XOM Options History — April 2025

In April 2025, XOM traded between $98.40 and $118.81. ATM implied volatility averaged 34.8%, placing in the 56.8% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded below realized volatility by 14.5% (HV 20d: 49.3%). Max pain ranged from $105.00 to $115.00. Net GEX was positive for 18 of 21 trading days. Term structure was in contango for 3 of 21 days. Put/call ratio averaged 0.89.

Notable Days

2025-04-04: Highest Volume — 169,326 contracts
2025-04-04: Largest IV spike — 51.8% change
2025-04-04: Highest IV Rank — 100.0%
2025-04-08: Largest Expected Move — 14.5%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$106.80	$98.40	$118.81	$118.81	$105.29
Max Pain	$107.86	$105.00	$115.00	$115.00	$105.00
ATM IV	34.8%	21.3%	52.4%	21.3%	31.6%
Expected Move	10.2%	6.3%	14.5%	6.6%	10.3%
HV 20d	49.3%	22.1%	58.5%	24.5%	58.5%
HV 60d	35.9%	24.7%	40.0%	24.7%	40.0%
IV Rank	56.8%	30.2%	100.0%	31.3%	41.7%
IV Percentile	92.6%	50.4%	100.0%	50.4%	94.8%
Term Structure	-1.1%	-4.7%	1.4%	-0.0%	-0.9%
VWIV	35.8%	22.9%	50.1%	23.0%	35.3%
Skew 25d	6.6%	2.6%	13.7%	3.3%	4.3%
Skew 10d	12.9%	-4.4%	32.6%	6.2%	11.1%
Call IV 25d	31.2%	19.3%	44.2%	20.2%	30.1%
Put IV 25d	37.9%	23.4%	57.9%	23.6%	34.4%
Bid-Ask Spread %	38.46	16.78	58.13	56.26	28.01
Gamma HHI	0.09	0.08	0.14	0.13	0.08
Net GEX	31.8M	-16.3M	139.5M	136.9M	6.0M
Net DEX	-44.0M	-2.13B	1.26B	-2.13B	252.8M
Net VEX	-15.9M	-17.2M	-14.5M	-17.2M	-15.2M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.89	0.39	1.93	0.79	1.00
Total Volume	68,805.905	33,954	169,326	47,453	38,442
Total OI	985,182.667	921,737	1,061,959	934,941	982,968

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2025-04-01	$118.81	$115.00	21.3%	6.6%	24.5%	31.3%	23.0%	3.3%	-0.0%	136.9M	-2.13B	-17.2M	0.79	56.26	26,476	20,977	576,311	358,630
2025-04-02	$118.66	$115.00	21.4%	6.3%	22.1%	32.2%	22.9%	4.1%	-0.1%	139.5M	-2.10B	-17.2M	1.10	58.13	17,604	19,392	583,911	367,628
2025-04-03	$112.64	$115.00	28.9%	8.1%	29.6%	82.4%	28.9%	3.2%	-4.7%	38.9M	-565.7M	-17.0M	1.29	49.15	52,183	67,557	587,096	372,667
2025-04-04	$105.16	$115.00	43.8%	11.8%	38.5%	100.0%	39.4%	9.0%	-1.9%	3.4M	673.6M	-15.7M	1.27	42.09	74,751	94,575	592,662	377,518
2025-04-07	$102.16	$110.00	45.6%	13.2%	38.3%	100.0%	45.6%	8.8%	1.4%	-1.5M	818.1M	-15.0M	0.94	37.71	58,694	55,309	581,720	371,502
2025-04-08	$99.06	$110.00	52.4%	14.5%	38.7%	100.0%	50.1%	13.7%	-1.3%	-7.1M	1.11B	-14.5M	0.93	40.14	41,321	38,332	598,475	388,853
2025-04-09	$106.27	$110.00	37.5%	11.0%	47.0%	58.2%	39.5%	8.6%	0.5%	13.5M	218.9M	-16.4M	0.76	44.48	49,288	37,245	611,015	397,368
2025-04-10	$98.40	$110.00	50.1%	13.7%	54.1%	93.4%	47.2%	9.4%	-4.1%	-16.3M	1.26B	-14.5M	0.75	42.01	53,805	40,370	620,494	407,006
2025-04-11	$103.39	$105.00	41.8%	11.7%	56.0%	70.4%	42.2%	7.2%	-2.4%	2.1M	549.2M	-16.0M	0.39	40.00	69,583	26,964	644,142	413,484
2025-04-14	$103.81	$105.00	35.6%	10.2%	55.3%	53.0%	35.8%	8.7%	-0.6%	10.2M	491.5M	-15.5M	0.82	44.48	23,967	19,560	636,244	396,546
2025-04-15	$103.25	$105.00	33.1%	9.5%	55.3%	46.0%	34.2%	7.7%	0.7%	4.6M	594.0M	-15.0M	0.85	42.15	24,486	20,862	641,403	398,350
2025-04-16	$103.96	$105.00	35.5%	10.2%	54.7%	52.7%	35.5%	7.4%	-0.7%	12.3M	365.5M	-15.5M	0.87	47.21	32,501	28,196	649,082	397,333
2025-04-17	$107.44	$105.00	33.9%	9.8%	56.3%	48.3%	33.4%	6.8%	-2.7%	50.3M	-331.4M	-16.4M	0.42	51.95	67,966	28,617	656,857	405,102
2025-04-21	$104.86	$105.00	36.2%	10.8%	56.8%	54.7%	37.2%	2.6%	-0.9%	18.0M	123.6M	-15.8M	0.59	34.04	28,922	17,134	570,084	351,653
2025-04-22	$108.48	$105.00	33.2%	10.0%	58.3%	46.4%	35.1%	7.5%	-1.3%	49.2M	-457.7M	-16.6M	0.86	28.26	28,818	24,719	579,823	360,314
2025-04-23	$107.24	$105.00	33.5%	10.2%	58.2%	47.1%	35.3%	6.8%	-1.4%	37.4M	-230.8M	-16.4M	0.93	22.38	24,205	22,437	589,244	370,770
2025-04-24	$108.47	$105.00	30.4%	9.5%	58.2%	38.5%	32.6%	6.0%	-1.3%	56.4M	-445.2M	-16.5M	0.87	17.06	18,199	15,755	595,892	378,501
2025-04-25	$108.38	$105.00	28.7%	9.0%	58.2%	33.7%	32.6%	5.8%	-1.1%	34.6M	-365.7M	-16.0M	0.43	16.78	41,615	17,984	598,071	380,408
2025-04-28	$108.66	$105.00	28.2%	9.1%	58.2%	32.2%	32.0%	4.2%	-0.2%	41.8M	-412.8M	-15.8M	0.91	25.57	18,140	16,432	577,429	363,892
2025-04-29	$108.38	$105.00	27.5%	9.0%	57.9%	30.2%	33.3%	4.6%	-0.4%	37.3M	-341.2M	-15.6M	1.93	39.76	14,162	27,379	584,632	373,756
2025-04-30	$105.29	$105.00	31.6%	10.3%	58.5%	41.7%	35.3%	4.3%	-0.9%	6.0M	252.8M	-15.2M	1.00	28.01	19,230	19,212	591,628	391,340