XOM Options History — December 2025

In December 2025, XOM traded between $115.01 and $121.28. ATM implied volatility averaged 19.2%, placing in the 2.6% IV rank vs the trailing year. The 30-day expected move averaged 5.5%. IV traded above realized volatility by 1.5% (HV 20d: 17.7%). 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 17 of 22 days. Put/call ratio averaged 0.54.

Notable Days

2025-12-09: Highest Volume — 124,966 contracts
2025-12-18: Largest IV spike — 6.7% change
2025-12-31: Highest IV Rank — 6.0%
2025-12-02: Largest Expected Move — 6.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$118.05	$115.01	$121.28	$116.58	$120.31
Max Pain	$112.27	$110.00	$115.00	$115.00	$115.00
ATM IV	19.2%	17.6%	20.4%	18.9%	19.7%
Expected Move	5.5%	4.9%	6.0%	5.9%	4.9%
HV 20d	17.7%	15.3%	19.6%	15.3%	19.4%
HV 60d	17.3%	16.5%	18.0%	16.9%	16.6%
IV Rank	2.6%	0.0%	6.0%	2.5%	6.0%
IV Percentile	5.7%	0.0%	16.3%	2.8%	12.7%
Term Structure	0.7%	-0.4%	3.1%	0.8%	0.6%
VWIV	19.6%	17.5%	22.3%	21.2%	17.5%
Skew 25d	2.4%	1.7%	3.1%	2.1%	2.7%
Skew 10d	5.4%	3.3%	9.2%	4.5%	5.7%
Call IV 25d	18.3%	16.5%	19.1%	18.7%	18.8%
Put IV 25d	20.7%	18.7%	22.0%	20.8%	21.4%
Bid-Ask Spread %	32.93	15.02	46.39	17.12	30.07
Gamma HHI	0.18	0.13	0.23	0.16	0.18
Net GEX	160.7M	69.0M	224.5M	137.2M	181.2M
Net DEX	-1.59B	-2.20B	-683.8M	-1.38B	-1.93B
Net VEX	-15.1M	-15.6M	-14.4M	-15.0M	-15.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.54	0.28	1.01	0.39	1.01
Total Volume	61,309.136	33,517	124,966	64,339	41,179
Total OI	984,787.727	868,937	1,084,739	944,643	936,746

Daily Data (22 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
2025-12-01	$116.58	$115.00	18.9%	5.9%	15.3%	2.5%	21.2%	2.1%	0.8%	137.2M	-1.38B	-15.0M	0.39	17.12	46,136	18,203	563,895	380,748
2025-12-02	$115.46	$115.00	20.0%	6.0%	15.4%	5.8%	21.2%	2.5%	0.6%	103.3M	-1.04B	-14.7M	0.31	15.02	35,339	11,113	577,461	389,486
2025-12-03	$117.88	$115.00	19.3%	5.9%	17.0%	3.5%	22.3%	2.4%	0.7%	175.7M	-1.73B	-15.5M	0.62	15.20	39,425	24,264	590,554	393,521
2025-12-04	$116.94	$110.00	19.3%	5.9%	17.3%	3.5%	21.3%	2.3%	-0.3%	152.0M	-1.45B	-15.4M	0.83	43.02	20,422	16,917	598,305	400,779
2025-12-05	$116.77	$110.00	19.7%	5.9%	17.3%	4.7%	20.5%	2.1%	0.3%	179.2M	-1.37B	-15.5M	0.32	40.11	51,420	16,705	603,097	405,638
2025-12-08	$115.91	$110.00	20.2%	6.0%	15.5%	4.2%	21.4%	2.7%	0.8%	114.5M	-1.17B	-15.0M	0.79	44.25	26,548	20,869	592,826	394,290
2025-12-09	$118.08	$110.00	19.6%	5.6%	16.8%	2.5%	20.3%	2.4%	-0.0%	182.3M	-1.76B	-15.4M	0.73	35.69	72,197	52,769	601,739	401,320
2025-12-10	$119.59	$110.00	19.3%	5.7%	16.6%	1.4%	20.4%	2.3%	0.9%	216.0M	-2.17B	-15.6M	0.84	46.39	27,059	22,681	611,001	414,208
2025-12-11	$119.28	$110.00	19.0%	5.6%	15.9%	0.5%	19.9%	1.7%	0.9%	224.5M	-2.07B	-15.6M	1.01	30.53	33,575	34,046	617,542	423,032
2025-12-12	$118.79	$110.00	18.6%	5.4%	15.9%	0.0%	19.1%	2.4%	0.1%	209.1M	-1.73B	-15.5M	0.44	28.95	51,115	22,544	623,848	432,923
2025-12-15	$117.73	$110.00	18.7%	5.4%	16.1%	0.3%	19.3%	2.9%	0.3%	161.3M	-1.43B	-15.0M	0.40	36.03	32,666	13,168	613,102	420,076
2025-12-16	$115.01	$110.00	19.3%	5.6%	17.6%	2.0%	19.2%	2.8%	-0.3%	69.0M	-683.8M	-14.4M	0.31	31.71	88,737	27,313	620,285	421,934
2025-12-17	$117.52	$110.00	19.2%	5.5%	19.0%	1.6%	20.2%	2.9%	1.1%	160.3M	-1.47B	-15.0M	0.28	32.13	43,558	12,256	633,921	428,465
2025-12-18	$116.69	$110.00	20.4%	5.9%	18.6%	5.4%	20.0%	3.1%	-0.4%	116.1M	-1.19B	-15.0M	0.34	31.62	42,030	14,096	644,547	432,345
2025-12-19	$116.25	$110.00	19.3%	5.5%	18.6%	2.1%	18.8%	2.6%	0.3%	69.5M	-1.11B	-14.7M	0.52	43.06	35,814	18,493	650,305	434,434
2025-12-22	$118.21	$115.00	18.5%	5.3%	19.6%	0.0%	18.4%	2.2%	3.1%	142.7M	-1.50B	-14.9M	0.36	36.92	38,752	13,907	516,470	352,467
2025-12-23	$119.33	$115.00	17.9%	5.2%	19.4%	0.0%	17.9%	1.7%	0.8%	179.8M	-1.84B	-15.1M	0.53	26.46	47,560	25,064	532,441	357,051
2025-12-24	$119.87	$115.00	17.6%	5.0%	19.0%	0.0%	17.9%	2.0%	1.7%	195.7M	-1.96B	-15.3M	0.40	37.70	27,987	11,238	542,202	370,714
2025-12-26	$119.09	$115.00	18.4%	5.1%	19.2%	2.2%	18.0%	2.3%	1.8%	182.5M	-1.70B	-15.1M	0.72	39.21	19,466	14,051	548,331	373,628
2025-12-29	$120.61	$115.00	19.3%	5.3%	19.5%	4.8%	19.1%	2.7%	-0.4%	178.9M	-2.05B	-15.0M	0.37	31.33	58,560	21,707	529,011	366,934
2025-12-30	$121.28	$115.00	19.3%	5.1%	19.5%	4.9%	18.0%	2.4%	1.4%	204.9M	-2.20B	-15.1M	0.44	31.95	40,175	17,677	546,100	377,608
2025-12-31	$120.31	$115.00	19.7%	4.9%	19.4%	6.0%	17.5%	2.7%	0.6%	181.2M	-1.93B	-15.1M	1.01	30.07	20,512	20,667	553,669	383,077