ORCL Options History — October 2018

In October 2018, ORCL traded between $46.50 and $51.70. ATM implied volatility averaged 20.5%, placing in the 43.0% IV rank vs the trailing year. The 30-day expected move averaged 6.0%. IV traded above realized volatility by 1.8% (HV 20d: 18.6%). Max pain ranged from $47.00 to $50.00. Net GEX was positive for 22 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.95.

Notable Days

2018-10-11: Highest Volume — 50,044 contracts
2018-10-10: Largest IV spike — 17.3% change
2018-10-29: Highest IV Rank — 69.1%
2018-10-29: Largest Expected Move — 8.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$48.37	$46.50	$51.70	$51.70	$48.99
Max Pain	$47.78	$47.00	$50.00	$49.00	$47.00
ATM IV	20.5%	15.2%	25.4%	15.2%	21.3%
Expected Move	6.0%	4.4%	8.1%	4.4%	6.6%
HV 20d	18.6%	13.8%	24.0%	13.8%	24.0%
HV 60d	15.1%	12.9%	18.1%	12.9%	18.1%
IV Rank	43.0%	15.0%	69.1%	15.0%	46.7%
IV Percentile	53.9%	21.0%	76.2%	21.0%	57.1%
Term Structure	-0.2%	-1.2%	0.7%	0.3%	0.1%
VWIV	21.6%	15.8%	28.0%	15.8%	24.4%
Skew 25d	4.2%	2.6%	5.3%	2.6%	4.4%
Skew 10d	8.9%	5.0%	12.3%	5.0%	12.3%
Call IV 25d	18.9%	14.7%	23.0%	14.7%	19.5%
Put IV 25d	23.1%	17.3%	28.1%	17.3%	23.9%
Bid-Ask Spread %	14.08	7.99	31.13	9.75	11.86
Gamma HHI	0.11	0.08	0.20	0.15	0.09
Net GEX	11.5M	-7.9M	28.4M	28.4M	25.7M
Net DEX	-105.9M	-547.5M	146.4M	-547.5M	-398.6M
Net VEX	-4.3M	-4.5M	-4.1M	-4.1M	-4.5M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.95	0.40	1.78	0.82	0.40
Total Volume	34,150.435	16,967	50,044	41,410	33,071
Total OI	611,910.957	566,455	649,796	566,455	637,023

