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XOM Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete XOM options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around XOM.

Latest Data: 2026-08-07 (EDT)
Max Pain Price
170
Exp: 2026-08-07
Gamma Flip
146.81
Gamma Flip (≈60 days)
Put/Call OI Ratio
0.561
Shows put vs call positioning
IV Skew
0.38
Put–call IV difference
Max Pain Price Volatility
σ = 19.94
high volatility
Confidence 35%

Near-Term Options-Derived Market Structure

BEARISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

A slight bearish tilt is visible, though the signal is weak and insufficient for a strong directional call. Options Chian

On the put side, the bearish positioning looks mainly like hedging. This reflects caution and short-term protection rather than a true bearish call. Confidence: 100%

Current DPI is 0.715(neutral). ⏳ Neutral accumulation, DPI neutral, but makers are actively building positions.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are elevated, implying wider and less stable price swings. Options constraints exert a moderate influence on price behavior. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-09-18 options expiry. 100% confidence

The support levels for XOM are at 151.76, 150.22, and 146.01, while the resistance levels are at 154.32, 155.86, and 160.07. The pivot point, a key reference price for traders, is at 170.00.

Short-Term Options-Implied Price Range & Flow Structure (0DTE · Intraday Reference)

Expiry 2026-08-07 (DTE 0): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.50), pin strength 0.80.


Based on same-day expiring options (0DTE), the ATM straddle implies an 0.58% standardized 1-day equivalent move, serving as an intraday volatility reference.


The implied intraday range is approximately 148.62 159.75 , corresponding to +4.39% / -2.89% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.


Bullish flow suggests upside interest toward 165.12 (7.90% above spot).

Bearish positioning points to downside pressure toward 145.24 (5.10% below spot).


Options flow strength: 0.57 (0–1 scale). ATM Strike: 152.50, Call: 0.84, Put: 0.05, Straddle Cost: 0.90.


Price moves are likely to stay range-bound. The short-term gamma flip is near 147.52 , with intermediate positioning around 146.81 . The mid-term gamma flip remains near 146.47.