ORCL Options History — October 2013

In October 2013, ORCL traded between $32.19 and $33.71. ATM implied volatility averaged 18.6%, placing in the 16.5% IV rank vs the trailing year. The 30-day expected move averaged 5.3%. IV traded above realized volatility by 2.2% (HV 20d: 16.4%). Max pain ranged from $32.50 to $33.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 14 of 23 days. Put/call ratio averaged 0.83.

Notable Days

2013-10-03: Highest Volume — 39,687 contracts
2013-10-10: Largest IV drop — 16.3% change
2013-10-09: Highest IV Rank — 39.2%
2013-10-09: Largest Expected Move — 7.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$33.08	$32.19	$33.71	$33.50	$33.50
Max Pain	$32.93	$32.50	$33.50	$33.00	$33.50
ATM IV	18.6%	15.4%	24.6%	18.8%	15.9%
Expected Move	5.3%	4.4%	7.0%	5.4%	4.5%
HV 20d	16.4%	14.9%	18.3%	15.0%	15.8%
HV 60d	15.8%	14.8%	16.2%	16.0%	16.1%
IV Rank	16.5%	4.2%	39.2%	17.2%	5.8%
IV Percentile	31.3%	3.6%	84.9%	33.3%	4.0%
Term Structure	1.5%	-1.4%	5.0%	0.3%	0.5%
VWIV	18.8%	14.6%	24.2%	19.4%	14.6%
Skew 25d	3.3%	2.4%	4.3%	2.9%	2.8%
Skew 10d	7.3%	4.6%	9.0%	7.7%	4.6%
Call IV 25d	17.3%	14.3%	22.5%	17.8%	14.6%
Put IV 25d	20.6%	16.7%	26.7%	20.7%	17.4%
Bid-Ask Spread %	14.80	3.86	22.31	19.38	14.24
Gamma HHI	0.12	0.09	0.18	0.15	0.13
Net GEX	14.2M	3.6M	22.3M	18.9M	20.2M
Net DEX	-134.7M	-263.7M	38.5M	-227.6M	-232.1M
Net VEX	-3.1M	-3.3M	-2.9M	-3.3M	-2.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.83	0.32	1.55	0.63	0.71
Total Volume	22,118.348	13,995	39,687	16,598	27,807
Total OI	744,715.043	700,833	788,263	728,424	753,713

