M-2.42B-14.0M1.284.8244,66356,999867,346736,659
2007-01-05$73.24$75.0021.7%6.9%0.0%0.0%24.0%3.0%-1.3%53.7M-2.72B-14.2M1.115.4225,71728,644879,078752,817
2007-01-08$72.65$75.0022.6%7.0%0.0%0.0%24.3%2.2%-1.3%48.5M-2.46B-14.1M0.765.4831,60824,120883,925769,313
2007-01-09$72.09$75.0022.0%6.9%0.0%0.0%24.3%2.1%-1.4%47.5M-2.15B-14.3M1.066.0027,14928,708890,211772,160
2007-01-10$70.99$75.0023.9%7.3%0.0%0.0%25.2%2.4%-1.9%45.9M-1.64B-14.1M0.9812.0040,17239,546896,803781,926
2007-01-11$70.98$75.0025.1%7.2%0.0%0.0%24.4%2.6%-1.5%47.7M-1.65B-14.2M1.935.2125,84049,953907,602798,388
2007-01-12$72.66$75.0023.8%6.8%0.0%0.0%24.1%2.4%-1.5%47.4M-2.34B-14.5M0.615.4326,27215,928908,286826,310
2007-01-16$71.63$75.0024.6%7.0%0.0%0.0%25.0%1.9%-1.8%46.2M-1.86B-13.8M0.725.5323,62916,993913,718826,822
2007-01-17$72.46$72.5023.6%6.8%0.0%0.0%23.9%2.2%-1.6%43.7M-2.19B-13.7M0.406.4129,14211,523916,535831,633
2007-01-18$71.96$72.5023.6%6.8%0.0%0.0%24.1%2.9%-1.4%41.5M-1.97B-13.6M1.106.3529,72932,557922,482831,759
2007-01-19$73.53$72.5022.9%6.6%0.0%0.0%22.7%2.0%-1.8%14.5M-2.79B-13.4M1.047.6134,48235,962927,923837,902
2007-01-22$72.90$72.5022.0%6.3%0.0%0.0%22.2%1.6%-1.0%7.7M-720.3M-13.6M1.437.7922,76332,499419,111415,630
2007-01-23$74.49$72.5020.4%5.9%0.0%0.0%21.1%2.0%-0.7%15.0M-1.03B-13.6M1.116.1722,42824,957433,125434,328
2007-01-24$74.90$72.5019.9%5.7%0.0%0.0%20.3%2.5%-0.1%17.0M-1.21B-14.9M0.787.1019,14614,948490,972495,140
2007-01-25$73.52$72.5021.6%6.2%23.5%0.0%21.1%1.8%-0.6%11.3M-881.0M-15.3M0.933.8622,27520,823499,021498,115
2007-01-26$73.61$72.5021.6%6.2%22.8%0.0%21.2%1.6%-0.8%13.6M-949.1M-15.6M0.595.6211,1706,554513,299509,028
2007-01-29$73.20$72.5021.4%6.1%22.1%0.0%21.4%1.3%-0.7%9.9M-830.0M-15.4M0.894.8113,50811,987512,962510,743
2007-01-30$74.39$72.5019.5%5.6%22.4%0.0%20.1%1.2%0.2%19.3M-1.16B-15.4M0.634.6933,14720,872522,025513,873
2007-01-31$74.10$72.5018.9%5.4%21.8%0.0%19.4%4.9%0.7%20.2M-1.19B-15.6M0.738.1624,84418,089535,763524,897