XOM Options History — March 2020

In March 2020, XOM traded between $31.17 and $53.26. ATM implied volatility averaged 75.2%, placing in the 80.9% IV rank vs the trailing year. The 30-day expected move averaged 22.1%. IV traded above realized volatility by 8.1% (HV 20d: 67.1%). Max pain ranged from $42.50 to $60.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 7 of 22 days. Put/call ratio averaged 0.91.

Notable Days

2020-03-10: Highest Volume — 163,193 contracts
2020-03-24: Largest IV drop — 30.4% change
2020-03-06: Highest IV Rank — 100.0%
2020-03-18: Largest Expected Move — 32.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$39.92	$31.17	$53.26	$53.26	$37.61
Max Pain	$51.16	$42.50	$60.00	$60.00	$43.00
ATM IV	75.2%	39.2%	113.6%	40.8%	62.3%
Expected Move	22.1%	11.6%	32.6%	12.3%	21.8%
HV 20d	67.1%	39.9%	96.5%	42.5%	93.2%
HV 60d	44.4%	28.2%	59.4%	28.2%	59.4%
IV Rank	80.9%	48.0%	100.0%	68.2%	48.0%
IV Percentile	98.5%	93.7%	100.0%	99.6%	93.7%
Term Structure	-0.9%	-9.2%	9.9%	-2.3%	8.0%
VWIV	77.6%	40.7%	116.6%	44.9%	76.6%
Skew 25d	21.3%	6.1%	36.5%	9.0%	14.1%
Skew 10d	44.2%	3.2%	75.1%	18.4%	33.8%
Call IV 25d	68.1%	35.6%	98.6%	36.2%	76.4%
Put IV 25d	89.4%	44.9%	135.0%	45.2%	90.4%
Bid-Ask Spread %	7.72	2.67	23.23	2.97	8.36
Gamma HHI	0.08	0.06	0.13	0.08	0.08
Net GEX	-8.1M	-23.6M	-851.6K	-11.3M	-3.1M
Net DEX	1.28B	916.4M	1.68B	967.0M	993.4M
Net VEX	-5.7M	-7.7M	-4.1M	-7.7M	-5.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.91	0.48	1.81	0.83	0.72
Total Volume	111,340.955	64,854	163,193	107,815	67,957
Total OI	1,287,730.364	1,111,503	1,468,789	1,111,503	1,279,824

Daily Data (22 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
2020-03-02	$53.26	$60.00	40.8%	12.3%	42.5%	68.2%	44.9%	9.0%	-2.3%	-11.3M	967.0M	-7.7M	0.83	2.97	58,871	48,944	632,923	478,580
2020-03-03	$52.01	$60.00	46.5%	14.0%	42.5%	82.7%	49.2%	7.6%	-2.2%	-12.8M	1.09B	-7.5M	0.64	6.63	44,415	28,609	650,907	494,477
2020-03-04	$51.97	$60.00	39.2%	11.6%	42.5%	64.1%	40.7%	9.3%	-1.0%	-17.3M	1.16B	-7.2M	0.82	2.67	35,575	29,279	662,078	504,370
2020-03-05	$49.66	$60.00	49.4%	13.3%	39.9%	90.3%	50.5%	12.7%	-1.0%	-19.0M	1.34B	-6.9M	1.50	2.71	52,249	78,462	672,668	513,618
2020-03-06	$47.72	$60.00	61.0%	16.1%	41.1%	100.0%	55.9%	18.8%	-1.7%	-23.6M	1.48B	-6.8M	1.00	6.68	58,910	58,682	689,108	544,772
2020-03-09	$42.75	$57.50	73.3%	20.8%	53.5%	100.0%	70.9%	16.8%	1.6%	-10.9M	1.52B	-5.6M	0.91	3.00	79,264	72,385	669,581	524,262
2020-03-10	$43.25	$57.50	72.8%	20.0%	54.4%	99.2%	67.2%	20.6%	-2.6%	-10.1M	1.46B	-5.7M	0.93	7.69	84,482	78,711	704,443	533,404
2020-03-11	$42.17	$55.00	75.9%	20.5%	53.7%	100.0%	74.0%	27.4%	-5.3%	-9.6M	1.51B	-5.8M	1.42	4.33	63,348	89,842	742,967	573,365
2020-03-12	$37.72	$55.00	93.1%	25.8%	61.6%	100.0%	86.9%	29.1%	-3.3%	-8.9M	1.60B	-5.3M	1.08	4.07	44,481	48,163	778,112	612,454
2020-03-13	$36.32	$55.00	85.9%	23.1%	61.5%	90.8%	82.3%	35.0%	-9.0%	-8.9M	1.68B	-4.7M	0.48	14.60	110,131	52,757	799,543	625,734
2020-03-16	$35.09	$50.00	95.0%	26.9%	61.0%	100.0%	92.8%	30.3%	-7.4%	-6.2M	1.53B	-4.9M	1.81	8.61	50,530	91,462	796,590	619,915
2020-03-17	$35.97	$47.50	87.5%	25.0%	63.6%	90.7%	86.7%	27.8%	9.4%	-7.3M	1.52B	-5.0M	0.61	6.10	46,620	28,335	810,048	631,936
2020-03-18	$31.84	$47.50	113.6%	32.6%	70.7%	100.0%	116.6%	36.5%	1.5%	-5.2M	1.48B	-4.3M	0.97	6.33	70,276	67,891	817,318	633,886
2020-03-19	$33.25	$47.50	108.4%	31.3%	75.2%	94.7%	108.0%	33.5%	4.7%	-4.8M	1.40B	-4.9M	0.61	23.23	49,914	30,638	837,773	631,016
2020-03-20	$32.75	$45.00	90.2%	26.9%	75.1%	76.2%	91.2%	32.4%	-0.2%	-6.7M	1.41B	-4.4M	0.82	15.81	67,679	55,549	840,636	620,911
2020-03-23	$31.17	$45.00	97.0%	27.2%	75.3%	83.1%	91.1%	26.1%	-6.5%	-4.3M	1.12B	-4.1M	0.84	12.88	58,072	48,979	645,779	531,487
2020-03-24	$34.41	$42.50	67.5%	24.0%	87.8%	53.3%	80.6%	17.5%	9.9%	-2.3M	1.03B	-4.8M	1.25	7.31	69,597	87,096	670,586	518,154
2020-03-25	$37.65	$42.50	74.1%	22.9%	96.5%	59.9%	82.8%	21.3%	-9.2%	-948.7K	916.4M	-6.2M	0.48	5.99	72,592	34,780	688,748	549,452
2020-03-26	$37.63	$45.00	76.9%	22.9%	95.7%	62.8%	80.8%	6.1%	-5.5%	-851.6K	934.5M	-6.1M	0.52	7.15	56,371	29,485	698,129	563,786
2020-03-27	$36.62	$45.00	77.4%	24.0%	95.6%	63.3%	88.6%	13.3%	-2.4%	-1.3M	985.9M	-5.9M	1.01	6.90	40,531	40,744	712,131	574,684
2020-03-30	$37.41	$45.00	66.9%	23.9%	92.9%	52.7%	87.8%	22.4%	4.7%	-3.1M	975.2M	-6.1M	0.67	5.71	40,049	26,794	687,770	562,143
2020-03-31	$37.61	$43.00	62.3%	21.8%	93.2%	48.0%	76.6%	14.1%	8.0%	-3.1M	993.4M	-5.9M	0.72	8.36	39,510	28,447	703,433	576,391