XOM Options History — February 2021

In February 2021, XOM traded between $44.85 and $56.83. ATM implied volatility averaged 38.2%, placing in the 17.1% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded below realized volatility by 1.9% (HV 20d: 40.1%). Max pain ranged from $45.00 to $50.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 16 of 19 days. Put/call ratio averaged 0.35.

Notable Days

2021-02-08: Highest Volume — 1,093,188 contracts
2021-02-02: Largest IV drop — 11.6% change
2021-02-01: Highest IV Rank — 24.7%
2021-02-01: Largest Expected Move — 12.8%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$51.39	$44.85	$56.83	$44.85	$54.90
Max Pain	$48.68	$45.00	$50.00	$45.00	$50.00
ATM IV	38.2%	35.4%	42.8%	42.8%	39.8%
Expected Move	11.0%	10.3%	12.8%	12.8%	11.6%
HV 20d	40.1%	37.0%	44.5%	41.3%	38.2%
HV 60d	42.3%	36.9%	48.0%	47.6%	36.9%
IV Rank	17.1%	8.2%	24.7%	24.7%	10.4%
IV Percentile	31.0%	15.1%	57.9%	57.9%	44.0%
Term Structure	0.6%	-1.2%	6.4%	6.4%	-0.4%
VWIV	38.8%	36.3%	45.1%	45.1%	40.7%
Skew 25d	0.9%	-8.0%	2.5%	2.3%	2.1%
Skew 10d	4.0%	-1.3%	11.6%	4.2%	2.5%
Call IV 25d	39.2%	36.2%	49.1%	43.6%	40.3%
Put IV 25d	40.2%	36.4%	45.9%	45.9%	42.4%
Bid-Ask Spread %	3.32	2.39	6.82	2.60	3.24
Gamma HHI	0.17	0.09	0.54	0.10	0.25
Net GEX	67.7M	28.5M	179.3M	28.5M	77.4M
Net DEX	-1.99B	-3.25B	-813.3M	-813.3M	-2.54B
Net VEX	-12.2M	-13.4M	-10.7M	-11.3M	-13.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.35	0.07	0.57	0.50	0.37
Total Volume	205,901.105	86,203	1,093,188	121,361	150,203
Total OI	1,755,492.632	1,598,985	1,833,351	1,677,346	1,801,074

Daily Data (19 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
2021-02-01	$44.85	$45.00	42.8%	12.8%	41.3%	24.7%	45.1%	2.3%	6.4%	28.5M	-813.3M	-11.3M	0.50	2.60	80,910	40,451	1,039,876	637,470
2021-02-02	$45.69	$45.00	37.9%	10.6%	41.7%	19.4%	37.6%	0.7%	0.3%	39.1M	-1.05B	-11.0M	0.31	3.29	102,972	32,243	1,070,274	655,072
2021-02-03	$47.30	$45.00	36.9%	10.4%	39.2%	18.4%	37.4%	0.7%	0.3%	57.2M	-1.60B	-11.0M	0.33	2.92	101,586	33,102	1,091,309	660,488
2021-02-04	$48.09	$47.50	35.4%	10.4%	39.0%	16.9%	36.5%	0.5%	0.7%	68.6M	-1.86B	-10.8M	0.36	3.31	103,326	37,442	1,094,355	673,630
2021-02-05	$49.98	$47.50	35.4%	10.3%	40.9%	16.8%	37.0%	0.1%	0.6%	110.4M	-2.52B	-10.7M	0.30	2.96	183,587	55,536	1,107,731	688,420
2021-02-08	$52.24	$47.50	36.4%	10.6%	43.2%	18.0%	36.3%	-0.9%	0.5%	85.0M	-3.07B	-10.7M	0.07	2.54	1,022,102	71,086	1,087,942	670,722
2021-02-09	$50.66	$47.50	38.4%	11.2%	44.2%	19.3%	38.8%	1.8%	0.7%	46.2M	-1.52B	-12.3M	0.57	2.39	155,500	88,538	933,375	705,784
2021-02-10	$50.85	$50.00	38.2%	11.3%	43.5%	19.0%	39.5%	1.8%	1.4%	54.7M	-1.55B	-12.6M	0.39	2.96	100,945	39,567	996,923	763,265
2021-02-11	$49.61	$50.00	38.7%	11.2%	44.5%	19.7%	39.6%	-8.0%	0.6%	28.9M	-1.11B	-12.7M	0.51	6.82	104,400	52,847	1,010,133	782,062
2021-02-12	$50.41	$50.00	38.2%	11.1%	42.4%	19.1%	38.8%	1.8%	0.3%	40.9M	-1.35B	-13.0M	0.22	3.29	93,755	20,866	1,029,012	804,339
2021-02-16	$52.14	$50.00	38.2%	11.0%	38.9%	19.1%	39.0%	2.1%	-0.3%	63.8M	-1.88B	-12.8M	0.30	2.81	118,211	35,662	997,581	781,708
2021-02-17	$52.80	$50.00	38.9%	11.1%	38.5%	19.8%	39.5%	2.1%	0.1%	71.5M	-2.07B	-12.9M	0.27	2.39	102,812	27,308	1,011,239	793,697
2021-02-18	$52.14	$50.00	38.2%	10.9%	38.8%	19.0%	38.9%	2.3%	0.6%	69.0M	-1.83B	-12.9M	0.35	3.04	66,272	23,027	1,018,869	803,996
2021-02-19	$52.47	$50.00	37.4%	10.7%	37.2%	17.7%	37.9%	2.1%	0.4%	179.3M	-1.97B	-12.8M	0.38	3.96	62,354	23,849	1,024,500	807,076
2021-02-22	$54.50	$50.00	39.1%	11.0%	38.3%	18.4%	39.2%	1.7%	-1.2%	54.0M	-2.40B	-12.6M	0.34	2.79	197,871	67,828	923,997	674,988
2021-02-23	$55.10	$50.00	36.9%	10.3%	37.3%	11.1%	36.4%	1.6%	0.4%	61.4M	-2.51B	-13.2M	0.27	2.88	140,136	38,418	967,631	714,548
2021-02-24	$56.83	$50.00	38.1%	10.8%	37.0%	8.2%	38.4%	-0.0%	0.1%	76.2M	-3.25B	-12.9M	0.26	3.21	149,698	38,733	1,029,845	718,704
2021-02-25	$55.81	$50.00	40.0%	11.5%	37.1%	10.5%	41.0%	2.5%	0.5%	73.8M	-2.90B	-13.1M	0.48	5.61	100,658	48,320	1,050,550	732,175
2021-02-26	$54.90	$50.00	39.8%	11.6%	38.2%	10.4%	40.7%	2.1%	-0.4%	77.4M	-2.54B	-13.4M	0.37	3.24	109,810	40,393	1,057,664	743,410