XOM Options History — March 2025

In March 2025, XOM traded between $105.43 and $119.20. ATM implied volatility averaged 24.1%, placing in the 49.9% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded below realized volatility by 4.9% (HV 20d: 28.9%). Max pain ranged from $110.00 to $115.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.65.

Notable Days

  • 2025-03-05: Highest Volume — 137,194 contracts
  • 2025-03-14: Largest IV drop — 11.1% change
  • 2025-03-11: Highest IV Rank — 87.7%
  • 2025-03-11: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$112.73$105.43$119.20$106.67$119.20
Max Pain$110.24$110.00$115.00$110.00$115.00
ATM IV24.1%18.9%29.6%26.3%21.3%
Expected Move7.5%6.2%9.9%7.9%6.6%
HV 20d28.9%24.4%30.6%27.7%24.4%
HV 60d23.8%22.1%24.7%22.2%24.7%
IV Rank49.9%14.7%87.7%64.7%31.6%
IV Percentile70.0%13.9%99.6%98.4%52.8%
Term Structure0.0%-1.2%1.5%-0.1%0.1%
VWIV26.0%21.3%34.0%27.1%22.8%
Skew 25d3.6%2.3%6.4%4.2%2.9%
Skew 10d6.9%2.3%14.8%5.9%5.4%
Call IV 25d22.3%13.3%27.5%23.9%20.6%
Put IV 25d25.8%19.7%31.7%28.1%23.6%
Bid-Ask Spread %26.084.2461.2121.5755.07
Gamma HHI0.150.090.600.090.14
Net GEX125.9M-1.3M437.4M19.8M139.7M
Net DEX-1.28B-2.33B342.7M115.1M-2.25B
Net VEX-15.3M-17.0M-13.7M-13.7M-17.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.650.271.030.720.44
Total Volume80,546.90547,454137,19484,47578,480
Total OI947,740.905827,2281,035,225878,139915,921

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-03-03$106.67$110.0026.3%7.9%27.7%64.7%27.1%4.2%-0.1%19.8M115.1M-13.7M0.7221.5749,10235,373555,508322,631
2025-03-04$108.03$110.0026.2%8.2%28.0%64.7%28.6%4.0%-1.2%40.2M-192.3M-14.5M0.7727.6733,38025,535575,955334,260
2025-03-05$105.43$110.0027.7%8.5%27.3%74.6%28.6%3.7%-0.9%-1.3M342.7M-13.9M0.3229.12103,81633,378585,079343,372
2025-03-06$107.53$110.0028.7%8.8%28.4%81.6%29.5%3.2%-0.9%57.4M-307.3M-14.9M0.5330.9066,27135,327619,577345,942
2025-03-07$109.03$110.0026.6%7.9%28.5%66.9%26.9%3.3%-0.3%107.6M-709.4M-15.1M0.6320.8058,01436,409631,628351,921
2025-03-10$111.72$110.0029.5%9.5%29.7%86.4%33.8%4.2%-0.1%117.8M-1.37B-15.8M0.5118.1071,48036,776610,099341,118
2025-03-11$108.88$110.0029.6%9.9%30.6%87.7%34.0%3.8%-1.0%73.5M-564.4M-15.2M0.9715.7125,44724,738616,035352,526
2025-03-12$109.34$110.0027.4%8.8%30.5%72.1%30.3%3.7%-0.8%85.5M-645.0M-15.0M1.0016.0523,68523,769619,799354,842
2025-03-13$108.18$110.0028.3%8.8%27.4%78.6%31.8%4.0%-1.1%60.5M-325.9M-14.9M1.0316.2523,45924,190625,824365,427
2025-03-14$111.69$110.0025.2%7.1%29.5%57.4%25.3%3.9%0.7%120.3M-1.28B-15.2M0.3817.5083,16331,848628,279372,658
2025-03-17$114.07$110.0023.4%7.2%30.3%45.7%24.9%3.6%0.3%163.9M-1.74B-15.1M0.6647.4845,23030,050600,869357,207
2025-03-18$113.53$110.0023.8%7.2%29.6%47.8%24.9%3.7%0.3%150.7M-1.53B-15.3M1.0017.2424,39924,450607,893371,297
2025-03-19$115.77$110.0022.0%6.8%30.3%35.8%22.9%3.2%-0.6%189.5M-2.21B-15.1M0.2755.7463,84517,491615,788375,708
2025-03-20$116.17$110.0021.4%6.7%29.8%32.0%22.0%3.1%-0.4%173.6M-2.33B-15.3M0.569.4051,63428,818623,338384,197
2025-03-21$115.11$110.0020.8%6.6%29.5%27.9%22.2%2.9%1.4%437.4M-2.03B-15.3M0.7316.0845,30033,085638,747396,478
2025-03-24$115.95$110.0018.9%6.3%29.5%14.8%21.3%6.4%1.2%115.8M-1.58B-15.3M0.5117.0650,62425,815506,383320,845
2025-03-25$116.88$110.0018.9%6.4%29.1%14.7%21.4%2.3%1.5%132.3M-1.82B-15.8M0.5845.7843,45225,029531,589331,742
2025-03-26$118.24$110.0020.5%6.3%29.1%25.9%21.4%2.9%1.0%154.0M-2.21B-16.2M0.464.2475,38334,304549,327342,423
2025-03-27$118.19$110.0019.5%6.2%29.1%19.1%21.8%2.7%1.3%156.6M-2.17B-16.4M0.804.6637,52230,168573,608356,276
2025-03-28$117.70$110.0019.4%6.5%29.2%18.6%24.0%2.9%0.5%150.0M-2.00B-16.7M0.8661.2143,76137,485582,669367,774
2025-03-31$119.20$115.0021.3%6.6%24.4%31.6%22.8%2.9%0.1%139.7M-2.25B-17.0M0.4455.0754,53623,944565,740350,181