XOM Options History — January 2023

In January 2023, XOM traded between $106.03 and $117.27. ATM implied volatility averaged 29.4%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 8.6%. IV traded above realized volatility by 1.9% (HV 20d: 27.4%). Max pain ranged from $100.00 to $110.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 6 of 20 days. Put/call ratio averaged 1.01.

Notable Days

  • 2023-01-31: Highest Volume — 191,443 contracts
  • 2023-01-31: Largest IV drop — 10.1% change
  • 2023-01-04: Highest IV Rank — 40.4%
  • 2023-01-30: Largest Expected Move — 9.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$111.98$106.03$117.27$106.55$116.31
Max Pain$109.00$100.00$110.00$100.00$110.00
ATM IV29.4%26.4%33.0%32.4%26.4%
Expected Move8.6%7.9%9.2%8.9%8.0%
HV 20d27.4%24.6%28.8%28.8%28.4%
HV 60d27.9%27.2%29.0%28.5%28.4%
IV Rank13.4%0.0%40.4%37.6%0.0%
IV Percentile12.0%0.0%44.0%38.1%0.0%
Term Structure-0.2%-2.0%1.4%1.4%-0.1%
VWIV30.5%28.1%33.5%32.7%28.1%
Skew 25d4.6%3.9%5.5%5.5%4.2%
Skew 10d8.8%7.8%11.2%11.2%8.5%
Call IV 25d27.3%24.5%30.7%30.3%24.5%
Put IV 25d31.9%28.7%35.8%35.8%28.7%
Bid-Ask Spread %3.442.674.872.693.83
Gamma HHI0.120.090.160.090.16
Net GEX68.6M6.4M116.4M16.0M106.6M
Net DEX-2.40B-3.51B-1.34B-1.54B-2.30B
Net VEX-16.0M-16.9M-15.2M-16.5M-16.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.010.691.601.250.69
Total Volume108,350.571,500191,44393,441191,443
Total OI1,396,791.05973,7291,632,9401,519,1881,161,705

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-01-03$106.55$100.0032.4%8.9%28.8%37.6%32.7%5.5%1.4%16.0M-1.54B-16.5M1.252.6941,52051,921740,344778,844
2023-01-04$106.03$100.0033.0%9.0%26.9%40.4%31.4%4.9%0.7%6.4M-1.34B-16.3M1.262.8131,70139,799749,933794,195
2023-01-05$109.15$110.0031.8%9.2%27.1%32.4%33.5%4.8%0.8%40.9M-2.41B-16.4M0.713.0263,87045,286755,506805,735
2023-01-06$110.78$110.0029.6%8.9%27.4%15.9%32.5%4.1%0.7%85.5M-3.11B-16.2M0.783.5571,77355,642766,341819,737
2023-01-09$108.63$110.0031.2%9.0%28.6%21.2%32.2%5.5%-0.3%29.6M-2.06B-15.8M1.253.1744,93656,344735,505780,307
2023-01-10$110.06$110.0030.6%8.8%28.7%18.4%32.5%4.9%-0.2%54.7M-2.45B-15.9M1.243.0132,55740,513749,272790,983
2023-01-11$111.16$110.0030.4%8.9%27.7%17.0%31.6%4.9%0.7%74.6M-2.77B-15.9M1.162.6740,45646,969755,007805,006
2023-01-12$113.12$110.0029.3%8.2%27.8%11.4%29.7%4.5%-1.0%116.4M-3.44B-16.0M0.882.8057,33750,473763,639818,276
2023-01-13$113.25$110.0027.9%7.9%27.5%4.0%28.8%3.9%-0.7%115.5M-3.51B-15.8M0.773.9540,47231,052775,822833,240
2023-01-17$112.95$110.0028.3%8.1%27.0%5.9%29.7%4.5%0.1%98.3M-3.27B-15.3M0.852.9341,07934,891758,115805,692
2023-01-18$110.88$110.0030.0%8.6%28.1%15.0%29.8%4.7%-1.6%54.7M-2.53B-15.2M1.032.7054,07155,582766,924821,816
2023-01-19$111.69$110.0029.8%8.6%28.1%14.0%29.4%4.4%-2.0%65.3M-2.85B-15.6M0.873.2254,49647,286776,654836,059
2023-01-20$112.80$110.0028.0%8.1%27.5%4.5%29.9%4.8%-0.1%81.4M-3.25B-15.6M0.812.9270,82257,536784,893848,047
2023-01-23$112.84$110.0028.5%8.5%27.4%6.9%30.6%4.4%-0.1%60.3M-1.56B-15.6M1.204.0645,60654,640522,331451,398
2023-01-24$113.50$110.0028.1%8.4%25.9%4.8%28.7%4.3%-0.4%65.6M-1.65B-15.8M1.604.2339,55563,275536,477479,705
2023-01-25$113.00$110.0028.2%8.6%24.6%5.3%29.9%4.5%-0.4%54.4M-1.51B-16.2M1.134.8733,58838,004550,800505,984
2023-01-26$117.27$110.0027.2%8.3%27.2%0.3%28.4%4.5%-0.6%113.1M-2.59B-16.2M0.703.51103,01072,377562,353515,666
2023-01-27$116.00$110.0027.4%8.3%26.3%1.2%28.7%4.3%-0.2%79.6M-2.26B-16.6M1.194.8359,29570,798592,226544,188
2023-01-30$113.63$110.0029.4%9.2%27.4%11.7%31.0%4.7%-0.5%52.7M-1.54B-16.7M0.793.9576,63360,402575,130521,966
2023-01-31$116.31$110.0026.4%8.0%28.4%0.0%28.1%4.2%-0.1%106.6M-2.30B-16.9M0.693.83113,02578,418612,555549,150