XOM Options Chain Analysis

As of previous close (2026-10-02) · OPRA historical data

Spot $164.32 at that close. Nothing on this page comes from the session in progress.

Put/Call (OI)

0.67

426k P / 639k C

Put/Call (Volume)

0.42

17k P / 41k C that session

30d ATM IV

30%

annualized implied move

Call wall

$170

72k contracts

Put wall

$145

61k contracts

Tail hedging

1.7×

deep-OTM puts vs calls

What the positioning says

●Bullish positioning: only 0.67 puts per call outstanding.
●Call wall at $170 (72k contracts), 3% above spot — the upside strike the crowd is already parked on; often acts as near-term resistance.
●Put wall at $145 (61k contracts), 12% below spot — the hedge floor; often acts as support.

Open interest by strike

All expiries combined. Amber lines mark the call and put walls; the dashed line is spot.

IV term structure

At-the-money implied volatility per expiry.

Volatility smile

IV by strike — expiry 2026-10-30. A steep left side = expensive downside protection.

30-day implied volatility history

Daily ATM IV (~30 DTE bucket) collected since March 2026. Rising IV into an event = the market bracing; collapsing IV after = the crush.

Open interest by expiry

Expiry	Call OI	Put OI	P/C	Volume that session
2026-10-09	11k	7k	0.66	23k
2026-10-16	78k	57k	0.73	5k
2026-10-23	7k	6k	0.86	5k
2026-10-30	4k	3k	0.74	720
2026-11-06	1k	5k	4.28	1k
2026-11-13	198	5k	23.44	45
2026-11-20	57k	34k	0.60	1k
2026-12-18	119k	90k	0.76	1k
2027-01-15	129k	91k	0.71	2k
2027-03-19	46k	26k	0.57	801
2027-04-16	2k	2k	1.00	192
2027-06-17	41k	29k	0.72	570
2027-09-17	3k	5k	1.45	250
2027-12-17	23k	9k	0.41	154
2028-01-21	48k	19k	0.40	291
2028-12-15	41k	19k	0.48	630
2029-01-19	1k	1k	0.74	499

Source: Cboe end-of-session option chains, summarized after each US market close and published from the following trading day — OPRA historical data. Under the OPRA plan options data becomes historical, and freely publishable, at the opening of the next trading session; data from the session in progress is never displayed or served here. Open interest is exchange-reported once a day. Research, not investment advice.