XOM Options History — April 2020

In April 2020, XOM traded between $37.14 and $47.53. ATM implied volatility averaged 63.2%, placing in the 48.9% IV rank vs the trailing year. The 30-day expected move averaged 18.5%. IV traded below realized volatility by 11.3% (HV 20d: 74.5%). Max pain ranged from $40.00 to $42.50. Net GEX was positive for 15 of 21 trading days. Term structure was in contango for 2 of 21 days. Put/call ratio averaged 0.70.

Notable Days

2020-04-09: Highest Volume — 258,478 contracts
2020-04-29: Largest IV drop — 16.0% change
2020-04-03: Highest IV Rank — 64.3%
2020-04-01: Largest Expected Move — 22.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$42.30	$37.14	$47.53	$37.14	$46.23
Max Pain	$41.00	$40.00	$42.50	$42.50	$42.50
ATM IV	63.2%	42.9%	78.4%	65.3%	48.6%
Expected Move	18.5%	14.2%	22.9%	22.9%	15.4%
HV 20d	74.5%	53.3%	98.0%	93.0%	56.7%
HV 60d	65.3%	59.3%	68.9%	59.3%	68.9%
IV Rank	48.9%	28.3%	64.3%	51.1%	34.2%
IV Percentile	90.5%	84.1%	96.8%	93.7%	84.5%
Term Structure	-3.1%	-9.0%	4.4%	-8.8%	-0.5%
VWIV	65.3%	51.5%	87.0%	87.0%	54.1%
Skew 25d	15.8%	7.7%	38.5%	26.8%	10.1%
Skew 10d	35.5%	-10.2%	78.3%	73.2%	18.2%
Call IV 25d	56.7%	40.4%	74.5%	72.1%	44.7%
Put IV 25d	72.5%	52.5%	98.9%	98.9%	54.7%
Bid-Ask Spread %	6.36	3.82	11.08	5.37	4.52
Gamma HHI	0.07	0.05	0.11	0.08	0.05
Net GEX	2.1M	-4.2M	10.4M	-3.4M	7.4M
Net DEX	633.3M	88.8M	1.02B	1.02B	267.7M
Net VEX	-7.9M	-9.3M	-6.0M	-6.0M	-9.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.70	0.42	0.98	0.87	0.80
Total Volume	118,232.857	63,376	258,478	79,488	91,870
Total OI	1,356,116	1,231,551	1,490,119	1,304,781	1,350,933

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
2020-04-01	$37.14	$42.50	65.3%	22.9%	93.0%	51.1%	87.0%	26.8%	-8.8%	-3.4M	1.02B	-6.0M	0.87	5.37	42,555	36,933	716,726	588,055
2020-04-02	$40.09	$40.00	75.7%	20.2%	98.0%	61.5%	67.7%	12.2%	4.4%	1.4M	762.1M	-7.1M	0.42	8.73	140,268	59,551	731,152	596,083
2020-04-03	$39.03	$40.00	78.4%	20.1%	97.6%	64.3%	69.5%	11.4%	-6.2%	1.3M	862.4M	-6.8M	0.74	8.43	85,960	63,729	752,730	609,566
2020-04-06	$40.05	$40.00	69.4%	19.0%	90.8%	55.2%	70.3%	7.7%	-1.6%	-520.7K	833.3M	-6.9M	0.54	6.98	69,588	37,245	736,596	594,394
2020-04-07	$41.98	$40.00	69.0%	18.2%	92.4%	54.8%	64.1%	38.5%	-9.0%	2.8M	665.4M	-7.5M	0.70	10.06	74,492	51,788	756,503	604,120
2020-04-08	$43.41	$40.00	66.8%	18.8%	92.8%	52.6%	62.8%	11.2%	-2.4%	3.9M	538.2M	-8.2M	0.48	9.22	62,672	30,369	767,369	621,529
2020-04-09	$43.28	$40.00	67.1%	19.0%	82.7%	52.9%	63.1%	9.1%	-1.7%	5.1M	547.9M	-8.1M	0.51	7.15	170,944	87,534	780,141	632,627
2020-04-13	$42.84	$42.50	65.2%	18.8%	81.3%	50.9%	65.2%	17.2%	-3.4%	1.5M	664.3M	-7.9M	0.62	7.20	58,282	36,298	774,696	618,937
2020-04-14	$42.48	$42.50	60.2%	17.2%	80.0%	45.8%	58.9%	16.0%	-2.6%	615.1K	706.7M	-7.7M	0.53	3.82	54,089	28,909	792,465	628,342
2020-04-15	$40.52	$42.50	64.5%	18.5%	82.2%	50.2%	64.0%	17.1%	-5.5%	-4.2M	911.0M	-7.1M	0.77	4.74	66,816	51,131	803,550	636,685
2020-04-16	$39.31	$40.00	64.5%	18.7%	68.6%	50.3%	65.9%	16.0%	-5.8%	-4.1M	982.7M	-7.0M	0.85	5.02	50,210	42,916	817,635	644,125
2020-04-17	$42.53	$40.00	61.4%	17.9%	71.9%	47.1%	63.6%	14.8%	-4.4%	-3.6M	614.7M	-8.0M	0.61	4.21	92,636	56,926	834,677	655,442
2020-04-20	$41.34	$40.00	68.7%	20.5%	72.7%	54.5%	71.4%	22.3%	-5.4%	314.6K	720.6M	-7.9M	0.96	6.57	76,603	73,419	671,101	560,450
2020-04-21	$41.27	$41.00	71.1%	21.5%	69.3%	56.9%	79.6%	18.3%	-4.2%	-671.5K	708.0M	-8.3M	0.98	5.32	73,983	72,684	688,578	591,731
2020-04-22	$42.31	$41.00	65.6%	19.6%	61.9%	51.4%	69.9%	16.3%	-2.4%	737.8K	627.3M	-8.6M	0.74	11.08	46,729	34,713	703,178	607,908
2020-04-23	$43.66	$41.00	62.0%	18.7%	55.0%	47.7%	66.1%	15.5%	-3.0%	5.6M	469.0M	-8.9M	0.97	6.51	63,956	62,056	714,500	614,657
2020-04-24	$44.05	$41.00	55.2%	16.7%	54.9%	40.8%	59.6%	13.7%	-1.9%	10.1M	442.7M	-8.9M	0.72	4.24	50,520	36,257	722,964	630,659
2020-04-27	$44.23	$41.00	53.7%	16.6%	53.4%	39.3%	59.5%	12.5%	-0.8%	3.7M	482.1M	-8.8M	0.70	3.98	37,203	26,173	697,945	592,449
2020-04-28	$45.01	$41.00	51.1%	16.3%	53.3%	36.6%	58.8%	12.3%	-0.9%	6.1M	389.4M	-9.0M	0.66	5.55	44,433	29,364	710,592	599,064
2020-04-29	$47.53	$42.50	42.9%	14.2%	55.6%	28.3%	51.5%	12.1%	0.8%	10.4M	88.8M	-9.3M	0.56	4.78	71,197	39,889	719,070	608,512
2020-04-30	$46.23	$42.50	48.6%	15.4%	56.7%	34.2%	54.1%	10.1%	-0.5%	7.4M	267.7M	-9.0M	0.80	4.52	51,162	40,708	730,484	620,449