ORCL Options History — October 2017

In October 2017, ORCL traded between $48.20 and $50.90. ATM implied volatility averaged 14.2%, placing in the 15.6% IV rank vs the trailing year. The 30-day expected move averaged 4.1%. IV traded below realized volatility by 3.3% (HV 20d: 17.5%). Max pain ranged from $48.00 to $50.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.62.

Notable Days

2017-10-20: Highest Volume — 56,255 contracts
2017-10-05: Largest IV drop — 8.3% change
2017-10-02: Highest IV Rank — 33.5%
2017-10-02: Largest Expected Move — 4.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$49.23	$48.20	$50.90	$48.76	$50.90
Max Pain	$49.18	$48.00	$50.00	$49.00	$50.00
ATM IV	14.2%	12.4%	16.8%	16.8%	14.3%
Expected Move	4.1%	3.6%	4.9%	4.9%	4.2%
HV 20d	17.5%	7.4%	31.0%	31.0%	10.2%
HV 60d	20.0%	19.8%	20.2%	20.2%	20.0%
IV Rank	15.6%	3.2%	33.5%	33.5%	16.2%
IV Percentile	25.8%	3.2%	57.5%	57.5%	29.4%
Term Structure	-0.1%	-0.4%	0.2%	-0.3%	0.2%
VWIV	14.7%	12.3%	17.7%	17.5%	15.7%
Skew 25d	1.1%	0.3%	1.7%	1.3%	1.1%
Skew 10d	2.5%	0.9%	4.2%	2.1%	2.4%
Call IV 25d	14.1%	12.4%	16.6%	16.6%	14.2%
Put IV 25d	15.2%	13.1%	17.9%	17.9%	15.3%
Bid-Ask Spread %	3.95	2.09	8.49	5.28	8.49
Gamma HHI	0.19	0.12	0.26	0.16	0.18
Net GEX	40.8M	22.9M	65.2M	47.6M	37.8M
Net DEX	-459.2M	-807.8M	-212.0M	-397.9M	-747.5M
Net VEX	-4.0M	-4.3M	-3.8M	-4.3M	-4.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.62	0.30	1.42	0.35	0.69
Total Volume	36,191.682	23,686	56,255	52,360	31,903
Total OI	738,595.818	620,674	823,012	778,054	651,641

Daily Data (22 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
2017-10-02	$48.76	$49.00	16.8%	4.9%	31.0%	33.5%	17.5%	1.3%	-0.3%	47.6M	-397.9M	-4.3M	0.35	5.28	38,675	13,685	483,607	294,447
2017-10-03	$48.69	$49.00	16.4%	4.6%	30.9%	30.4%	16.3%	1.1%	0.2%	46.9M	-365.7M	-4.2M	0.47	4.19	22,240	10,376	488,162	297,894
2017-10-04	$48.86	$49.00	16.4%	4.8%	31.0%	30.8%	17.7%	0.9%	-0.0%	50.6M	-421.9M	-4.3M	0.32	7.90	32,300	10,241	494,214	300,511
2017-10-05	$48.90	$48.00	15.1%	4.3%	30.5%	21.5%	15.4%	0.9%	0.0%	65.2M	-429.8M	-4.2M	0.50	7.28	36,339	18,111	505,539	302,757
2017-10-06	$48.36	$49.00	15.2%	4.3%	30.6%	22.4%	15.2%	0.3%	-0.1%	27.9M	-228.8M	-4.1M	0.40	4.71	36,337	14,389	511,191	311,821
2017-10-09	$48.32	$49.00	14.8%	4.2%	29.6%	19.6%	15.7%	1.4%	-0.2%	28.7M	-220.5M	-4.1M	0.33	2.76	26,855	8,898	478,508	305,553
2017-10-10	$48.20	$49.00	14.9%	4.2%	29.5%	20.6%	15.6%	1.5%	-0.1%	32.0M	-225.8M	-4.1M	0.56	2.16	15,586	8,760	479,273	306,631
2017-10-11	$48.34	$49.00	14.5%	4.2%	29.6%	17.5%	14.5%	1.2%	0.1%	37.2M	-263.2M	-4.1M	0.72	2.33	14,680	10,573	481,090	305,726
2017-10-12	$48.21	$49.00	14.1%	4.0%	29.5%	15.3%	14.2%	1.7%	-0.1%	22.9M	-212.0M	-4.0M	0.65	3.33	17,122	11,205	482,700	307,837
2017-10-13	$48.57	$49.00	13.4%	3.9%	7.8%	9.9%	13.8%	1.3%	0.2%	52.1M	-310.7M	-4.0M	0.63	2.65	21,133	13,220	484,771	309,942
2017-10-16	$48.86	$49.00	13.4%	3.9%	7.4%	10.4%	13.9%	1.5%	-0.2%	38.5M	-359.9M	-3.9M	1.05	2.09	15,019	15,763	449,960	307,428
2017-10-17	$49.20	$49.00	13.6%	3.9%	7.5%	11.3%	13.4%	1.1%	-0.3%	41.7M	-465.5M	-3.9M	0.73	2.15	19,106	13,917	452,537	310,526
2017-10-18	$49.60	$49.00	12.8%	3.7%	7.8%	6.5%	13.2%	0.8%	-0.4%	43.9M	-600.3M	-3.9M	0.47	2.61	21,238	10,032	457,966	311,504
2017-10-19	$49.34	$49.00	13.4%	3.8%	8.2%	9.9%	13.7%	0.7%	-0.2%	47.5M	-514.3M	-3.9M	0.45	2.37	16,668	7,466	456,828	308,219
2017-10-20	$49.29	$49.00	12.4%	3.6%	8.1%	3.2%	12.3%	0.4%	-0.1%	38.6M	-510.2M	-3.8M	1.42	2.32	23,240	33,015	457,853	309,732
2017-10-23	$49.34	$49.00	13.0%	3.8%	7.8%	7.4%	13.1%	1.1%	0.1%	38.3M	-501.4M	-3.9M	0.77	4.31	13,369	10,317	365,190	255,484
2017-10-24	$49.94	$49.00	13.1%	3.9%	8.6%	8.0%	13.8%	1.1%	-0.3%	43.6M	-598.2M	-4.0M	0.58	2.61	24,578	14,289	369,042	258,985
2017-10-25	$49.72	$50.00	13.4%	4.0%	8.8%	10.3%	14.5%	1.3%	0.2%	40.6M	-564.7M	-3.9M	0.97	4.32	24,893	24,045	372,244	265,192
2017-10-26	$50.16	$50.00	13.9%	4.0%	9.1%	13.6%	14.4%	1.3%	-0.3%	43.0M	-648.1M	-4.1M	0.51	3.50	18,168	9,274	374,983	279,246
2017-10-27	$50.90	$50.00	13.3%	3.8%	10.1%	9.8%	13.9%	1.0%	-0.2%	36.9M	-807.8M	-4.0M	0.30	3.33	30,334	9,200	381,117	279,589
2017-10-30	$50.68	$50.00	14.0%	4.1%	10.3%	14.3%	15.1%	1.2%	0.1%	37.1M	-708.0M	-3.9M	0.85	6.25	16,038	13,620	364,823	276,845
2017-10-31	$50.90	$50.00	14.3%	4.2%	10.2%	16.2%	15.7%	1.1%	0.2%	37.8M	-747.5M	-4.0M	0.69	8.49	18,873	13,030	370,038	281,603