ORCL Options History — May 2018

In May 2018, ORCL traded between $45.17 and $47.23. ATM implied volatility averaged 19.6%, placing in the 39.1% IV rank vs the trailing year. The 30-day expected move averaged 5.0%. IV traded above realized volatility by 4.3% (HV 20d: 15.3%). Max pain ranged from $46.00 to $47.00. Net GEX was positive for 21 of 22 trading days. Term structure was in contango for 15 of 22 days. Put/call ratio averaged 0.93.

Notable Days

  • 2018-05-22: Highest Volume — 51,160 contracts
  • 2018-05-22: Largest IV spike — 18.5% change
  • 2018-05-29: Highest IV Rank — 77.1%
  • 2018-05-29: Largest Expected Move — 6.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$46.45$45.17$47.23$45.82$46.81
Max Pain$46.91$46.00$47.00$46.00$47.00
ATM IV19.6%15.4%26.8%18.4%25.4%
Expected Move5.0%4.4%6.1%5.7%5.2%
HV 20d15.3%12.7%17.9%17.7%17.9%
HV 60d29.2%28.5%31.6%31.6%28.7%
IV Rank39.1%16.1%77.1%34.1%69.6%
IV Percentile55.7%29.0%91.3%51.6%82.9%
Term Structure1.1%-1.9%6.6%0.1%-1.9%
VWIV17.8%15.9%20.9%20.8%18.6%
Skew 25d3.0%2.1%4.7%3.2%3.6%
Skew 10d6.7%4.4%10.6%7.9%8.2%
Call IV 25d18.5%14.8%24.9%17.4%24.5%
Put IV 25d21.5%16.9%29.5%20.6%28.1%
Bid-Ask Spread %26.9110.7689.9914.8289.99
Gamma HHI0.110.100.160.110.11
Net GEX11.7M-4.1M25.4M4.9M11.0M
Net DEX-102.6M-232.3M128.1M4.9M-143.6M
Net VEX-4.1M-4.3M-3.9M-4.2M-3.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.382.191.490.88
Total Volume27,539.63619,05851,16024,74327,826
Total OI612,957.818571,422647,079594,599617,644

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-05-01$45.82$46.0018.4%5.7%17.7%34.1%20.8%3.2%0.1%4.9M4.9M-4.2M1.4914.829,95114,792328,378266,221
2018-05-02$45.62$46.0018.0%5.7%16.8%31.9%19.9%3.2%0.2%1.7M44.4M-4.2M1.4432.479,20313,224329,820271,762
2018-05-03$45.17$47.0019.0%5.7%16.9%36.8%19.0%3.2%-0.2%-4.1M128.1M-4.1M0.5422.8019,09110,378332,297273,331
2018-05-04$45.78$47.0017.1%5.2%15.2%26.9%17.3%2.8%0.3%3.5M3.6M-4.2M0.7629.1616,27212,314336,296274,849
2018-05-07$46.06$47.0017.0%5.2%15.1%24.8%18.0%2.9%1.2%3.2M-20.8M-4.2M0.6714.1915,11410,156332,530277,594
2018-05-08$45.86$47.0017.1%5.2%14.3%25.3%18.6%2.8%1.0%935.9K5.2M-4.1M0.7319.8511,0468,012336,950279,964
2018-05-09$46.52$47.0016.4%4.9%15.1%21.3%17.3%2.2%0.9%11.2M-132.5M-4.2M0.3817.0917,1176,441339,488281,680
2018-05-10$47.00$47.0016.2%4.9%15.0%20.2%17.9%2.6%1.2%19.9M-232.3M-4.3M0.4710.7617,4498,191344,528282,096
2018-05-11$46.75$47.0016.2%4.8%15.2%20.6%17.1%2.1%0.7%16.9M-192.1M-4.2M0.7717.9813,57010,491348,391283,720
2018-05-14$46.82$47.0015.4%4.5%15.2%16.1%16.1%2.3%6.6%16.5M-178.9M-4.1M0.6914.0516,80311,561342,567282,699
2018-05-15$46.66$47.0016.3%4.7%14.3%21.0%17.5%2.8%5.8%13.6M-137.7M-4.1M0.5527.1116,0148,781348,010286,120
2018-05-16$46.68$47.0015.9%4.6%14.0%18.8%16.9%2.4%4.4%17.1M-155.3M-4.1M0.7124.2311,1917,942351,176286,911
2018-05-17$46.61$47.0016.7%4.5%13.8%23.1%16.4%2.6%3.9%17.5M-150.5M-4.0M0.4921.7214,6547,160352,844288,022
2018-05-18$46.35$47.0017.9%4.7%12.7%29.7%15.9%2.4%4.5%10.0M-104.3M-4.0M0.8019.4515,83012,707357,902289,177
2018-05-21$47.23$47.0020.1%4.4%13.9%41.2%16.5%3.6%1.4%20.7M-222.9M-4.1M0.8134.0219,75016,097315,692255,730
2018-05-22$46.41$47.0023.8%4.7%15.1%61.0%17.2%3.1%0.0%12.5M-87.2M-4.0M1.1715.2423,57727,583326,587263,020
2018-05-23$46.85$47.0023.7%4.5%15.3%60.5%16.1%3.3%-0.6%18.9M-158.3M-4.0M1.6533.6210,66717,591325,679267,450
2018-05-24$46.50$47.0024.8%4.7%15.2%66.4%16.8%3.6%-1.4%12.2M-88.2M-4.0M1.0927.9713,98715,201327,928269,400
2018-05-25$47.04$47.0023.9%4.6%14.9%61.7%17.8%3.7%-0.1%25.4M-192.4M-4.0M0.8731.4113,14611,409331,131271,320
2018-05-29$46.22$47.0026.8%6.1%16.2%77.1%20.9%4.7%-1.9%6.7M-35.6M-3.9M2.1961.6610,81823,737326,343269,517
2018-05-30$47.17$47.0025.8%5.2%17.7%71.5%18.4%3.9%-1.9%17.4M-209.9M-3.9M1.4012.4512,11116,917329,875282,433
2018-05-31$46.81$47.0025.4%5.2%17.9%69.6%18.6%3.6%-1.9%11.0M-143.6M-3.9M0.8889.9914,78513,041332,041285,603