XOM Options History — March 2018

In March 2018, XOM traded between $72.94 and $76.46. ATM implied volatility averaged 19.0%, placing in the 51.4% IV rank vs the trailing year. The 30-day expected move averaged 5.4%. IV traded below realized volatility by 3.2% (HV 20d: 22.2%). Max pain ranged from $75.00 to $77.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.59.

Notable Days

  • 2018-03-07: Highest Volume — 121,062 contracts
  • 2018-03-22: Largest IV spike — 14.8% change
  • 2018-03-01: Highest IV Rank — 66.3%
  • 2018-03-01: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$74.52$72.94$76.46$75.20$74.72
Max Pain$76.45$75.00$77.50$76.50$75.00
ATM IV19.0%15.8%21.7%21.7%20.1%
Expected Move5.4%4.5%6.3%6.3%5.3%
HV 20d22.2%18.8%33.1%33.1%20.7%
HV 60d22.9%22.0%24.2%22.0%24.2%
IV Rank51.4%33.6%66.3%66.3%57.5%
IV Percentile90.9%77.0%97.6%97.6%94.0%
Term Structure0.2%-0.4%1.2%-0.4%-0.3%
VWIV18.8%16.2%21.7%21.7%18.1%
Skew 25d2.6%2.0%3.3%3.0%3.0%
Skew 10d4.9%2.0%7.3%7.3%2.0%
Call IV 25d18.2%15.2%21.4%21.4%19.0%
Put IV 25d20.8%17.3%24.4%24.4%21.9%
Bid-Ask Spread %5.842.7415.3615.365.31
Gamma HHI0.100.070.470.070.10
Net GEX36.9M4.8M162.1M36.1M52.5M
Net DEX357.5M84.0M658.7M393.2M115.8M
Net VEX-7.7M-8.1M-7.3M-7.6M-8.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.400.950.810.44
Total Volume69,089.04847,554121,06278,19066,701
Total OI847,713.333721,466950,353856,862803,984

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-03-01$75.20$76.5021.7%6.3%33.1%66.3%21.7%3.0%-0.4%36.1M393.2M-7.6M0.8115.3643,24334,947563,076293,786
2018-03-02$75.82$76.5020.8%6.1%32.2%61.7%21.2%2.6%-0.4%51.4M237.8M-8.0M0.717.2957,12440,501577,311301,420
2018-03-05$76.46$77.5019.1%5.4%25.2%52.2%19.2%2.5%0.1%57.8M84.0M-8.1M0.666.3632,28121,324560,983301,561
2018-03-06$76.15$77.5019.2%5.6%20.6%52.8%19.2%2.6%-0.0%58.0M151.6M-8.0M0.794.9626,66621,033573,052305,532
2018-03-07$74.31$77.5020.3%5.7%20.6%58.6%20.1%2.8%-0.1%15.7M555.5M-7.4M0.7111.0270,72450,338577,788307,204
2018-03-08$74.01$77.5018.9%5.3%20.2%51.0%19.0%2.5%-0.1%10.8M622.9M-7.4M0.524.2354,58828,279602,636320,380
2018-03-09$74.55$77.5017.5%5.0%20.2%43.4%18.0%2.1%0.1%28.6M499.9M-7.6M0.456.7765,30229,139610,704323,476
2018-03-12$75.33$77.5017.3%5.1%20.5%42.2%17.6%2.1%0.4%58.7M250.4M-7.8M0.513.2344,24022,765600,407311,262
2018-03-13$74.43$77.5018.0%5.2%20.8%46.2%19.0%2.3%-0.1%36.5M462.6M-7.5M0.435.5145,65919,836609,127313,223
2018-03-14$73.61$77.5017.7%5.3%21.1%44.3%17.8%2.2%0.6%6.5M658.7M-7.3M0.444.0345,22119,771615,481315,136
2018-03-15$74.56$77.5017.1%4.9%21.6%40.9%17.0%2.2%-0.1%52.8M394.5M-7.7M0.684.4342,67629,004626,133315,353
2018-03-16$75.07$77.5015.8%4.5%21.8%33.6%16.2%2.0%0.0%162.1M202.1M-7.7M0.552.7451,07527,861632,352318,001
2018-03-19$74.24$77.5018.1%5.2%21.7%46.6%17.8%2.8%0.3%18.3M319.3M-7.5M0.954.2426,35525,045456,052265,414
2018-03-20$74.01$75.0017.3%5.0%21.3%42.0%16.9%2.8%0.9%16.2M366.0M-7.5M0.583.9930,00717,547465,027274,820
2018-03-21$75.10$75.0017.3%5.0%21.7%41.9%17.0%2.3%1.2%35.2M145.8M-7.8M0.406.4464,69426,194471,986278,095
2018-03-22$73.55$75.0019.8%5.6%22.4%56.2%19.7%2.9%0.6%12.5M407.7M-7.8M0.606.6531,63219,125492,494285,652
2018-03-23$72.96$75.0020.8%6.0%20.8%61.7%20.7%2.8%-0.2%4.8M510.9M-7.6M0.544.9639,60721,244498,696287,632
2018-03-26$74.14$75.0019.3%5.3%20.7%53.0%18.2%2.3%1.0%26.0M289.9M-7.6M0.504.2231,78815,794490,550280,552
2018-03-27$73.73$75.0021.1%5.8%20.2%63.5%19.5%2.9%-0.2%24.7M351.5M-7.7M0.676.1534,12322,709498,228283,672
2018-03-28$72.94$75.0021.2%5.9%18.8%63.6%20.4%3.3%0.5%10.2M487.4M-7.5M0.504.6336,41018,298505,254288,488
2018-03-29$74.72$75.0020.1%5.3%20.7%57.5%18.1%3.0%-0.3%52.5M115.8M-8.0M0.445.3146,46220,239512,701291,283