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XOM Implied Volatility, IV Rank & Options Chain

Exxon Mobil Corporation (XOM) options data: IV rank, options chain, GEX and Greeks. Comprehensive options market data for Exxon Mobil Corporation (XOM).

Updated Reference data

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Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

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On this page
  1. Key facts
  2. Company overview
  3. Options market
  4. Volatility profile
  5. GEX analysis
  6. Common strategies
  7. FAQ

XOM options trade with implied volatility typically in the 22% - 55% range, averaging 50K+ contracts in daily volume with good liquidity. Next earnings: Check earnings calendar. Weekly options and LEAPS are available.

XOM implied volatility

As of 2026-10-26

As of 2026-10-26, XOM's 30-day implied volatility is 30.1%, placing its 1-year IV percentile at 42.0 — above 42.0% of the past year's daily IV readings, a middle range, neutral between selling and buying premium.

30.1%30-day IV
42.01-year IV rank

XOM live chain, Greeks and GEX

Terminal

Every figure above is reference data. The live XOM chain, its Greeks, the gamma profile and the flow tape update through the session inside the Terminal.

Start a trial on XOM 7 days free, card required. Or try the Terminal on AAPL with a free account, no card.

XOM options at a glance

Daily volume
50K+ contracts
IV range
22% - 55%
Bid-ask spread
Varies by strike
Expirations
Weekly, monthly, LEAPS
Open interest
600K+ contracts
Next earnings
Check earnings calendar
50K+ contractsAvg Volume
600K+ contractsOpen Interest
22% - 55%IV Range
GoodLiquidity
YesWeeklies
YesLEAPS

About Exxon Mobil Corporation (XOM)

Exxon Mobil Corporation trades on NYSE. Options on XOM are actively traded by retail and institutional investors.

Company profile

Sector
Energy
Industry
Oil & Gas
Market cap
Large Cap
Exchange
NYSE

Key dates

Next earnings
Check earnings calendar
Earnings frequency
Quarterly
Dividend schedule
Varies
Fiscal year end
December

XOM is an actively traded options name in the Oil & Gas space.

ApexVol Terminal

Options analytics, live.

Chains, IV rank, expected move and dealer positioning for 5,500+ US stocks and ETFs.

  • Live chains and Greeks
  • IV rank and percentile
  • Expected move and GEX
  • Screener and strategy P&L
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XOM options market overview

XOM options offer good liquidity for traders seeking exposure to Oil & Gas.

Average daily volume
50K+ contracts
Total open interest
600K+ contracts
Put/call ratio
0.6 - 1.0 typical
Typical ATM spread
Varies by strike
Weekly options
Available
LEAPS available
Yes

Liquidity assessment: Good

XOM options provide good liquidity for most trading strategies.

XOM implied volatility and IV rank

XOM implied volatility reflects market expectations for Exxon Mobil Corporation price movement.

22% - 30%Low IV, below average
30% - 42%Typical, normal conditions
42% - 55%Elevated, above average

Earnings impact

IV typically increases before earnings and contracts afterward (IV crush).

The move options are pricing for the next report, and how the last 12 went: XOM earnings expected move.

The post-earnings volatility drop is known as IV crush. Holders of short XOM options should also understand early assignment risk around dividends and expiration.

Historical volatility vs IV

Compare IV to historical volatility to assess option pricing relative to realized moves.

Term structure

Term structure varies with market conditions and upcoming events.

The smile, the term structure and the cone for XOM, on today's chain.

Open XOM in IV Intelligence

XOM gamma exposure (GEX)

Gamma Exposure (GEX) analysis for XOM shows how dealer hedging may impact price behavior.

  • Typical GEX profile. GEX profile varies based on market conditions and option positioning.
  • Key levels. Major put and call walls at round number strikes may act as support/resistance.
  • Dealer hedging. Dealer hedging activity can influence price behavior at key gamma levels.

