XOM Options History — January 2018

In January 2018, XOM traded between $85.08 and $88.80. ATM implied volatility averaged 15.7%, placing in the 66.7% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 4.1% (HV 20d: 11.6%). Max pain ranged from $82.50 to $85.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.55.

Notable Days

2018-01-03: Highest Volume — 97,717 contracts
2018-01-23: Largest IV spike — 11.0% change
2018-01-29: Highest IV Rank — 100.0%
2018-01-29: Largest Expected Move — 6.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$87.33	$85.08	$88.80	$85.08	$87.42
Max Pain	$82.90	$82.50	$85.00	$82.50	$83.50
ATM IV	15.7%	12.9%	18.5%	13.0%	17.9%
Expected Move	4.6%	3.1%	6.0%	3.1%	5.8%
HV 20d	11.6%	9.5%	14.0%	9.5%	13.3%
HV 60d	10.1%	8.8%	11.2%	8.8%	11.2%
IV Rank	66.7%	32.0%	100.0%	32.1%	92.8%
IV Percentile	80.2%	36.5%	100.0%	36.9%	98.4%
Term Structure	-0.3%	-1.5%	1.3%	1.1%	-0.6%
VWIV	16.3%	11.4%	20.9%	11.4%	20.4%
Skew 25d	1.3%	-0.4%	2.1%	1.7%	-0.4%
Skew 10d	2.3%	-2.0%	5.4%	3.3%	-1.7%
Call IV 25d	15.1%	12.0%	18.1%	12.6%	17.6%
Put IV 25d	16.5%	13.8%	18.7%	14.2%	17.2%
Bid-Ask Spread %	4.91	2.33	12.08	2.95	12.08
Gamma HHI	0.20	0.17	0.40	0.21	0.18
Net GEX	142.4M	101.5M	268.4M	133.6M	111.4M
Net DEX	-1.53B	-2.11B	-866.3M	-1.17B	-995.8M
Net VEX	-7.6M	-8.9M	-6.8M	-6.8M	-8.7M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.55	0.27	1.02	0.38	0.66
Total Volume	57,244.81	34,290	97,717	67,460	34,290
Total OI	853,278.381	524,294	1,059,892	953,659	626,046

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
2018-01-02	$85.08	$82.50	13.0%	3.1%	9.5%	32.1%	11.4%	1.7%	1.1%	133.6M	-1.17B	-6.8M	0.38	2.95	48,943	18,517	457,547	496,112
2018-01-03	$86.74	$82.50	13.9%	3.4%	11.5%	41.3%	12.4%	1.2%	1.3%	139.1M	-1.80B	-7.2M	0.27	6.81	77,054	20,663	478,273	499,355
2018-01-04	$86.87	$82.50	12.9%	3.8%	10.8%	32.0%	14.3%	1.9%	0.9%	149.7M	-1.88B	-7.0M	0.38	2.59	48,497	18,574	495,947	504,154
2018-01-05	$86.74	$82.50	13.2%	3.8%	10.2%	34.8%	13.9%	1.6%	1.2%	142.3M	-1.78B	-7.1M	0.63	4.10	31,097	19,525	496,356	509,754
2018-01-08	$87.09	$82.50	13.9%	3.9%	10.2%	41.9%	14.3%	2.0%	-0.7%	143.7M	-1.79B	-7.0M	0.55	3.64	23,385	12,870	484,132	503,885
2018-01-09	$86.80	$82.50	14.4%	4.0%	10.4%	47.0%	13.8%	1.6%	-0.7%	141.7M	-1.65B	-7.0M	0.38	5.11	42,027	16,096	480,830	507,591
2018-01-10	$86.07	$82.50	15.3%	4.3%	11.0%	55.5%	14.4%	1.8%	0.1%	138.3M	-1.41B	-7.3M	0.83	8.74	32,241	26,609	500,181	512,449
2018-01-11	$86.84	$82.50	15.3%	4.3%	11.1%	55.7%	14.6%	1.6%	-0.7%	157.2M	-1.71B	-7.3M	0.41	3.51	56,209	22,944	511,634	519,645
2018-01-12	$87.47	$82.50	15.6%	4.4%	11.1%	65.1%	15.1%	1.5%	-0.4%	268.4M	-1.98B	-7.1M	0.53	3.73	37,784	19,945	526,229	520,089
2018-01-16	$86.96	$82.50	16.2%	4.6%	11.3%	74.4%	16.0%	2.1%	-0.6%	158.2M	-1.68B	-7.4M	0.57	2.33	30,282	17,202	521,106	516,424
2018-01-17	$87.97	$82.50	17.0%	4.9%	11.7%	83.1%	16.8%	1.6%	-1.5%	164.6M	-2.11B	-7.5M	0.43	5.59	38,905	16,861	530,839	517,422
2018-01-18	$87.47	$82.50	16.4%	4.8%	12.1%	76.5%	16.9%	1.5%	-1.4%	176.7M	-1.91B	-7.3M	0.62	4.94	29,547	18,375	533,434	522,261
2018-01-19	$87.07	$82.50	15.7%	4.6%	11.9%	69.7%	16.1%	1.3%	-0.7%	153.8M	-1.67B	-7.4M	0.49	4.29	41,842	20,515	531,949	527,943
2018-01-22	$88.25	$82.50	14.9%	4.5%	12.5%	60.4%	15.8%	1.9%	-0.3%	114.6M	-1.17B	-7.3M	0.46	3.55	33,514	15,375	347,018	177,276
2018-01-23	$88.32	$82.50	16.6%	5.2%	12.0%	79.6%	17.9%	1.1%	-0.7%	110.1M	-1.25B	-7.7M	0.37	5.64	48,057	17,975	356,299	182,268
2018-01-24	$88.67	$82.50	17.4%	5.4%	12.0%	88.9%	19.5%	1.0%	-0.8%	119.1M	-1.37B	-8.3M	0.45	3.49	48,520	22,045	381,657	189,537
2018-01-25	$88.33	$82.50	17.8%	5.4%	12.2%	93.3%	18.9%	1.1%	-0.7%	120.6M	-1.31B	-8.7M	0.60	3.85	40,660	24,422	403,782	199,387
2018-01-26	$88.80	$85.00	16.9%	5.3%	12.2%	83.3%	19.0%	1.0%	-0.6%	132.8M	-1.43B	-8.8M	0.87	3.11	20,865	18,240	413,177	209,037
2018-01-29	$88.11	$85.00	18.5%	6.0%	12.7%	100.0%	20.9%	0.6%	-0.4%	112.1M	-1.18B	-8.9M	0.71	8.79	31,729	22,641	405,436	203,567
2018-01-30	$86.87	$85.00	17.9%	5.9%	14.0%	93.6%	20.8%	0.5%	-0.4%	101.5M	-866.3M	-8.8M	1.02	4.21	18,489	18,810	409,902	208,916
2018-01-31	$87.42	$83.50	17.9%	5.8%	13.3%	92.8%	20.4%	-0.4%	-0.6%	111.4M	-995.8M	-8.7M	0.66	12.08	20,663	13,627	415,686	210,360