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ClearStrike

OIL options IV analysis

End-of-day data as of 2026-10-09

Tomorrow: where OIL can go (next trading day)

For the next trading day, options point to about 1.5% either way: OIL between 436.7 and 450.3 (from 443.5).

2026-07-16 O 435.0 H 437.7 L 428.8 C 429.52026-07-17 O 431.0 H 436.8 L 427.3 C 435.42026-07-20 O 438.3 H 456.7 L 437.2 C 453.62026-07-21 O 451.5 H 453.8 L 443.9 C 445.22026-07-22 O 450.0 H 453.1 L 446.1 C 451.22026-07-23 O 453.0 H 461.0 L 450.9 C 458.82026-07-24 O 460.5 H 465.0 L 449.0 C 449.82026-07-27 O 445.0 H 446.1 L 438.1 C 442.02026-07-28 O 438.1 H 458.0 L 435.4 C 444.62026-07-29 O 448.9 H 449.9 L 440.3 C 447.92026-07-30 O 448.0 H 459.3 L 447.1 C 456.92026-07-31 O 455.0 H 459.4 L 451.2 C 458.62026-08-03 O 454.0 H 457.7 L 450.0 C 452.02026-08-04 O 454.0 H 454.0 L 447.1 C 450.02026-08-05 O 446.0 H 447.5 L 435.5 C 444.02026-08-06 O 444.0 H 447.0 L 440.7 C 444.02026-08-07 O 445.3 H 451.9 L 437.1 C 442.82026-08-10 O 450.0 H 462.5 L 448.5 C 453.02026-08-11 O 464.3 H 484.0 L 460.5 C 470.42026-08-12 O 471.9 H 475.6 L 466.7 C 472.02026-08-13 O 473.0 H 480.3 L 469.2 C 479.82026-08-14 O 478.0 H 478.0 L 465.8 C 468.52026-08-17 O 471.4 H 479.5 L 469.0 C 474.72026-08-18 O 480.0 H 487.2 L 478.7 C 480.52026-08-19 O 485.8 H 485.8 L 472.9 C 474.92026-08-20 O 475.4 H 481.5 L 465.0 C 480.92026-08-21 O 480.9 H 482.0 L 475.0 C 475.02026-08-24 O 475.0 H 479.3 L 472.0 C 477.02026-08-25 O 479.0 H 479.0 L 466.1 C 467.52026-08-26 O 464.6 H 471.6 L 458.7 C 469.22026-08-27 O 469.2 H 473.0 L 465.1 C 469.92026-08-28 O 473.5 H 484.7 L 471.8 C 482.92026-08-31 O 486.6 H 500.0 L 479.3 C 483.22026-09-01 O 485.0 H 493.0 L 484.2 C 490.02026-09-02 O 495.0 H 499.5 L 484.2 C 498.22026-09-03 O 498.2 H 499.7 L 487.4 C 490.02026-09-04 O 492.0 H 492.6 L 486.5 C 488.32026-09-07 O 490.8 H 492.8 L 481.5 C 487.02026-09-08 O 486.4 H 501.3 L 482.8 C 495.42026-09-09 O 498.0 H 504.9 L 496.0 C 499.02026-09-10 O 503.9 H 514.5 L 497.8 C 500.32026-09-11 O 508.0 H 512.0 L 485.4 C 489.82026-09-15 O 494.4 H 494.4 L 483.0 C 485.62026-09-16 O 485.5 H 489.5 L 481.4 C 487.62026-09-17 O 485.0 H 491.0 L 474.3 C 477.42026-09-18 O 479.0 H 482.8 L 472.0 C 475.72026-09-21 O 475.7 H 482.3 L 475.0 C 478.42026-09-22 O 476.6 H 479.2 L 463.3 C 467.02026-09-23 O 467.0 H 471.5 L 466.6 C 470.02026-09-24 O 470.6 H 479.0 L 469.2 C 479.02026-09-25 O 476.0 H 476.7 L 470.7 C 475.22026-09-28 O 476.0 H 476.5 L 463.4 C 468.02026-09-29 O 466.5 H 467.8 L 459.4 C 459.52026-09-30 O 458.0 H 462.3 L 446.3 C 448.72026-10-01 O 446.0 H 447.8 L 434.7 C 444.02026-10-05 O 444.0 H 450.7 L 441.1 C 446.52026-10-06 O 445.9 H 450.0 L 442.2 C 447.92026-10-07 O 449.5 H 455.0 L 446.2 C 453.82026-10-08 O 452.0 H 454.3 L 443.6 C 447.02026-10-09 O 444.0 H 448.2 L 441.5 C 443.5Upper end 450.3Lower end 436.7Now 443.516 Jul9 Oct
Lower end 436.7Now 443.5Upper end 450.3

Where OIL can go in the next 3 days

Options imply about 2.7% either way over 3 days (about 1.5% in a day). That puts OIL between 431.7 and 455.3 in 3 days (now 443.5).

