OXY Implied Volatility
OXY $63.98 · Updated Oct 26, 4:00 PM ET
OXY at-the-money implied volatility is 40.2% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 36.6%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
TERM STRUCTURE (ATM IV)
| Expiration | DTE | ATM strike | ATM IV |
|---|---|---|---|
| Oct 30, 2026 | 4 | 64 | 40.2% |
| Nov 6, 2026 | 11 | 64 | 36.8% |
| Nov 13, 2026 | 18 | 64 | 39.3% |
| Nov 20, 2026 | 25 | 64 | 36.5% |
| Nov 27, 2026 | 32 | 64 | 36.6% |
| Dec 4, 2026 | 39 | 64 | 35.2% |
| Dec 18, 2026 | 53 | 65 | 34.8% |
| Jan 15, 2027 | 81 | 65 | 34.1% |
| Feb 19, 2027 | 116 | 65 | 34.4% |
| Mar 19, 2027 | 144 | 65 | 34.8% |
SKEW, OCT 30, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 56 | 57.2% | 88.1% |
| 57 | 85.4% | 57.5% |
| 58 | 73.5% | 50.2% |
| 59 | 36.4% | 45.8% |
| 60 | 42.9% | 44.4% |
| 61 | 56.0% | 41.4% |
| 62 | 40.9% | 41.6% |
| 63 | 42.3% | 41.9% |
| 64 | 39.9% | 40.4% |
| 65 | 39.2% | 43.3% |
| 66 | 38.7% | 38.3% |
| 67 | 37.8% | 61.5% |
| 68 | 38.9% | 64.8% |
| 69 | 41.6% | 0.0% |
| 70 | 41.9% | 59.3% |
| 71 | 44.2% | 63.5% |
| 72 | 132.4% | 62.6% |
How this is calculated: Implied Volatility methodology