XOP Oil & Gas Exploration ETF
XOP IV Rank — are Oil & Gas Exploration ETF's options cheap or expensive right now?
IV Rank
34
Elevated — lean toward selling
0 · cheap50100 · expensive
Current IV
39%
IV Percentile
25%
52-wk IV high
64%
52-wk IV low
26%
Where current IV sits in its 52-week range
26%64%
Oil & Gas Exploration ETF's options are currently moderately priced. With an IV Rank of 34, implied volatility sits in the middle of its 1-year range and richer than roughly 25% 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
Cash-secured put / covered call
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for XOP →
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Frequently asked
What does an IV Rank of 34 mean for XOP?
It means Oil & Gas Exploration ETF's implied volatility is currently in the middle of its past-year range, so its options are moderately priced.
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.