XOM Options History — May 2020

In May 2020, XOM traded between $41.89 and $46.03. ATM implied volatility averaged 43.2%, placing in the 28.7% IV rank vs the trailing year. The 30-day expected move averaged 12.5%. IV traded below realized volatility by 12.3% (HV 20d: 55.6%). Max pain ranged from $42.50 to $50.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.64.

Notable Days

  • 2020-05-11: Highest Volume — 169,493 contracts
  • 2020-05-13: Largest IV spike — 18.2% change
  • 2020-05-01: Highest IV Rank — 37.1%
  • 2020-05-01: Largest Expected Move — 16.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$44.49$41.89$46.03$43.19$45.41
Max Pain$48.10$42.50$50.00$42.50$46.00
ATM IV43.2%37.5%51.6%51.6%40.6%
Expected Move12.5%11.2%16.5%16.5%11.3%
HV 20d55.6%49.2%57.9%57.8%52.7%
HV 60d71.0%69.3%73.0%69.3%71.0%
IV Rank28.7%22.8%37.1%37.1%26.0%
IV Percentile80.8%76.2%85.3%85.3%78.2%
Term Structure0.3%-0.8%1.2%-0.8%0.7%
VWIV44.3%35.6%57.8%57.8%39.5%
Skew 25d9.2%5.9%11.4%10.7%9.0%
Skew 10d18.1%10.7%24.0%19.6%17.8%
Call IV 25d39.8%32.2%47.5%47.5%36.6%
Put IV 25d49.0%42.0%58.2%58.2%45.6%
Bid-Ask Spread %2.852.073.803.673.80
Gamma HHI0.070.050.200.070.07
Net GEX4.1M-13.5M21.9M-3.3M6.0M
Net DEX580.5M299.4M964.3M702.0M520.5M
Net VEX-8.8M-9.5M-8.1M-8.3M-9.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.640.201.010.990.62
Total Volume86,674.1546,336169,493117,31370,525
Total OI1,413,475.851,297,9831,526,1371,378,7361,526,137

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-05-01$43.19$42.5051.6%16.5%57.8%37.1%57.8%10.7%-0.8%-3.3M702.0M-8.3M0.993.6759,04058,273743,110635,626
2020-05-04$44.59$50.0048.6%13.8%57.4%34.1%52.3%9.6%-0.3%736.9K517.3M-8.5M0.633.6548,29530,365719,415616,219
2020-05-05$44.68$50.0045.4%13.2%57.0%30.9%45.5%8.3%0.7%2.3M480.3M-8.6M0.383.4958,36021,935732,379627,092
2020-05-06$44.22$50.0045.8%13.1%55.0%31.3%46.7%8.4%0.7%492.1K550.1M-8.4M0.713.0127,11719,219740,783632,086
2020-05-07$44.26$50.0043.8%12.7%53.8%29.2%46.3%7.5%1.0%1.2M556.6M-8.3M0.402.5244,22917,889747,191639,960
2020-05-08$46.03$50.0039.5%11.9%55.4%24.9%41.7%5.9%0.5%21.9M299.4M-8.4M0.542.5155,59330,256757,319645,092
2020-05-11$45.84$50.0037.5%11.2%55.3%22.8%35.6%6.9%1.0%9.6M372.6M-8.3M0.202.75141,71427,779746,261628,476
2020-05-12$44.36$50.0040.9%11.6%56.6%26.3%41.1%8.6%-0.3%-2.4M689.1M-8.5M0.812.4949,02939,892722,968638,263
2020-05-13$41.89$50.0048.3%13.8%57.9%33.8%48.9%9.8%0.1%-13.5M964.3M-8.1M0.812.0757,20846,553743,588656,624
2020-05-14$42.12$50.0049.1%13.8%56.7%34.6%48.9%11.2%-0.7%-10.9M922.5M-8.2M0.632.8851,54832,688761,011658,265
2020-05-15$42.16$50.0046.6%13.4%49.2%32.0%48.9%11.4%-0.0%-5.1M921.4M-8.1M0.852.6138,47132,783771,918666,071
2020-05-18$45.48$50.0040.4%11.5%54.9%25.8%40.0%10.7%0.7%7.2M475.5M-9.0M0.552.7799,78955,346704,348593,635
2020-05-19$44.16$47.5043.0%12.3%56.2%28.5%42.3%10.9%-0.0%5.9M641.9M-8.9M0.662.7255,17436,209752,123623,217
2020-05-20$45.35$46.0040.1%11.5%56.3%25.4%40.6%9.4%-0.1%13.2M443.1M-9.5M0.572.0742,98824,402785,296647,943
2020-05-21$44.42$46.0042.9%12.3%55.9%28.3%44.1%10.0%0.0%8.3M587.8M-9.3M1.013.2642,88543,284801,360656,589
2020-05-22$44.50$46.0041.3%11.8%55.8%26.8%42.3%8.7%0.5%4.8M626.6M-9.4M0.702.6736,84725,914817,512682,270
2020-05-26$46.02$46.0039.7%11.6%57.1%25.1%41.7%9.8%1.2%11.2M391.2M-9.5M0.522.4453,82428,194797,098666,976
2020-05-27$46.00$46.0039.2%11.3%56.8%24.6%39.9%8.8%0.6%14.8M396.4M-9.4M0.472.5947,06822,347811,490673,146
2020-05-28$45.18$46.0040.4%11.7%53.5%25.8%41.2%8.8%0.9%9.5M551.6M-9.3M0.672.9336,09424,357819,565681,095
2020-05-29$45.41$46.0040.6%11.3%52.7%26.0%39.5%9.0%0.7%6.0M520.5M-9.3M0.623.8043,47327,052833,343692,794