XOP Oil & Gas Exploration ETF
XOP IV Rank — are Oil & Gas Exploration ETF's options cheap or expensive right now?
IV Rank
53
Expensive — favor selling premium
0 · cheap50100 · expensive
Current IV
36%
IV Percentile
60%
52-wk IV high
49%
52-wk IV low
21%
Where current IV sits in its 52-week range
21%49%
Oil & Gas Exploration ETF's options are currently expensive. With an IV Rank of 53, implied volatility sits near the top of its 1-year range and richer than roughly 60% of the past year. Historically at this level, premium-selling strategies tend to be favored, since elevated IV tends to revert toward its mean.
Suggested play
Short strangle / iron condor
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for XOP →
Other etf names
Frequently asked
What does an IV Rank of 53 mean for XOP?
It means Oil & Gas Exploration ETF's implied volatility is currently near the high end of its past-year range, so its options are relatively expensive.
Should I buy or sell XOP options at this IV Rank?
Higher IV Rank generally favors selling premium (spreads, strangles, condors), since elevated volatility tends to revert toward its mean.
IV Rank data is 15-minute delayed. Educational information, not investment advice.