ORCL Options History — April 2017

In April 2017, ORCL traded between $44.00 and $44.89. ATM implied volatility averaged 13.8%, placing in the 10.8% IV rank vs the trailing year. The 30-day expected move averaged 3.9%. IV traded below realized volatility by 0.7% (HV 20d: 14.4%). Max pain ranged from $43.00 to $44.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.68.

Notable Days

2017-04-07: Highest Volume — 63,153 contracts
2017-04-20: Largest IV drop — 9.4% change
2017-04-11: Highest IV Rank — 22.0%
2017-04-17: Largest Expected Move — 4.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$44.44	$44.00	$44.89	$44.68	$44.89
Max Pain	$43.84	$43.00	$44.00	$43.00	$44.00
ATM IV	13.8%	12.5%	15.6%	12.8%	12.5%
Expected Move	3.9%	3.3%	4.4%	3.5%	3.5%
HV 20d	14.4%	7.0%	23.7%	23.3%	8.1%
HV 60d	15.6%	15.3%	15.9%	15.9%	15.4%
IV Rank	10.8%	3.2%	22.0%	4.8%	3.2%
IV Percentile	14.3%	2.8%	34.9%	4.0%	2.8%
Term Structure	0.2%	-1.0%	1.8%	0.0%	-0.5%
VWIV	13.9%	11.6%	18.3%	12.1%	12.6%
Skew 25d	2.4%	1.7%	3.3%	2.3%	2.0%
Skew 10d	5.6%	3.8%	8.7%	5.5%	5.0%
Call IV 25d	13.0%	11.8%	14.4%	11.9%	11.8%
Put IV 25d	15.4%	13.8%	17.6%	14.2%	13.8%
Bid-Ask Spread %	13.42	7.23	27.08	10.67	27.08
Gamma HHI	0.25	0.15	0.70	0.18	0.42
Net GEX	65.8M	39.2M	271.5M	42.8M	71.1M
Net DEX	-441.2M	-512.6M	-345.3M	-477.2M	-512.6M
Net VEX	-3.9M	-4.1M	-3.6M	-3.6M	-3.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.68	0.16	1.27	0.34	0.16
Total Volume	26,073.105	11,958	63,153	50,243	42,990
Total OI	567,576.895	508,758	601,757	535,372	531,374

Daily Data (19 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
2017-04-03	$44.68	$43.00	12.8%	3.5%	23.3%	4.8%	12.1%	2.3%	0.0%	42.8M	-477.2M	-3.6M	0.34	10.67	37,608	12,635	311,370	224,002
2017-04-04	$44.57	$43.00	13.1%	3.4%	23.3%	6.8%	12.0%	2.1%	0.1%	45.2M	-478.8M	-4.0M	0.87	10.22	11,381	9,878	337,074	227,955
2017-04-05	$44.55	$43.00	12.9%	3.3%	23.4%	5.5%	11.6%	2.1%	0.6%	48.0M	-480.9M	-3.9M	0.81	21.42	12,579	10,169	339,529	229,140
2017-04-06	$44.27	$44.00	12.7%	3.9%	23.4%	4.1%	18.3%	2.4%	0.2%	45.3M	-402.8M	-3.9M	0.61	8.71	15,062	9,122	340,752	230,160
2017-04-07	$44.32	$44.00	13.7%	4.1%	23.4%	10.4%	13.4%	1.7%	-0.1%	48.6M	-440.5M	-3.9M	0.19	12.33	52,982	10,171	348,486	232,117
2017-04-10	$44.00	$44.00	14.5%	4.2%	23.6%	15.3%	16.2%	2.4%	0.4%	54.7M	-376.1M	-4.0M	0.45	7.23	14,356	6,475	359,433	233,026
2017-04-11	$44.18	$44.00	15.6%	4.4%	23.7%	22.0%	14.8%	3.1%	-0.4%	61.6M	-408.7M	-4.1M	0.31	9.67	25,746	7,858	359,753	233,468
2017-04-12	$44.10	$44.00	15.2%	4.4%	23.6%	19.3%	14.8%	2.9%	0.1%	59.6M	-388.7M	-4.0M	0.55	10.37	12,016	6,558	363,820	235,604
2017-04-13	$44.15	$44.00	15.2%	4.3%	7.0%	19.2%	14.7%	3.0%	-0.1%	62.5M	-381.4M	-4.0M	0.61	10.17	14,038	8,586	365,724	236,033
2017-04-17	$44.04	$44.00	15.6%	4.4%	7.0%	21.6%	15.2%	3.3%	0.0%	50.2M	-345.3M	-3.9M	1.10	14.51	6,147	6,787	350,117	234,277
2017-04-18	$44.51	$44.00	14.4%	4.1%	7.7%	14.6%	14.0%	2.8%	0.9%	67.7M	-485.0M	-3.9M	1.05	8.45	9,129	9,571	352,171	235,369
2017-04-19	$44.13	$44.00	14.6%	4.2%	7.3%	16.0%	14.2%	2.6%	0.8%	60.8M	-362.8M	-3.8M	1.14	15.91	11,426	13,014	354,009	240,144
2017-04-20	$44.57	$44.00	13.3%	3.7%	8.2%	7.7%	16.0%	2.8%	1.5%	99.3M	-499.8M	-3.8M	0.50	11.83	15,224	7,668	354,610	244,905
2017-04-21	$44.52	$44.00	13.7%	3.8%	8.0%	10.3%	14.2%	3.1%	1.8%	271.5M	-462.7M	-3.9M	0.87	11.32	15,209	13,159	349,212	247,964
2017-04-24	$44.85	$44.00	12.7%	3.4%	8.2%	4.1%	12.4%	1.8%	-0.1%	41.0M	-488.3M	-3.8M	0.62	11.60	14,006	8,663	297,384	211,374
2017-04-25	$44.65	$44.00	13.0%	3.5%	8.2%	6.2%	12.2%	2.2%	-1.0%	39.2M	-455.4M	-3.8M	1.27	18.16	7,800	9,937	303,971	214,172
2017-04-26	$44.70	$44.00	13.2%	3.6%	8.2%	7.3%	13.0%	2.1%	-0.2%	40.3M	-470.1M	-3.8M	0.59	13.18	9,749	5,732	307,109	219,075
2017-04-27	$44.75	$44.00	13.1%	3.7%	8.1%	6.5%	12.6%	1.9%	-0.8%	40.2M	-465.8M	-3.8M	0.83	22.23	6,520	5,438	309,102	220,176
2017-04-28	$44.89	$44.00	12.5%	3.5%	8.1%	3.2%	12.6%	2.0%	-0.5%	71.1M	-512.6M	-3.8M	0.16	27.08	36,986	6,004	310,785	220,589