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
2018-10-01	$51.70	$49.00	15.2%	4.4%	13.8%	15.0%	15.8%	2.6%	0.3%	28.4M	-547.5M	-4.1M	0.82	9.75	22,729	18,681	285,893	280,562
2018-10-02	$50.21	$49.00	16.7%	4.9%	17.9%	23.0%	17.6%	3.0%	0.7%	26.3M	-300.3M	-4.3M	1.47	14.57	19,261	28,403	296,859	289,095
2018-10-03	$49.80	$50.00	16.2%	4.7%	17.7%	20.6%	16.7%	3.0%	0.4%	26.1M	-213.2M	-4.2M	0.80	17.26	17,745	14,205	300,813	295,178
2018-10-04	$49.44	$49.00	17.9%	5.1%	17.8%	29.7%	18.6%	3.5%	0.2%	17.2M	-154.3M	-4.2M	0.70	7.99	22,409	15,645	299,770	291,866
2018-10-05	$49.40	$49.00	18.4%	5.2%	17.8%	32.1%	18.9%	3.5%	0.1%	12.7M	-145.8M	-4.3M	0.86	12.43	22,006	18,836	305,535	293,526
2018-10-08	$49.43	$48.00	18.6%	5.2%	15.9%	33.0%	19.1%	3.6%	-0.3%	12.9M	-184.8M	-4.2M	1.08	9.67	15,647	16,895	300,091	294,159
2018-10-09	$48.95	$48.00	18.0%	5.1%	16.3%	30.0%	18.7%	3.5%	-0.3%	9.5M	-113.2M	-4.2M	1.71	11.19	11,587	19,818	308,426	297,499
2018-10-10	$47.60	$48.00	21.1%	5.9%	18.6%	46.6%	21.3%	4.2%	-0.3%	1.7M	92.0M	-4.3M	0.88	13.50	16,622	14,563	314,787	296,047
2018-10-11	$47.16	$48.00	24.1%	6.6%	18.6%	62.6%	24.0%	5.0%	-1.2%	131.5K	146.4M	-4.2M	0.79	19.89	27,992	22,052	318,168	296,741
2018-10-12	$47.28	$48.00	22.2%	6.2%	18.4%	52.5%	21.9%	5.0%	-0.7%	3.2M	127.0M	-4.2M	1.18	10.78	17,083	20,120	324,750	301,472
2018-10-15	$47.35	$48.00	21.2%	6.0%	18.5%	47.2%	21.4%	4.9%	-0.6%	556.7K	79.4M	-4.1M	0.70	12.98	9,983	6,984	317,557	300,817
2018-10-16	$48.33	$48.00	18.6%	5.3%	20.1%	33.2%	19.6%	3.6%	-0.5%	7.8M	-86.0M	-4.2M	0.60	9.88	20,767	12,393	318,828	301,194
2018-10-17	$47.85	$47.00	18.7%	5.4%	20.2%	33.6%	19.1%	3.6%	-0.7%	2.9M	-17.8M	-4.2M	0.71	8.04	15,561	11,048	328,424	306,563
2018-10-18	$47.47	$47.00	21.1%	6.1%	18.6%	46.6%	21.5%	4.3%	-0.5%	1.3M	35.3M	-4.3M	0.75	12.37	14,708	10,975	335,238	307,108
2018-10-19	$47.79	$47.00	19.8%	5.7%	18.2%	39.8%	20.9%	4.3%	-0.6%	-7.9M	-26.9M	-4.3M	0.96	13.06	18,951	18,169	339,718	310,078
2018-10-22	$47.97	$47.00	20.3%	6.0%	18.1%	42.1%	20.9%	4.4%	0.0%	14.0M	-127.1M	-4.3M	0.65	15.92	21,628	14,045	303,513	277,992
2018-10-23	$48.17	$47.00	21.2%	6.3%	17.7%	46.3%	23.0%	4.3%	-0.3%	15.1M	-159.9M	-4.3M	1.03	9.29	18,036	18,533	312,816	283,096
2018-10-24	$47.37	$47.00	23.7%	7.1%	18.2%	59.9%	25.2%	4.9%	-0.6%	12.0M	-47.4M	-4.3M	1.78	22.00	11,525	20,508	320,842	286,113
2018-10-25	$47.92	$47.00	22.7%	6.8%	19.1%	54.2%	25.8%	5.0%	-0.4%	14.1M	-135.3M	-4.5M	0.75	17.85	15,617	11,734	326,583	295,212
2018-10-26	$47.36	$47.00	24.9%	7.5%	19.3%	66.6%	27.1%	5.1%	-0.5%	7.4M	-38.7M	-4.5M	1.70	22.10	17,398	29,498	332,648	297,303
2018-10-29	$46.50	$47.00	25.4%	8.1%	19.7%	69.1%	28.0%	5.3%	0.1%	11.6M	55.2M	-4.3M	0.80	31.13	11,723	9,327	327,692	291,130
2018-10-30	$48.44	$47.00	23.4%	7.3%	23.7%	58.5%	27.8%	5.3%	0.4%	21.9M	-273.0M	-4.5M	0.80	10.26	17,226	13,753	332,938	292,289
2018-10-31	$48.99	$47.00	21.3%	6.6%	24.0%	46.7%	24.4%	4.4%	0.1%	25.7M	-398.6M	-4.5M	0.40	11.86	23,605	9,466	339,853	297,170