XOM Options History — February 2026

In February 2026, XOM traded between $138.67 and $155.89. ATM implied volatility averaged 28.4%, placing in the 31.0% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded above realized volatility by 0.6% (HV 20d: 27.7%). Max pain ranged from $125.00 to $140.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 9 of 19 days. Put/call ratio averaged 0.63.

Notable Days

  • 2026-02-11: Highest Volume — 1,660,491 contracts
  • 2026-02-03: Largest IV spike — 19.7% change
  • 2026-02-27: Highest IV Rank — 46.0%
  • 2026-02-27: Largest Expected Move — 10.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$148.97$138.67$155.89$138.67$153.07
Max Pain$133.68$125.00$140.00$125.00$140.00
ATM IV28.4%22.8%33.6%22.8%33.6%
Expected Move8.3%6.7%10.0%6.7%10.0%
HV 20d27.7%21.8%32.4%27.5%32.4%
HV 60d24.4%21.5%26.4%21.5%26.4%
IV Rank31.0%14.9%46.0%14.9%46.0%
IV Percentile88.2%52.8%96.0%52.8%96.0%
Term Structure-0.1%-2.6%1.6%-2.6%0.5%
VWIV29.6%23.7%35.9%23.7%35.9%
Skew 25d1.4%0.5%2.4%2.0%1.1%
Skew 10d2.5%-1.1%5.8%-1.1%5.5%
Call IV 25d28.3%22.8%33.1%22.8%33.1%
Put IV 25d29.7%24.8%34.2%24.8%34.2%
Bid-Ask Spread %33.4519.2847.4533.3623.10
Gamma HHI0.090.070.120.120.09
Net GEX119.3M13.1M187.2M159.1M130.5M
Net DEX-5.47B-8.10B-3.73B-4.78B-5.64B
Net VEX-24.6M-27.5M-21.4M-21.4M-27.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.630.051.320.500.49
Total Volume193,674.26362,9751,660,49162,975148,352
Total OI1,198,172.2111,068,5621,292,2961,068,5621,252,869

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-02-02$138.67$125.0022.8%6.7%27.5%14.9%23.7%2.0%-2.6%159.1M-4.78B-21.4M0.5033.3641,96221,013665,757402,805
2026-02-03$144.24$125.0027.3%8.3%29.2%27.7%28.9%0.9%-0.5%162.4M-5.96B-21.4M0.7140.31116,66083,145670,543410,662
2026-02-04$147.47$130.0027.7%8.4%26.4%29.1%29.9%0.5%0.6%148.5M-6.67B-22.0M0.7041.4668,54048,034702,754457,528
2026-02-05$145.93$125.0027.3%7.5%24.0%27.9%26.5%1.3%1.6%138.7M-6.24B-22.8M0.8647.4534,02229,130708,582478,777
2026-02-06$149.08$125.0025.8%7.4%22.5%23.5%26.6%0.7%0.0%152.2M-7.06B-21.9M0.3537.65115,53940,987713,295489,761
2026-02-09$150.94$125.0025.9%7.5%22.5%23.8%27.3%1.7%-0.0%154.4M-7.09B-22.4M0.2031.60123,23624,817717,605467,991
2026-02-10$151.48$125.0025.2%7.4%21.8%21.8%26.3%1.4%0.5%181.1M-7.08B-22.7M0.3725.4761,13022,462738,756478,000
2026-02-11$155.89$125.0026.4%7.6%22.6%25.2%27.3%1.2%0.2%187.2M-8.10B-22.1M0.0534.881,580,11380,378749,517487,671
2026-02-12$150.88$135.0027.4%8.0%26.3%28.2%28.8%1.6%0.6%80.4M-4.72B-24.9M1.3236.0175,977100,238643,378529,006
2026-02-13$148.57$140.0027.1%7.8%27.1%27.2%28.1%1.3%0.4%13.1M-4.09B-25.8M0.8635.9859,32451,123657,119575,248
2026-02-17$146.31$140.0027.8%8.0%28.3%29.4%29.5%2.4%-0.5%44.7M-3.73B-25.7M1.0337.4248,64550,217654,765557,231
2026-02-18$150.43$140.0029.7%8.5%29.3%34.9%30.1%1.4%-0.1%99.8M-4.80B-25.7M0.3840.9659,88223,038666,225571,241
2026-02-19$151.40$140.0030.4%8.8%29.0%36.9%31.9%1.8%-0.5%133.2M-5.15B-26.3M0.7741.3767,37151,653690,431574,426
2026-02-20$147.54$140.0030.3%8.7%31.1%36.3%31.6%1.5%-0.6%71.1M-4.02B-26.8M0.5830.5781,52547,138712,541579,755
2026-02-23$150.65$140.0031.2%9.2%31.6%39.0%32.6%1.3%-0.6%114.3M-4.89B-27.1M0.6028.0750,04730,180674,001483,379
2026-02-24$149.62$140.0030.7%8.9%31.9%37.6%32.7%0.7%-0.7%105.3M-4.63B-27.1M0.7725.1739,00430,050682,952491,975
2026-02-25$149.24$140.0031.7%9.0%31.8%40.4%32.3%2.0%-0.8%102.8M-4.63B-26.9M0.7319.2849,61936,101696,734505,989
2026-02-26$149.02$140.0031.2%9.2%31.9%39.0%32.3%1.9%0.2%88.3M-4.54B-27.1M0.6425.5054,36734,792703,668522,335
2026-02-27$153.07$140.0033.6%10.0%32.4%46.0%35.9%1.1%0.5%130.5M-5.64B-27.5M0.4923.1099,61948,733718,324534,545