XOM Options History — September 2025

In September 2025, XOM traded between $109.19 and $117.37. ATM implied volatility averaged 20.8%, placing in the 8.2% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 1.3% (HV 20d: 19.5%). Max pain ranged from $105.00 to $110.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.59.

Notable Days

  • 2025-09-26: Highest Volume — 168,836 contracts
  • 2025-09-22: Largest IV spike — 5.5% change
  • 2025-09-30: Highest IV Rank — 12.1%
  • 2025-09-10: Largest Expected Move — 6.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$113.16$109.19$117.37$114.67$112.41
Max Pain$107.38$105.00$110.00$110.00$110.00
ATM IV20.8%19.4%22.2%19.4%22.2%
Expected Move6.0%5.6%6.3%5.7%6.1%
HV 20d19.5%11.2%24.2%11.2%24.2%
HV 60d20.2%19.3%21.1%20.1%20.3%
IV Rank8.2%4.7%12.1%4.7%12.1%
IV Percentile25.8%9.5%47.2%9.5%47.2%
Term Structure0.4%-4.2%1.5%0.4%0.9%
VWIV20.9%19.8%23.3%20.7%21.0%
Skew 25d2.3%1.5%2.9%2.6%2.2%
Skew 10d3.9%-3.5%5.7%1.6%3.9%
Call IV 25d19.8%18.1%21.8%18.1%21.8%
Put IV 25d22.1%20.7%24.0%20.7%24.0%
Bid-Ask Spread %24.533.5555.1641.6619.63
Gamma HHI0.140.120.160.150.12
Net GEX113.7M20.7M175.4M147.0M65.1M
Net DEX-1.21B-2.35B-296.5M-1.62B-752.1M
Net VEX-15.2M-16.8M-13.7M-14.5M-16.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.590.311.340.640.59
Total Volume65,676.61926,333168,83646,22270,564
Total OI1,004,176.81896,1281,096,504896,1281,047,521

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-09-02$114.67$110.0019.4%5.7%11.2%4.7%20.7%2.6%0.4%147.0M-1.62B-14.5M0.6441.6628,20618,016541,385354,743
2025-09-03$111.73$110.0020.4%6.0%15.2%7.6%21.4%2.8%0.2%91.9M-939.6M-14.2M0.8831.4723,97221,038550,113363,736
2025-09-04$112.49$105.0020.1%6.0%15.2%6.7%19.9%2.7%0.2%110.0M-1.10B-14.2M0.7511.1824,05618,123557,777371,422
2025-09-05$109.19$105.0020.9%6.0%19.0%8.3%23.3%2.9%0.2%20.7M-296.5M-13.7M1.343.5555,42274,044563,751381,700
2025-09-08$109.68$105.0020.4%5.9%19.0%6.8%21.0%2.4%0.3%26.3M-298.4M-14.3M0.318.5143,52713,429559,045458,452
2025-09-09$111.01$105.0021.0%6.2%19.2%8.6%20.9%2.0%0.6%69.1M-728.1M-15.0M0.3826.7137,56214,279585,378461,716
2025-09-10$112.43$105.0021.1%6.3%19.5%8.9%21.2%1.6%0.7%117.3M-1.16B-14.8M0.4829.8723,80211,410597,059425,001
2025-09-11$112.34$105.0020.6%6.1%19.4%7.5%20.4%2.4%0.8%123.5M-1.13B-14.8M0.7316.1323,31816,928606,286427,811
2025-09-12$112.40$105.0020.3%6.0%19.3%6.6%19.8%2.4%0.6%123.1M-1.14B-14.5M0.5727.6832,56718,679611,538432,979
2025-09-15$112.15$105.0021.2%6.1%19.2%9.3%20.9%2.2%-4.2%100.7M-1.01B-14.4M0.5155.1617,4658,868589,209421,704
2025-09-16$114.81$105.0021.0%6.0%20.6%8.7%20.9%2.5%-0.2%162.7M-1.74B-15.0M0.5047.9572,27036,365596,932430,224
2025-09-17$115.16$105.0020.6%5.9%20.6%7.3%20.6%2.5%0.1%175.4M-1.88B-15.7M0.4944.8728,08413,873625,131450,451
2025-09-18$114.44$105.0020.5%5.9%20.1%7.2%21.2%2.5%0.2%167.3M-1.56B-15.8M1.0717.9624,72926,541629,011454,398
2025-09-19$113.18$110.0020.2%5.7%20.7%6.2%20.5%2.6%0.8%95.9M-1.17B-15.6M0.3931.9239,69915,463633,115463,389
2025-09-22$112.27$110.0021.3%6.1%19.7%9.4%21.2%2.2%1.1%78.8M-868.9M-15.2M0.4515.3534,03815,370538,056388,284
2025-09-23$114.34$110.0021.5%6.2%20.7%9.9%21.4%2.4%1.1%124.5M-1.36B-15.9M0.3815.0750,19118,981550,654394,122
2025-09-24$114.69$110.0021.3%6.1%20.7%9.6%21.3%2.3%1.0%140.3M-1.44B-16.2M0.3415.0965,92922,090568,477403,526
2025-09-25$115.71$110.0021.4%6.1%20.6%9.8%21.0%2.5%1.1%173.8M-1.77B-16.7M0.6822.2240,64727,678594,721411,974
2025-09-26$117.37$110.0020.5%5.6%21.1%7.3%20.3%1.5%1.5%172.9M-2.35B-16.8M0.3516.62125,42043,416609,009421,100
2025-09-29$113.84$110.0021.3%5.8%23.9%9.6%20.2%2.1%0.1%101.6M-1.12B-16.5M0.5316.4254,18328,967602,052414,761
2025-09-30$112.41$110.0022.2%6.1%24.2%12.1%21.0%2.2%0.9%65.1M-752.1M-16.2M0.5919.6344,41126,153622,422425,099