ORCL Options History — January 2018

In January 2018, ORCL traded between $46.55 and $52.71. ATM implied volatility averaged 15.6%, placing in the 20.4% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded below realized volatility by 2.8% (HV 20d: 18.3%). Max pain ranged from $47.00 to $49.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.59.

Notable Days

2018-01-08: Highest Volume — 85,344 contracts
2018-01-29: Largest IV spike — 8.5% change
2018-01-30: Highest IV Rank — 35.4%
2018-01-30: Largest Expected Move — 5.4%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$49.96	$46.55	$52.71	$46.55	$51.65
Max Pain	$48.19	$47.00	$49.00	$47.00	$49.00
ATM IV	15.6%	14.4%	18.3%	14.7%	17.5%
Expected Move	4.6%	4.1%	5.4%	4.3%	5.3%
HV 20d	18.3%	13.5%	23.1%	22.2%	16.5%
HV 60d	17.4%	16.3%	18.4%	16.3%	18.4%
IV Rank	20.4%	14.1%	35.4%	15.5%	31.3%
IV Percentile	47.6%	32.9%	66.3%	37.3%	63.5%
Term Structure	0.0%	-0.7%	0.6%	-0.2%	0.6%
VWIV	16.3%	14.9%	19.2%	15.7%	18.6%
Skew 25d	1.5%	0.9%	2.1%	2.0%	1.6%
Skew 10d	3.3%	1.9%	9.3%	4.0%	2.5%
Call IV 25d	15.3%	14.1%	18.1%	14.4%	17.5%
Put IV 25d	16.8%	15.4%	19.4%	16.4%	19.0%
Bid-Ask Spread %	10.57	2.54	22.39	13.16	19.88
Gamma HHI	0.17	0.11	0.31	0.16	0.15
Net GEX	29.6M	-3.2M	58.6M	-3.2M	26.4M
Net DEX	-408.7M	-712.8M	84.3M	84.3M	-525.1M
Net VEX	-3.9M	-4.1M	-3.2M	-3.2M	-4.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.59	0.24	0.82	0.76	0.67
Total Volume	44,544.143	25,291	85,344	63,239	29,019
Total OI	603,080.905	434,815	728,876	672,140	462,496

Daily Data (21 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
2018-01-02	$46.55	$47.00	14.7%	4.3%	22.2%	15.5%	15.7%	2.0%	-0.2%	-3.2M	84.3M	-3.2M	0.76	13.16	36,017	27,222	374,895	297,245
2018-01-03	$47.76	$47.00	15.4%	4.5%	22.8%	19.6%	16.3%	1.8%	-0.1%	5.3M	-146.9M	-3.6M	0.72	15.02	35,451	25,499	394,344	309,037
2018-01-04	$48.16	$48.00	15.1%	4.3%	22.9%	18.0%	15.4%	1.8%	-0.0%	11.9M	-222.1M	-3.7M	0.51	14.24	25,833	13,171	404,420	319,457
2018-01-05	$48.45	$48.00	14.8%	4.3%	22.7%	16.0%	15.2%	1.5%	0.2%	32.1M	-337.2M	-3.7M	0.60	12.48	24,118	14,465	409,859	319,017
2018-01-08	$49.02	$48.00	14.9%	4.4%	23.1%	16.6%	15.6%	1.7%	0.3%	33.0M	-418.1M	-3.8M	0.25	9.48	68,268	17,076	401,197	312,732
2018-01-09	$49.09	$48.00	15.0%	4.3%	21.9%	17.0%	15.6%	1.7%	0.1%	33.2M	-235.5M	-3.8M	0.71	6.90	28,075	20,069	355,768	315,733
2018-01-10	$48.76	$48.00	14.9%	4.2%	20.9%	16.6%	15.1%	1.4%	-0.1%	28.0M	-159.4M	-3.8M	0.66	9.09	23,294	15,413	355,955	316,023
2018-01-11	$48.95	$48.00	14.4%	4.1%	21.0%	14.1%	14.9%	1.4%	-0.1%	28.6M	-176.0M	-3.8M	0.82	20.57	20,719	16,995	361,286	318,235
2018-01-12	$49.44	$48.00	14.8%	4.2%	21.3%	16.0%	15.2%	0.9%	0.1%	48.2M	-325.3M	-3.8M	0.48	13.97	31,135	14,951	364,254	319,999
2018-01-16	$49.59	$48.00	16.0%	4.6%	21.3%	22.7%	16.2%	1.1%	-0.4%	48.2M	-332.3M	-3.8M	0.24	9.15	61,257	14,887	362,432	314,192
2018-01-17	$50.27	$48.00	15.7%	4.5%	15.3%	21.1%	16.6%	1.3%	-0.3%	58.6M	-587.3M	-3.9M	0.52	5.92	30,291	15,765	384,696	316,878
2018-01-18	$50.23	$48.00	15.9%	4.6%	14.7%	22.2%	16.4%	1.2%	-0.4%	51.8M	-560.7M	-4.0M	0.68	10.28	30,508	20,817	388,710	324,782
2018-01-19	$50.54	$48.00	14.8%	4.3%	14.7%	16.0%	15.7%	1.1%	-0.7%	14.9M	-692.1M	-3.9M	0.56	5.31	22,591	12,568	392,918	334,070
2018-01-22	$50.71	$48.00	14.6%	4.4%	14.7%	15.3%	15.3%	1.6%	0.4%	31.2M	-483.9M	-4.0M	0.54	2.54	17,029	9,162	267,186	167,629
2018-01-23	$51.16	$48.00	15.1%	4.4%	13.5%	18.1%	16.1%	1.6%	0.5%	32.3M	-560.1M	-4.0M	0.69	4.47	14,987	10,304	274,819	171,654
2018-01-24	$51.50	$49.00	15.5%	4.6%	13.5%	20.1%	16.1%	1.3%	0.5%	31.7M	-592.8M	-4.0M	0.44	4.30	26,442	11,681	273,327	174,504
2018-01-25	$51.63	$49.00	15.3%	4.6%	13.5%	18.7%	16.8%	1.3%	0.2%	28.5M	-583.4M	-4.0M	0.56	3.52	19,488	10,885	270,179	178,160
2018-01-26	$52.71	$49.00	16.4%	4.8%	14.6%	25.0%	17.1%	1.0%	0.4%	28.1M	-712.8M	-4.0M	0.47	22.39	39,343	18,534	269,998	180,907
2018-01-29	$52.01	$49.00	17.8%	5.4%	16.0%	32.8%	19.0%	2.1%	-0.4%	27.7M	-582.1M	-4.0M	0.69	15.13	18,917	13,123	269,717	177,893
2018-01-30	$50.99	$49.00	18.3%	5.4%	18.0%	35.4%	19.2%	1.3%	0.1%	24.6M	-433.6M	-4.1M	0.71	4.16	17,560	12,498	274,561	183,535
2018-01-31	$51.65	$49.00	17.5%	5.3%	16.5%	31.3%	18.6%	1.6%	0.6%	26.4M	-525.1M	-4.1M	0.67	19.88	17,360	11,659	277,160	185,336