XOM Implied Volatility
XOM $184.45 · Updated Oct 26, 4:00 PM ET
XOM at-the-money implied volatility is 39.0% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 29.6%. 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 | 185 | 39.0% |
| Nov 6, 2026 | 11 | 185 | 34.4% |
| Nov 13, 2026 | 18 | 185 | 31.9% |
| Nov 20, 2026 | 25 | 185 | 30.4% |
| Nov 27, 2026 | 32 | 185 | 29.6% |
| Dec 4, 2026 | 39 | 185 | 29.3% |
| Dec 18, 2026 | 53 | 185 | 29.2% |
| Jan 15, 2027 | 81 | 185 | 28.3% |
| Feb 19, 2027 | 116 | 185 | 28.5% |
| Mar 19, 2027 | 144 | 185 | 29.1% |
| Apr 16, 2027 | 172 | 185 | 28.9% |
SKEW, OCT 30, 2026
| Strike | Call IV | Put IV |
|---|---|---|
| 165 | 0.0% | 50.5% |
| 167.5 | 0.0% | 50.6% |
| 170 | 0.0% | 44.8% |
| 172.5 | 0.0% | 42.6% |
| 175 | 33.6% | 42.4% |
| 177.5 | 34.9% | 41.5% |
| 180 | 37.6% | 40.8% |
| 182.5 | 38.4% | 40.6% |
| 185 | 38.0% | 39.9% |
| 187.5 | 39.0% | 42.3% |
| 190 | 39.1% | 43.5% |
| 192.5 | 39.1% | 49.2% |
| 195 | 39.8% | 53.8% |
| 197.5 | 40.5% | 55.2% |
| 200 | 42.8% | 53.9% |
| 202.5 | 44.0% | 66.0% |
| 205 | 43.9% | 77.0% |
How this is calculated: Implied Volatility methodology