ORCL Options History — August 2018

In August 2018, ORCL traded between $47.36 and $49.35. ATM implied volatility averaged 20.0%, placing in the 40.8% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded above realized volatility by 7.8% (HV 20d: 12.2%). Max pain ranged from $47.00 to $47.00. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 13 of 23 days. Put/call ratio averaged 1.16.

Notable Days

2018-08-01: Highest Volume — 51,816 contracts
2018-08-10: Largest IV spike — 17.0% change
2018-08-30: Highest IV Rank — 75.2%
2018-08-30: Largest Expected Move — 7.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.50	$47.36	$49.35	$47.36	$48.50
Max Pain	$47.00	$47.00	$47.00	$47.00	$47.00
ATM IV	20.0%	14.2%	26.5%	17.8%	26.1%
Expected Move	6.5%	4.4%	7.9%	5.3%	7.7%
HV 20d	12.2%	10.2%	14.8%	14.8%	10.5%
HV 60d	24.3%	23.5%	24.9%	24.8%	23.7%
IV Rank	40.8%	9.8%	75.2%	29.1%	73.0%
IV Percentile	51.5%	8.3%	88.5%	45.6%	86.5%
Term Structure	1.5%	-1.9%	6.8%	-0.3%	-1.5%
VWIV	22.8%	16.1%	28.5%	18.4%	26.6%
Skew 25d	3.1%	0.8%	4.0%	3.1%	3.6%
Skew 10d	7.5%	4.9%	15.9%	6.3%	7.4%
Call IV 25d	18.7%	13.2%	24.3%	16.3%	24.3%
Put IV 25d	21.8%	15.4%	27.9%	19.4%	27.8%
Bid-Ask Spread %	13.88	4.74	32.46	32.46	7.77
Gamma HHI	0.13	0.11	0.16	0.12	0.15
Net GEX	17.9M	3.9M	30.2M	3.9M	11.0M
Net DEX	-311.1M	-430.8M	-142.1M	-142.1M	-255.1M
Net VEX	-4.1M	-4.5M	-3.9M	-4.0M	-4.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	1.16	0.41	3.40	3.40	1.57
Total Volume	26,721.391	12,687	51,816	51,816	25,873
Total OI	589,133.696	545,002	628,427	570,677	628,427

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
2018-08-01	$47.36	$47.00	17.8%	5.3%	14.8%	29.1%	18.4%	3.1%	-0.3%	3.9M	-142.1M	-4.0M	3.40	32.46	11,774	40,042	308,709	261,968
2018-08-02	$48.04	$47.00	16.0%	4.5%	14.6%	19.3%	16.1%	3.3%	-0.3%	4.4M	-262.6M	-4.1M	1.06	22.18	11,281	11,918	311,863	274,377
2018-08-03	$48.43	$47.00	16.0%	4.4%	14.3%	19.4%	16.6%	3.4%	-0.5%	14.8M	-336.1M	-4.1M	1.16	26.46	11,068	12,835	313,842	276,716
2018-08-06	$48.76	$47.00	14.9%	6.2%	13.7%	13.8%	22.2%	3.0%	5.2%	16.5M	-380.5M	-4.0M	1.24	7.31	7,462	9,282	312,801	271,332
2018-08-07	$48.58	$47.00	14.3%	6.1%	13.8%	10.1%	22.4%	2.5%	6.1%	15.7M	-352.2M	-4.0M	1.25	9.81	6,335	7,940	315,622	272,962
2018-08-08	$48.43	$47.00	14.8%	6.2%	12.8%	13.1%	21.0%	2.5%	4.3%	12.6M	-320.5M	-4.0M	2.05	7.01	4,158	8,529	317,040	275,041
2018-08-09	$48.60	$47.00	14.2%	6.2%	12.5%	9.8%	21.0%	2.3%	2.4%	13.7M	-349.3M	-4.0M	0.77	9.38	12,577	9,656	317,744	277,490
2018-08-10	$48.35	$47.00	16.6%	6.6%	11.9%	22.7%	23.7%	2.5%	0.6%	15.7M	-309.8M	-4.0M	0.90	20.88	10,480	9,410	324,034	277,253
2018-08-13	$48.14	$47.00	18.7%	6.7%	11.8%	33.9%	26.4%	2.8%	5.4%	16.4M	-274.6M	-3.9M	1.62	22.40	6,657	10,788	317,676	267,298
2018-08-14	$48.30	$47.00	17.8%	6.7%	11.2%	28.8%	22.5%	2.0%	4.7%	16.5M	-296.6M	-3.9M	1.17	9.22	7,860	9,230	319,088	271,664
2018-08-15	$47.76	$47.00	17.2%	6.9%	11.5%	25.7%	24.5%	2.5%	6.8%	11.6M	-204.9M	-3.9M	0.87	11.78	11,102	9,637	322,464	272,335
2018-08-16	$48.21	$47.00	19.4%	6.6%	12.0%	37.6%	22.6%	0.8%	4.3%	17.8M	-296.7M	-3.9M	0.41	7.27	20,576	8,487	323,761	272,949
2018-08-17	$48.39	$47.00	20.3%	6.5%	12.0%	42.2%	22.7%	2.8%	2.7%	16.8M	-338.7M	-3.9M	1.18	4.74	18,390	21,786	329,689	274,729
2018-08-20	$48.52	$47.00	21.2%	6.4%	12.0%	46.9%	22.9%	3.7%	0.4%	21.4M	-274.5M	-4.1M	0.50	15.41	19,382	9,664	297,913	247,089
2018-08-21	$48.48	$47.00	23.1%	6.8%	12.0%	57.4%	22.9%	4.0%	-0.8%	24.2M	-279.1M	-4.0M	0.88	13.30	14,552	12,862	306,527	248,372
2018-08-22	$48.89	$47.00	23.0%	6.6%	12.3%	56.6%	22.9%	3.8%	0.5%	29.4M	-350.0M	-4.2M	0.89	23.71	17,436	15,522	312,150	253,915
2018-08-23	$48.98	$47.00	23.7%	6.8%	12.3%	60.6%	23.2%	3.6%	0.0%	30.2M	-378.4M	-4.3M	0.79	6.63	12,408	9,778	319,054	259,006
2018-08-24	$49.29	$47.00	23.8%	6.8%	12.3%	60.8%	23.4%	3.7%	-0.5%	29.1M	-430.8M	-4.3M	0.54	11.56	23,832	12,759	321,433	262,663
2018-08-27	$49.35	$47.00	24.3%	7.2%	10.2%	63.4%	24.5%	3.6%	-1.0%	27.1M	-427.3M	-4.3M	0.81	13.72	13,592	10,960	321,316	263,413
2018-08-28	$48.73	$47.00	25.5%	7.4%	11.4%	70.2%	26.1%	3.7%	-1.9%	21.1M	-307.7M	-4.3M	1.42	13.72	15,634	22,256	324,971	267,632
2018-08-29	$49.00	$47.00	25.4%	7.4%	10.9%	69.2%	24.2%	3.8%	-1.5%	24.3M	-352.2M	-4.4M	0.95	9.88	18,847	17,990	332,575	279,730
2018-08-30	$48.40	$47.00	26.5%	7.9%	10.9%	75.2%	28.5%	3.6%	-0.6%	17.2M	-236.6M	-4.5M	1.24	12.57	14,257	17,728	341,422	282,020
2018-08-31	$48.50	$47.00	26.1%	7.7%	10.5%	73.0%	26.6%	3.6%	-1.5%	11.0M	-255.1M	-4.5M	1.57	7.77	10,080	15,793	346,501	281,926