Where the gamma sits on XOM right now, strike by strike.

See live XOM GEX

Common XOM options strategies

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

Key considerations for XOM options

  • XOM options liquidity: Good - affects execution quality
  • IV range: 22% - 55% - important for premium selling strategies
  • Earnings events can significantly impact IV and option prices
  • Consider position sizing based on underlying volatility
  • Weekly options available for short-term strategies
  • LEAPS available for longer-term positioning

XOM key events

Earnings months. Q1, Q2, Q3, Q4

  • Industry conferences
  • Product announcements
  • Regulatory updates

XOM options data by API, or in Claude

Every number on this page is one request away. The implied volatility API returns XOM's IV rank and percentile, the gamma exposure API its dealer positioning by strike, and the chain API every strike with Greeks. Connected to the ApexVol MCP server, Claude, Cursor or ChatGPT can ask for them in plain English.

GET /api/mcp/data/iv-rank/XOMBearer token, JSON back
curl -H "Authorization: Bearer avmcp_YOUR_TOKEN" \
     "https://apexvol.com/api/mcp/data/iv-rank/XOM"
In Claudethrough the MCP server
You

What is XOM's IV rank right now, and where is its gamma flip?

Claude calls get_iv_rank and get_gex

Try GEX on XOM in the console, more prompts for XOM, or set the server up in Claude Desktop, Claude Code, Cursor or ChatGPT.

Written by
ApexVol Research Team
Quantitative options research. All calculations use live institutional-grade data — the same source professional volatility desks use.
Reviewed by
Ryan Silk, ApexVol Founder
Reviewed for technical accuracy. 10+ years trading options; built ApexVol's pricing engine, Greeks model and IV-rank methodology.

Revised as market conditions and institutional data change. Last revised 2026-10-26. How we research →

Track this name's volatility weekly. The week's biggest IV movers and the expected earnings moves, straight from the data.

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Questions

Frequently asked
about XOM options.

What are XOM options?

XOM options are derivative contracts that give you the right to buy (call) or sell (put) Exxon Mobil Corporation shares at a specific price before expiration.

How do I analyze XOM implied volatility?

XOM IV typically ranges from 22% - 30% during quiet periods to 42% - 55% around earnings and major events. Compare current IV to historical ranges to assess relative value.

What is the typical bid-ask spread for XOM options?

XOM options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.

When does XOM report earnings?

Exxon Mobil Corporation typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.

What strategies work best for XOM options?

Popular XOM strategies include covered calls, straddles, and vertical spreads. Strategy selection depends on market outlook and risk tolerance.

What is the best time to trade XOM options?

The most liquid trading hours for XOM options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.

How do I calculate XOM option Greeks?

Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for XOM options across all strikes and expirations.

What happens to XOM options at expiration?

In-the-money XOM options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.

What is XOM's gamma exposure (GEX)?

Gamma exposure (GEX) measures how options dealers' hedging of their net gamma position can influence XOM's intraday price action. GEX profile varies based on market conditions and option positioning. Dealer hedging activity can influence price behavior at key gamma levels. Positive GEX tends to dampen volatility and create mean-reverting moves, while negative GEX can amplify swings. View live XOM GEX levels and the gamma-flip point on ApexVol.

What is XOM's IV rank?

XOM's IV rank shows where XOM's current implied volatility sits within its trailing 1-year range, scored 0–100. A reading near 100 means IV is near its yearly high — options are relatively expensive, which favors premium-selling strategies like credit spreads and iron condors. A reading near 0 means IV is near its yearly low, favoring premium-buying. XOM implied volatility typically ranges from 22% - 55%. Check XOM's live IV rank and percentile on ApexVol's IV analytics.

Reference data reads well.
Live data trades better.

Everything on this page is the shape of XOM options. The Terminal shows you today's chain, its Greeks, the gamma profile and the flow tape as they move. Try the Terminal on AAPL without an account.

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