XOM Options History — May 2024

In May 2024, XOM traded between $113.31 and $119.70. ATM implied volatility averaged 18.1%, placing in the 9.3% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 1.4% (HV 20d: 16.7%). Max pain ranged from $110.00 to $115.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 12 of 22 days. Put/call ratio averaged 0.72.

Notable Days

  • 2024-05-13: Highest Volume — 720,200 contracts
  • 2024-05-22: Largest IV spike — 8.2% change
  • 2024-05-30: Highest IV Rank — 22.9%
  • 2024-05-01: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$116.52$113.31$119.70$116.09$116.62
Max Pain$113.27$110.00$115.00$110.00$115.00
ATM IV18.1%16.7%20.2%20.2%19.0%
Expected Move5.3%4.8%6.2%6.2%5.5%
HV 20d16.7%14.5%19.4%16.0%19.4%
HV 60d15.3%13.8%16.8%16.7%15.9%
IV Rank9.3%0.0%22.9%22.0%18.6%
IV Percentile4.0%0.0%12.3%9.5%10.3%
Term Structure-0.0%-0.6%0.5%0.5%-0.5%
VWIV18.4%16.4%21.5%21.5%19.3%
Skew 25d1.3%0.1%2.3%0.6%2.1%
Skew 10d2.7%0.2%5.4%1.6%4.4%
Call IV 25d17.7%16.1%20.2%20.2%18.3%
Put IV 25d19.0%17.2%21.0%20.9%20.4%
Bid-Ask Spread %2.431.527.447.442.74
Gamma HHI0.140.090.460.100.13
Net GEX103.3M6.6M353.4M51.9M129.7M
Net DEX-1.46B-2.51B-294.1M-1.50B-1.55B
Net VEX-17.9M-19.0M-17.1M-19.0M-17.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.720.051.371.000.46
Total Volume126,505.77354,360720,200120,768112,796
Total OI1,224,8071,088,0841,343,1601,287,8701,145,794

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-05-01$116.09$110.0020.2%6.2%16.0%22.0%21.5%0.6%0.5%51.9M-1.50B-19.0M1.007.4460,51260,256736,343551,527
2024-05-02$116.13$113.0019.7%6.0%16.0%17.8%21.3%0.7%0.3%48.2M-1.52B-19.0M1.373.0741,74857,017752,566558,288
2024-05-03$115.69$114.0018.8%5.7%14.5%10.5%19.8%1.0%0.3%26.5M-1.32B-18.5M0.832.9278,25964,737762,971562,785
2024-05-06$117.25$110.0018.8%5.5%15.6%10.0%18.7%0.8%0.3%122.3M-2.05B-18.4M0.472.3295,31345,190747,857537,064
2024-05-07$116.84$110.0018.0%5.3%15.6%4.4%18.7%0.6%0.2%112.0M-1.85B-18.1M0.741.5937,51227,635748,602548,519
2024-05-08$116.15$110.0017.9%5.3%14.9%3.6%18.4%0.3%0.2%93.8M-1.62B-18.0M1.051.6337,12238,911756,470552,525
2024-05-09$118.40$110.0017.4%5.0%16.8%0.0%17.9%0.1%0.1%184.3M-2.51B-18.0M0.882.5552,50046,391760,274559,730
2024-05-10$117.91$110.0017.0%4.9%16.2%0.0%17.4%0.4%0.3%202.4M-2.27B-17.9M0.731.7360,53444,258766,349576,811
2024-05-13$117.80$110.0017.7%5.0%16.2%5.8%17.9%0.8%-0.4%148.8M-2.22B-17.7M0.051.83687,28532,915741,155541,553
2024-05-14$117.53$115.0017.8%5.0%16.0%7.2%17.5%1.4%-0.5%117.1M-1.43B-17.9M0.651.5237,90724,474670,600552,966
2024-05-15$118.25$115.0017.7%4.9%16.2%5.8%17.5%1.5%-0.3%158.7M-1.76B-17.7M1.052.0860,16863,304675,409555,666
2024-05-16$117.80$115.0017.4%4.9%16.2%3.8%18.3%1.6%-0.4%123.8M-1.50B-17.8M1.121.8351,57657,882674,551561,668
2024-05-17$119.70$115.0016.7%4.8%16.7%0.0%16.6%1.6%0.1%353.4M-2.23B-17.5M0.711.7275,59753,751682,414566,362
2024-05-20$118.65$115.0016.8%4.8%16.8%1.2%16.8%1.4%0.3%107.4M-1.75B-17.7M0.802.3839,34231,329601,090486,994
2024-05-21$118.13$115.0016.8%4.8%16.8%1.1%16.4%1.6%0.3%105.0M-1.61B-17.5M0.682.3942,16528,565617,198494,621
2024-05-22$115.38$115.0018.2%5.2%18.5%12.3%17.3%1.8%-0.1%21.2M-718.9M-17.9M0.622.3984,83052,996633,679506,649
2024-05-23$113.56$115.0018.4%5.3%19.1%14.0%18.6%2.0%-0.0%6.6M-367.7M-17.3M0.642.2952,63733,666654,171511,413
2024-05-24$113.31$115.0017.5%5.0%17.3%6.8%17.7%1.9%0.2%11.8M-294.1M-17.3M0.592.1971,56442,025669,568511,429
2024-05-28$114.97$115.0018.6%5.3%17.9%15.7%18.3%1.9%-0.6%59.8M-897.0M-17.4M0.342.2751,12617,419626,267502,368
2024-05-29$113.62$115.0019.2%5.5%18.0%20.7%19.1%2.3%-0.5%38.3M-524.7M-17.1M0.382.6654,55820,995636,016506,455
2024-05-30$113.72$115.0019.5%5.6%17.0%22.9%19.3%2.1%-0.5%48.6M-621.5M-17.2M0.612.0033,69120,669634,922506,095
2024-05-31$116.62$115.0019.0%5.5%19.4%18.6%19.3%2.1%-0.5%129.7M-1.55B-17.6M0.462.7477,50135,295639,167506,627