XOM Options History — January 2008

In January 2008, XOM traded between $82.45 and $93.83. ATM implied volatility averaged 30.6%, placing in the 69.7% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded above realized volatility by 7.3% (HV 20d: 23.3%). Max pain ranged from $80.00 to $95.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.88.

Notable Days

2008-01-23: Highest Volume — 92,506 contracts
2008-01-04: Largest IV spike — 16.6% change
2008-01-22: Highest IV Rank — 100.0%
2008-01-22: Largest Expected Move — 11.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$87.97	$82.45	$93.83	$93.51	$86.40
Max Pain	$90.24	$80.00	$95.00	$80.00	$85.00
ATM IV	30.6%	23.0%	38.6%	23.9%	29.7%
Expected Move	8.8%	6.6%	11.1%	6.8%	8.5%
HV 20d	23.3%	19.5%	28.8%	20.4%	28.7%
HV 60d	28.2%	27.2%	29.9%	27.3%	28.6%
IV Rank	69.7%	38.8%	100.0%	42.6%	64.1%
IV Percentile	87.1%	54.4%	100.0%	58.6%	85.7%
Term Structure	-1.6%	-4.4%	2.7%	1.8%	-0.3%
VWIV	30.7%	24.8%	38.4%	26.0%	30.7%
Skew 25d	6.2%	4.3%	23.5%	4.5%	23.5%
Skew 10d	9.0%	3.0%	14.7%	9.7%	3.0%
Call IV 25d	27.7%	15.4%	34.9%	22.9%	15.4%
Put IV 25d	33.9%	26.5%	41.3%	27.4%	38.9%
Bid-Ask Spread %	10.33	4.28	15.28	4.28	10.58
Gamma HHI	0.22	0.11	0.67	0.25	0.15
Net GEX	24.8M	-109.6M	76.9M	70.6M	13.5M
Net DEX	-1.49B	-3.36B	56.6M	-3.23B	-279.7M
Net VEX	-15.5M	-15.9M	-14.5M	-15.8M	-15.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.88	0.50	1.60	0.90	0.94
Total Volume	48,637.381	13,208	92,506	35,772	54,709
Total OI	1,199,966.571	702,893	1,515,513	1,424,923	809,614

Daily Data (21 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 Vol	Put Vol	Call OI	Put OI
2008-01-02	$93.51	$80.00	23.9%	6.8%	20.4%	42.6%	26.0%	4.5%	1.8%	70.6M	-3.23B	-15.8M	0.90	4.28	18,821	16,951	706,876	718,047
2008-01-03	$93.83	$80.00	23.0%	6.6%	20.0%	38.8%	24.8%	4.8%	2.7%	76.9M	-3.36B	-15.6M	0.77	6.47	7,444	5,764	712,578	720,931
2008-01-04	$92.08	$95.00	26.8%	8.1%	20.4%	55.1%	26.6%	4.9%	-0.5%	61.6M	-2.84B	-15.8M	0.96	10.18	22,698	21,710	712,030	721,690
2008-01-07	$91.22	$95.00	28.1%	8.2%	19.9%	60.9%	27.5%	4.9%	-0.7%	56.3M	-2.61B	-15.7M	0.68	9.14	28,352	19,302	720,245	725,666
2008-01-08	$90.05	$95.00	28.3%	8.4%	20.4%	61.7%	29.1%	5.1%	-1.1%	50.1M	-2.42B	-15.8M	0.62	13.62	21,520	13,445	724,033	729,761
2008-01-09	$91.56	$95.00	28.2%	8.3%	21.2%	61.0%	28.1%	5.4%	-0.9%	58.7M	-2.68B	-15.9M	0.50	12.40	21,533	10,736	726,800	732,171
2008-01-10	$91.66	$95.00	28.5%	8.2%	20.0%	62.4%	27.2%	5.0%	-0.7%	63.8M	-2.73B	-15.7M	0.67	12.47	29,053	19,572	735,192	732,800
2008-01-11	$90.30	$95.00	28.0%	8.0%	19.6%	60.4%	27.2%	4.4%	-0.7%	54.1M	-2.39B	-15.6M	1.31	11.28	20,517	26,919	741,888	735,615
2008-01-14	$90.83	$90.00	27.9%	8.0%	19.5%	59.8%	26.4%	4.7%	-1.1%	57.4M	-2.51B	-15.4M	0.96	12.41	17,480	16,795	744,508	745,362
2008-01-15	$89.02	$90.00	28.2%	8.1%	19.9%	61.4%	28.6%	4.4%	-1.0%	35.6M	-2.02B	-15.4M	1.60	11.59	20,665	33,074	747,331	751,953
2008-01-16	$86.53	$90.00	32.5%	9.3%	21.6%	79.6%	31.7%	4.3%	-3.1%	4.8M	-1.39B	-15.4M	0.90	9.82	35,112	31,498	751,200	755,773
2008-01-17	$83.91	$90.00	34.1%	9.8%	22.7%	86.6%	34.0%	5.0%	-3.6%	-16.5M	-712.6M	-15.2M	1.28	6.14	34,661	44,427	753,303	758,910
2008-01-18	$85.08	$90.00	34.2%	9.8%	23.6%	86.7%	34.3%	4.7%	-3.2%	-109.6M	-1.20B	-15.2M	0.93	13.50	42,743	39,885	756,035	759,478
2008-01-22	$82.45	$90.00	38.6%	11.1%	25.1%	100.0%	37.0%	5.3%	-4.4%	1.3M	56.6M	-14.5M	0.81	6.78	29,558	23,937	362,386	340,507
2008-01-23	$83.45	$90.00	36.6%	10.5%	24.9%	91.7%	38.4%	6.6%	-4.3%	2.7M	-1.4M	-15.0M	0.75	10.15	52,843	39,663	370,617	346,516
2008-01-24	$86.00	$90.00	33.9%	9.7%	27.9%	81.0%	33.9%	6.8%	-3.0%	8.2M	-274.9M	-15.5M	0.67	7.68	27,067	18,194	388,113	355,166
2008-01-25	$83.94	$90.00	33.9%	9.7%	28.0%	80.7%	34.5%	7.2%	-1.3%	5.0M	-90.7M	-15.4M	1.09	10.16	20,143	21,998	396,716	361,023
2008-01-28	$85.13	$90.00	34.0%	9.7%	28.8%	81.3%	34.4%	7.2%	-2.4%	7.7M	-212.5M	-15.4M	0.52	15.28	25,679	13,285	402,151	365,596
2008-01-29	$85.08	$90.00	32.8%	9.4%	28.0%	76.3%	32.9%	5.7%	-2.4%	8.7M	-206.9M	-15.6M	0.83	13.54	17,953	14,984	411,681	371,019
2008-01-30	$85.28	$90.00	31.7%	9.1%	28.0%	72.1%	32.1%	6.6%	-2.7%	9.8M	-207.7M	-15.6M	0.67	9.49	24,325	16,370	420,001	378,016
2008-01-31	$86.40	$85.00	29.7%	8.5%	28.7%	64.1%	30.7%	23.5%	-0.3%	13.5M	-279.7M	-15.8M	0.94	10.58	28,144	26,565	429,255	380,359