XOM Options History — May 2023

In May 2023, XOM traded between $102.48 and $114.94. ATM implied volatility averaged 27.3%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 8.0%. IV traded below realized volatility by 1.4% (HV 20d: 28.7%). Max pain ranged from $105.00 to $115.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 17 of 22 days. Put/call ratio averaged 0.63.

Notable Days

  • 2023-05-12: Highest Volume — 231,155 contracts
  • 2023-05-02: Largest IV spike — 12.3% change
  • 2023-05-04: Highest IV Rank — 27.5%
  • 2023-05-04: Largest Expected Move — 8.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$106.69$102.48$114.94$114.94$102.48
Max Pain$109.50$105.00$115.00$115.00$106.00
ATM IV27.3%24.2%29.8%24.2%28.6%
Expected Move8.0%7.1%8.9%7.1%8.5%
HV 20d28.7%22.8%30.8%30.8%22.8%
HV 60d30.5%29.8%31.4%29.8%30.3%
IV Rank16.5%2.8%27.5%2.8%22.6%
IV Percentile14.3%0.4%31.3%0.4%31.3%
Term Structure0.3%-0.7%1.1%0.9%0.0%
VWIV27.9%24.6%31.3%24.6%28.9%
Skew 25d5.0%4.0%5.7%4.0%5.5%
Skew 10d9.4%7.4%11.3%7.4%11.2%
Call IV 25d25.3%22.7%27.5%22.7%26.1%
Put IV 25d30.3%26.8%32.9%26.8%31.6%
Bid-Ask Spread %2.321.734.562.632.27
Gamma HHI0.080.060.140.110.07
Net GEX7.5M-25.6M58.7M38.1M-19.6M
Net DEX-204.2M-1.47B480.6M-1.47B370.8M
Net VEX-18.6M-19.4M-17.9M-18.9M-17.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.201.100.780.47
Total Volume84,296.22719,353231,155121,57243,968
Total OI1,186,290.0451,104,6761,249,0101,104,7271,188,782

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-05-01$114.94$115.0024.2%7.1%30.8%2.8%24.6%4.0%0.9%38.1M-1.47B-18.9M0.782.6368,42653,146603,881500,846
2023-05-02$110.13$115.0027.2%8.2%27.0%16.0%27.7%5.2%0.7%-8.1M-316.2M-18.8M0.672.5495,11464,021636,383520,515
2023-05-03$108.03$112.0028.0%8.5%27.5%19.9%28.8%5.1%0.8%-16.3M50.1M-18.7M0.812.6376,72661,954665,585528,822
2023-05-04$106.03$110.0029.8%8.9%26.8%27.5%31.3%5.3%0.9%-25.6M334.4M-18.6M0.642.9268,90644,244692,624524,902
2023-05-05$108.90$110.0026.2%7.8%28.6%11.6%27.8%4.1%1.1%36.5M-535.3M-18.9M0.472.3070,67633,069722,638526,372
2023-05-08$109.34$110.0026.9%7.9%28.7%15.0%28.9%4.5%0.4%31.2M-621.2M-18.6M1.101.7436,59340,355645,809496,922
2023-05-09$109.69$110.0027.0%8.0%28.5%15.3%28.8%4.3%0.6%34.6M-687.8M-18.9M0.651.7340,78326,478661,179517,174
2023-05-10$107.98$110.0027.1%7.8%28.9%15.7%28.6%4.5%0.2%7.4M-259.0M-18.5M0.581.7348,78728,532672,406520,548
2023-05-11$105.42$110.0028.3%8.3%29.6%21.0%29.4%4.8%0.8%-24.6M298.9M-17.9M0.792.1064,84550,903688,005524,225
2023-05-12$105.43$110.0027.6%8.1%29.6%18.1%28.5%4.6%0.9%-17.1M316.5M-18.3M0.201.77192,51438,641703,174543,614
2023-05-15$104.84$110.0027.6%8.0%29.5%17.8%27.4%5.2%-0.4%-5.3M280.6M-18.4M0.492.0655,39627,147658,847533,377
2023-05-16$102.62$110.0027.6%7.9%28.9%18.1%28.1%5.0%0.5%-19.8M480.6M-18.1M0.652.1371,07446,466676,629523,899
2023-05-17$104.77$110.0026.6%7.6%30.4%13.3%25.5%4.6%-0.2%4.3M-54.7M-18.5M1.011.8045,73346,385688,617531,336
2023-05-18$105.87$105.0026.1%7.5%30.8%11.1%25.5%4.9%-0.7%17.4M-306.6M-18.7M0.451.7937,04716,679694,699537,448
2023-05-19$106.16$110.0026.1%7.5%30.5%11.1%25.5%4.9%-0.5%58.7M-419.6M-18.6M0.561.7347,92326,950701,494541,964
2023-05-22$105.38$110.0026.0%7.5%28.9%10.9%25.3%5.1%0.2%9.4M-237.2M-18.3M0.474.5625,50811,949601,877502,799
2023-05-23$106.81$108.0026.6%7.7%29.3%13.4%27.7%5.3%0.1%33.4M-596.3M-18.9M0.552.2529,82416,282611,548512,315
2023-05-24$107.44$108.0028.2%8.3%29.4%20.8%27.8%5.5%0.0%40.6M-734.7M-19.4M0.572.4815,9449,100624,357529,772
2023-05-25$105.84$108.0028.2%8.3%29.1%20.8%29.3%5.5%0.1%14.1M-327.1M-19.3M0.632.6611,9047,449634,110545,849
2023-05-26$105.16$106.0028.1%8.2%28.0%20.3%28.5%5.4%0.0%-17.1M-155.7M-19.0M0.602.2713,2817,942646,685551,275
2023-05-30$103.85$106.0028.2%8.4%26.6%20.6%29.0%5.7%-0.4%-7.8M97.7M-18.3M0.722.9220,81315,040624,887540,191
2023-05-31$102.48$106.0028.6%8.5%22.8%22.6%28.9%5.5%0.0%-19.6M370.8M-17.9M0.472.2729,84314,125639,405549,377