ApexVol
Energy Energy Live Data Updated 2026-03-01

PSX Options

Phillips 66 Options Chain, Implied Volatility & Greeks

Comprehensive options market data for Phillips 66 (PSX). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.

PSX Options at a Glance

Daily Volume: N/A
Bid-Ask Spread: N/A
Open Interest: N/A
IV Range: 22% - 48%
Expirations: Weekly, Monthly, LEAPS
Next Earnings: See earnings calendar
Liquidity
Very Good
IV Range
22% - 48%
Weeklies
Yes

1 About Phillips 66 (PSX)

Phillips 66 (PSX) is a oil refining company listed on NYSE.

Company Profile

Sector Energy
Industry Oil Refining
Market Cap See live data
Exchange NYSE

Key Dates

Next Earnings See earnings calendar
Earnings Frequency Quarterly
Dividend Schedule See company page
Fiscal Year End December

Phillips 66 is a Oil Refining) company in the Energy sector.

2 PSX Options Market Overview

PSX options provide trading opportunities for options traders.

Average Daily Volume N/A
Total Open Interest N/A
Put/Call Ratio N/A
Typical ATM Spread N/A
Weekly Options Available
LEAPS Available Yes

Liquidity Assessment: Very Good

PSX options provide trading opportunities across multiple expirations.

3 PSX Volatility Profile

PSX implied volatility patterns reflect the oil refining sector dynamics.

Low IV Environment
22% - 28%
Below average volatility
Typical IV Range
28% - 41%
Normal conditions
Elevated IV
41% - 48%
Above average volatility

Earnings Impact

IV typically expands before earnings and contracts after the announcement.

Historical Volatility vs IV

PSX IV generally trades near historical volatility, with premiums expanding around earnings.

Term Structure

Typically upward sloping under normal conditions.

View PSX Volatility Lab

PSX Gamma Exposure (GEX)

Gamma Exposure analysis for PSX reveals dealer hedging dynamics at key strike levels.

Typical GEX Profile: PSX tends to operate in a positive gamma environment during normal conditions.

Key Levels:

Dealer Hedging:

View Live PSX GEX

4 Common PSX Options Strategies

These are strategies commonly used by traders on PSX options, based on typical market characteristics. This is not investment advice.

Popular for PSX shareholders seeking additional income.

Vertical Spreads Directional

Defined-risk directional exposure on PSX.

Range-bound strategy for PSX between events.

Key Considerations for PSX Options

  • Monitor PSX earnings dates for IV expansion/contraction patterns
  • Consider the stock's beta when sizing options positions
  • PSX options liquidity varies by expiration - prefer near-term and monthly expirations

Frequently Asked Questions: PSX Options

What is PSX's typical implied volatility?

PSX implied volatility typically ranges from 22% - 48%. IV patterns are influenced by earnings, sector events, and market conditions.

Does PSX have weekly options?

Yes, PSX offers weekly options expirations.

PSX Key Events

Earnings Months
January April July October

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