2026-07-16 O 435.0 H 437.7 L 428.8 C 429.52026-07-17 O 431.0 H 436.8 L 427.3 C 435.42026-07-20 O 438.3 H 456.7 L 437.2 C 453.62026-07-21 O 451.5 H 453.8 L 443.9 C 445.22026-07-22 O 450.0 H 453.1 L 446.1 C 451.22026-07-23 O 453.0 H 461.0 L 450.9 C 458.82026-07-24 O 460.5 H 465.0 L 449.0 C 449.82026-07-27 O 445.0 H 446.1 L 438.1 C 442.02026-07-28 O 438.1 H 458.0 L 435.4 C 444.62026-07-29 O 448.9 H 449.9 L 440.3 C 447.92026-07-30 O 448.0 H 459.3 L 447.1 C 456.92026-07-31 O 455.0 H 459.4 L 451.2 C 458.62026-08-03 O 454.0 H 457.7 L 450.0 C 452.02026-08-04 O 454.0 H 454.0 L 447.1 C 450.02026-08-05 O 446.0 H 447.5 L 435.5 C 444.02026-08-06 O 444.0 H 447.0 L 440.7 C 444.02026-08-07 O 445.3 H 451.9 L 437.1 C 442.82026-08-10 O 450.0 H 462.5 L 448.5 C 453.02026-08-11 O 464.3 H 484.0 L 460.5 C 470.42026-08-12 O 471.9 H 475.6 L 466.7 C 472.02026-08-13 O 473.0 H 480.3 L 469.2 C 479.82026-08-14 O 478.0 H 478.0 L 465.8 C 468.52026-08-17 O 471.4 H 479.5 L 469.0 C 474.72026-08-18 O 480.0 H 487.2 L 478.7 C 480.52026-08-19 O 485.8 H 485.8 L 472.9 C 474.92026-08-20 O 475.4 H 481.5 L 465.0 C 480.92026-08-21 O 480.9 H 482.0 L 475.0 C 475.02026-08-24 O 475.0 H 479.3 L 472.0 C 477.02026-08-25 O 479.0 H 479.0 L 466.1 C 467.52026-08-26 O 464.6 H 471.6 L 458.7 C 469.22026-08-27 O 469.2 H 473.0 L 465.1 C 469.92026-08-28 O 473.5 H 484.7 L 471.8 C 482.92026-08-31 O 486.6 H 500.0 L 479.3 C 483.22026-09-01 O 485.0 H 493.0 L 484.2 C 490.02026-09-02 O 495.0 H 499.5 L 484.2 C 498.22026-09-03 O 498.2 H 499.7 L 487.4 C 490.02026-09-04 O 492.0 H 492.6 L 486.5 C 488.32026-09-07 O 490.8 H 492.8 L 481.5 C 487.02026-09-08 O 486.4 H 501.3 L 482.8 C 495.42026-09-09 O 498.0 H 504.9 L 496.0 C 499.02026-09-10 O 503.9 H 514.5 L 497.8 C 500.32026-09-11 O 508.0 H 512.0 L 485.4 C 489.82026-09-15 O 494.4 H 494.4 L 483.0 C 485.62026-09-16 O 485.5 H 489.5 L 481.4 C 487.62026-09-17 O 485.0 H 491.0 L 474.3 C 477.42026-09-18 O 479.0 H 482.8 L 472.0 C 475.72026-09-21 O 475.7 H 482.3 L 475.0 C 478.42026-09-22 O 476.6 H 479.2 L 463.3 C 467.02026-09-23 O 467.0 H 471.5 L 466.6 C 470.02026-09-24 O 470.6 H 479.0 L 469.2 C 479.02026-09-25 O 476.0 H 476.7 L 470.7 C 475.22026-09-28 O 476.0 H 476.5 L 463.4 C 468.02026-09-29 O 466.5 H 467.8 L 459.4 C 459.52026-09-30 O 458.0 H 462.3 L 446.3 C 448.72026-10-01 O 446.0 H 447.8 L 434.7 C 444.02026-10-05 O 444.0 H 450.7 L 441.1 C 446.52026-10-06 O 445.9 H 450.0 L 442.2 C 447.92026-10-07 O 449.5 H 455.0 L 446.2 C 453.82026-10-08 O 452.0 H 454.3 L 443.6 C 447.02026-10-09 O 444.0 H 448.2 L 441.5 C 443.5Upper end 455.3Lower end 431.7Now 443.516 Jul9 Oct
Lower end 431.7Now 443.5Upper end 455.3

If the market's estimate is right, price ends inside this zone roughly 2 out of 3 times and outside about 1 in 3.

OIL (Upstream/Gas): ATM IV is 24.3%, higher than 9% of days over the last year in the same expiry-cycle phase. Options imply about ±1.53% in a day and ±2.65% over three days. This describes what options price in, not where the stock will go.

All the numbers (for experienced traders)
ATM IV
24.3%
IV percentile
9%
Expected move 1d
±1.53%
Expected move 3d
±2.65%
IV / realised
0.99
Gamma flip
-1.4%
from spot
Max pain
+1.5%
from spot
Lot size
1400
Confirm lot size with your broker.
Event
None announced

ATM IV, last 60 days

32.7%21.4%2026-07-162026-10-09

Free view shows the last 60 days. The full history comes with the free 5-day trial.

IV moves with the expiry cycle, so compare like with like.

Same sector: Upstream/Gas

Sector peers by IV percentile

What we did NOT find: any reliable way to predict direction. This page is descriptive data, not a call.