XOM Options History — November 2025

In November 2025, XOM traded between $114.22 and $119.87. ATM implied volatility averaged 21.2%, placing in the 9.1% IV rank vs the trailing year. The 30-day expected move averaged 6.2%. IV traded above realized volatility by 5.7% (HV 20d: 15.5%). Max pain ranged from $110.00 to $115.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 10 of 19 days. Put/call ratio averaged 0.46.

Notable Days

2025-11-13: Highest Volume — 488,422 contracts
2025-11-24: Largest IV drop — 8.2% change
2025-11-20: Highest IV Rank — 17.2%
2025-11-20: Largest Expected Move — 7.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$116.83	$114.22	$119.87	$114.22	$115.97
Max Pain	$112.89	$110.00	$115.00	$111.00	$115.00
ATM IV	21.2%	19.1%	24.0%	21.8%	19.1%
Expected Move	6.2%	5.7%	7.0%	6.6%	5.7%
HV 20d	15.5%	14.9%	16.7%	15.2%	15.2%
HV 60d	18.4%	18.0%	18.9%	18.1%	18.0%
IV Rank	9.1%	3.0%	17.2%	11.0%	3.0%
IV Percentile	31.5%	4.8%	75.8%	41.7%	4.8%
Term Structure	-0.1%	-2.9%	1.9%	1.3%	1.9%
VWIV	21.7%	20.0%	24.1%	22.6%	20.0%
Skew 25d	2.0%	1.0%	3.4%	2.0%	2.0%
Skew 10d	5.5%	2.6%	10.7%	4.4%	4.8%
Call IV 25d	20.5%	18.1%	22.4%	21.5%	18.1%
Put IV 25d	22.5%	20.1%	25.5%	23.5%	20.1%
Bid-Ask Spread %	36.13	20.17	50.86	33.39	24.60
Gamma HHI	0.18	0.13	0.24	0.14	0.15
Net GEX	151.1M	73.9M	254.9M	97.7M	130.0M
Net DEX	-1.57B	-2.68B	-856.3M	-955.7M	-1.23B
Net VEX	-15.6M	-16.7M	-14.7M	-15.3M	-15.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.46	0.07	0.67	0.51	0.37
Total Volume	82,246.737	35,588	488,422	35,588	37,551
Total OI	1,011,445.053	934,489	1,068,488	973,263	976,727

Daily Data (19 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
2025-11-03	$114.22	$111.00	21.8%	6.6%	15.2%	11.0%	22.6%	2.0%	1.3%	97.7M	-955.7M	-15.3M	0.51	33.39	23,615	11,973	592,963	380,300
2025-11-04	$114.29	$112.00	22.4%	6.7%	15.2%	12.8%	23.2%	2.3%	-0.1%	97.8M	-996.4M	-15.2M	0.67	34.88	22,370	15,007	601,605	386,294
2025-11-05	$114.28	$112.00	20.8%	6.1%	15.1%	8.1%	20.7%	2.2%	0.0%	103.8M	-1.01B	-14.7M	0.65	45.28	25,518	16,709	609,695	391,783
2025-11-06	$114.78	$110.00	21.2%	6.2%	14.9%	9.2%	22.1%	1.8%	-0.0%	116.8M	-1.13B	-15.0M	0.37	40.38	30,385	11,345	613,769	398,726
2025-11-07	$117.40	$110.00	21.6%	6.4%	15.2%	10.2%	22.0%	1.2%	0.6%	191.7M	-1.99B	-15.6M	0.49	42.67	57,555	27,972	621,273	403,940
2025-11-10	$118.20	$110.00	20.9%	6.0%	15.2%	8.4%	21.2%	1.7%	0.0%	204.4M	-2.06B	-15.6M	0.36	35.80	48,162	17,549	610,088	392,391
2025-11-11	$119.87	$110.00	19.8%	5.8%	15.7%	5.1%	20.3%	1.4%	0.2%	254.9M	-2.68B	-15.5M	0.45	31.36	83,205	37,562	621,114	398,256
2025-11-12	$118.24	$110.00	20.2%	5.9%	16.7%	6.2%	20.6%	1.1%	0.1%	187.7M	-2.08B	-15.9M	0.52	30.09	45,955	23,897	637,362	416,412
2025-11-13	$118.83	$110.00	21.1%	6.1%	15.7%	8.9%	23.0%	1.0%	0.4%	206.0M	-2.28B	-16.1M	0.07	40.50	457,112	31,310	644,454	424,034
2025-11-14	$119.16	$115.00	20.6%	6.0%	14.9%	7.4%	21.5%	1.5%	0.4%	240.7M	-2.07B	-16.7M	0.47	37.99	60,027	28,466	614,515	430,636
2025-11-17	$117.75	$115.00	21.2%	6.1%	15.8%	9.1%	21.6%	1.7%	-1.0%	172.4M	-1.67B	-16.3M	0.53	34.68	42,584	22,708	610,433	408,334
2025-11-18	$119.01	$115.00	22.2%	6.4%	16.1%	12.2%	22.7%	1.2%	-1.3%	217.9M	-2.14B	-16.3M	0.51	39.20	26,761	13,685	619,041	415,450
2025-11-19	$117.45	$115.00	23.1%	6.6%	15.8%	14.6%	22.2%	2.4%	-2.1%	157.9M	-1.61B	-15.9M	0.39	44.59	37,923	14,702	620,460	419,430
2025-11-20	$117.18	$115.00	24.0%	7.0%	15.3%	17.2%	24.1%	3.1%	-2.9%	141.3M	-1.54B	-16.0M	0.66	50.86	32,501	21,550	625,819	421,022
2025-11-21	$117.13	$115.00	22.2%	6.5%	15.0%	12.0%	21.8%	3.4%	-0.9%	84.3M	-1.44B	-15.8M	0.53	42.54	53,216	28,022	631,153	426,259
2025-11-24	$115.90	$115.00	20.4%	6.1%	15.5%	6.7%	21.3%	2.7%	1.4%	103.3M	-1.13B	-15.4M	0.48	23.08	39,007	18,837	550,974	383,515
2025-11-25	$114.82	$115.00	19.8%	6.0%	15.8%	5.0%	21.1%	3.1%	-0.2%	73.9M	-856.3M	-15.3M	0.38	20.17	38,876	14,610	562,438	392,763
2025-11-26	$115.23	$115.00	19.9%	6.0%	15.5%	5.3%	20.6%	2.9%	-0.1%	88.8M	-1.01B	-15.1M	0.37	34.45	32,397	12,064	569,227	394,801
2025-11-28	$115.97	$115.00	19.1%	5.7%	15.2%	3.0%	20.0%	2.0%	1.9%	130.0M	-1.23B	-15.3M	0.37	24.60	27,357	10,194	580,027	396,700