XOM Options History — December 2023

In December 2023, XOM traded between $98.22 and $102.91. ATM implied volatility averaged 22.0%, placing in the 16.3% IV rank vs the trailing year. The 30-day expected move averaged 6.3%. IV traded above realized volatility by 3.6% (HV 20d: 18.3%). Max pain ranged from $100.00 to $105.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 19 of 20 days. Put/call ratio averaged 1.03.

Notable Days

  • 2023-12-13: Highest Volume — 282,825 contracts
  • 2023-12-08: Largest IV drop — 5.9% change
  • 2023-12-26: Highest IV Rank — 21.9%
  • 2023-12-07: Largest Expected Move — 6.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$100.80$98.22$102.91$102.91$100.00
Max Pain$100.25$100.00$105.00$105.00$100.00
ATM IV22.0%20.4%23.0%20.4%22.6%
Expected Move6.3%6.1%6.7%6.2%6.1%
HV 20d18.3%17.0%20.4%17.2%18.0%
HV 60d23.4%21.5%24.3%24.3%21.5%
IV Rank16.3%8.3%21.9%8.3%19.8%
IV Percentile15.0%3.6%25.8%3.6%23.8%
Term Structure0.7%-0.0%1.9%0.1%1.6%
VWIV21.7%19.5%23.0%21.4%21.7%
Skew 25d1.8%0.9%2.7%2.4%0.9%
Skew 10d2.7%1.3%4.2%3.9%1.9%
Call IV 25d21.4%19.3%22.6%19.3%22.0%
Put IV 25d23.1%21.8%24.5%21.8%22.9%
Bid-Ask Spread %2.101.323.482.052.14
Gamma HHI0.120.070.260.110.22
Net GEX-18.3M-104.5M64.2M-9.6M-104.5M
Net DEX244.8M-646.5M1.22B170.1M426.8M
Net VEX-16.7M-17.6M-15.7M-16.7M-16.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.030.523.200.840.69
Total Volume138,035.0564,798282,825107,217109,947
Total OI1,373,471.71,274,2261,457,9171,336,9031,426,445

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2023-12-01$102.91$105.0020.4%6.2%17.2%8.3%21.4%2.4%0.1%-9.6M170.1M-16.7M0.842.0558,39548,822734,248602,655
2023-12-04$102.50$100.0021.3%6.5%17.0%12.7%21.3%2.4%0.5%-20.6M210.5M-16.5M0.862.1948,04841,405701,146573,080
2023-12-05$100.63$100.0021.5%6.4%17.2%14.1%21.8%2.6%0.4%-45.8M710.6M-16.1M0.883.0665,53657,580718,445575,026
2023-12-06$99.12$100.0022.6%6.5%17.0%19.9%21.9%2.7%0.4%-58.5M1.04B-15.9M1.411.9193,723132,087738,179580,885
2023-12-07$98.32$100.0023.0%6.7%17.0%21.7%23.0%2.6%0.5%-62.0M1.22B-15.7M0.961.7694,56791,025756,762592,890
2023-12-08$99.56$100.0021.6%6.4%17.8%14.6%22.0%2.2%0.5%-54.2M875.8M-16.3M1.111.7875,75483,881779,226615,971
2023-12-11$99.77$100.0021.6%6.3%17.7%14.2%21.5%2.4%0.2%-52.6M742.9M-16.1M1.372.1464,93789,055743,791607,363
2023-12-12$98.22$100.0021.8%6.3%17.6%15.6%21.8%2.3%0.1%-65.6M1.15B-16.0M1.111.9574,67483,185769,920620,763
2023-12-13$98.90$100.0021.1%6.1%17.9%12.0%19.5%2.0%-0.0%-55.1M821.9M-16.3M3.202.0467,360215,465791,572624,600
2023-12-14$101.40$100.0021.4%6.3%20.4%13.3%22.4%1.3%0.6%26.5M-265.7M-17.1M0.531.59124,31365,289812,676628,542
2023-12-15$100.50$100.0021.7%6.3%20.1%15.1%22.5%1.2%0.2%-79.4M93.5M-16.9M1.031.3262,45864,475819,506638,411
2023-12-18$101.98$100.0021.4%6.2%18.6%13.6%21.7%1.4%0.5%33.3M-405.9M-17.0M0.673.4885,40457,571723,453575,312
2023-12-19$102.75$100.0021.7%6.2%18.8%14.8%22.0%1.1%0.6%49.5M-646.5M-17.5M0.521.9259,69331,101749,711603,881
2023-12-20$101.59$100.0022.3%6.4%19.2%18.3%20.7%1.6%0.5%23.9M-281.6M-17.4M1.092.1868,26274,363763,540610,506
2023-12-21$101.34$100.0022.7%6.5%19.1%20.2%21.9%1.4%0.5%14.3M-150.9M-17.4M0.891.9254,79648,874776,803614,329
2023-12-22$101.98$100.0022.4%6.4%19.2%18.4%22.3%1.3%0.7%64.2M-409.9M-17.6M0.772.2563,26348,561798,257625,167
2023-12-26$102.44$100.0023.0%6.5%19.1%21.9%22.6%1.5%1.6%33.0M-473.2M-17.3M0.661.9938,94225,856765,872609,686
2023-12-27$101.56$100.0022.4%6.3%19.3%18.6%20.9%1.2%1.9%17.1M-174.9M-16.9M1.262.1740,93051,629779,983615,580
2023-12-28$100.52$100.0022.6%6.2%18.3%19.6%21.8%1.2%1.8%-20.2M239.8M-16.5M0.842.1454,17345,302782,188623,064
2023-12-29$100.00$100.0022.6%6.1%18.0%19.8%21.7%0.9%1.6%-104.5M426.8M-16.3M0.692.1465,18244,765791,718634,727