Daily Data (23 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2013-10-01	$33.50	$33.00	18.8%	5.4%	15.0%	17.2%	19.4%	2.9%	0.3%	18.9M	-227.6M	-3.3M	0.63	19.38	10,167	6,431	400,510	327,914
2013-10-02	$33.68	$33.00	19.2%	5.5%	14.9%	18.6%	19.4%	3.1%	-0.7%	22.3M	-263.7M	-3.3M	1.44	18.74	7,603	10,963	403,733	328,071
2013-10-03	$33.24	$33.00	20.4%	5.8%	15.8%	23.1%	20.4%	3.0%	-0.4%	15.3M	-179.0M	-3.3M	1.02	15.42	19,643	20,044	405,314	332,681
2013-10-04	$33.21	$33.00	20.2%	5.8%	15.7%	22.4%	20.2%	3.7%	-0.1%	15.3M	-142.3M	-3.3M	0.98	11.30	7,410	7,268	404,042	343,450
2013-10-07	$32.84	$33.00	21.8%	6.3%	15.3%	28.7%	22.4%	3.9%	-0.5%	11.0M	-84.0M	-3.2M	0.87	12.23	8,874	7,752	402,294	338,178
2013-10-08	$32.37	$33.00	23.8%	6.8%	16.0%	36.4%	24.0%	4.2%	-0.4%	6.6M	-4.2M	-3.2M	1.55	17.69	10,397	16,094	406,443	341,825
2013-10-09	$32.19	$33.00	24.6%	7.0%	16.0%	39.2%	24.2%	4.3%	-1.4%	3.6M	38.5M	-3.2M	0.76	13.51	14,133	10,678	407,658	347,817
2013-10-10	$32.99	$0.00	20.5%	5.9%	18.3%	23.8%	21.3%	3.8%	-0.5%	13.8M	-120.0M	-3.2M	0.76	3.86	14,636	11,151	412,280	349,584
2013-10-11	$33.26	$32.50	19.1%	5.4%	18.0%	18.3%	19.9%	3.7%	0.4%	17.9M	-177.4M	-3.2M	0.41	17.14	14,542	5,982	418,798	354,552
2013-10-14	$33.28	$33.00	19.9%	5.7%	17.2%	21.3%	19.1%	3.6%	3.3%	19.1M	-177.7M	-3.2M	1.16	10.56	7,388	8,566	415,376	350,279
2013-10-15	$32.75	$33.00	20.4%	5.7%	17.9%	23.2%	20.5%	4.2%	3.4%	9.4M	-67.6M	-3.1M	0.86	22.31	12,803	11,001	417,166	355,120
2013-10-16	$33.02	$33.00	18.4%	5.3%	16.8%	15.5%	19.1%	3.6%	4.4%	15.6M	-136.9M	-3.2M	1.41	10.37	5,808	8,187	425,246	355,582
2013-10-17	$32.87	$33.00	16.9%	4.8%	16.8%	9.8%	17.7%	3.9%	0.9%	11.0M	-79.2M	-3.0M	1.40	11.25	12,168	17,001	419,354	356,051
2013-10-18	$32.90	$33.00	16.7%	4.7%	16.7%	9.1%	16.7%	3.5%	0.8%	19.0M	-74.5M	-3.1M	0.32	12.07	13,100	4,247	423,446	364,817
2013-10-21	$32.95	$33.00	17.3%	5.0%	16.7%	11.5%	17.1%	3.1%	3.9%	10.5M	-100.8M	-3.0M	0.54	16.34	14,992	8,130	373,498	327,335
2013-10-22	$32.90	$32.50	16.9%	4.9%	16.5%	9.8%	18.2%	2.9%	4.2%	10.8M	-90.9M	-3.0M	0.44	12.80	14,877	6,587	379,454	331,626
2013-10-23	$32.70	$33.00	17.4%	5.0%	16.3%	11.8%	17.3%	2.7%	3.5%	8.1M	-57.2M	-2.9M	0.88	16.02	8,297	7,316	381,362	334,621
2013-10-24	$33.07	$32.50	16.3%	4.7%	16.9%	7.6%	15.5%	3.0%	-0.4%	12.5M	-127.8M	-3.0M	0.67	15.56	9,278	6,174	383,203	337,661
2013-10-25	$33.15	$32.50	16.4%	4.7%	17.0%	7.8%	17.0%	2.6%	-0.3%	14.1M	-156.8M	-2.9M	0.46	16.20	21,710	9,954	387,621	337,516
2013-10-28	$33.14	$33.00	16.3%	4.6%	15.7%	7.4%	16.3%	2.5%	5.0%	13.0M	-145.7M	-2.9M	0.57	14.23	9,371	5,386	385,569	338,565
2013-10-29	$33.71	$33.00	15.4%	4.4%	16.5%	4.2%	15.0%	2.4%	4.7%	19.3M	-256.5M	-3.0M	0.57	17.06	14,870	8,450	387,642	341,223
2013-10-30	$33.53	$33.00	15.9%	4.6%	16.5%	5.9%	16.0%	2.5%	4.6%	19.2M	-234.5M	-2.9M	0.61	22.10	19,570	11,916	395,641	344,615
2013-10-31	$33.50	$33.50	15.9%	4.5%	15.8%	5.8%	14.6%	2.8%	0.5%	20.2M	-232.1M	-2.9M	0.71	14.24	16,228	11,579	404,857	348,856