ORCL Options History — February 2019

In February 2019, ORCL traded between $50.35 and $52.75. ATM implied volatility averaged 20.6%, placing in the 25.8% IV rank vs the trailing year. The 30-day expected move averaged 5.1%. IV traded above realized volatility by 7.5% (HV 20d: 13.2%). Max pain ranged from $47.00 to $48.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 11 of 19 days. Put/call ratio averaged 0.61.

Notable Days

  • 2019-02-01: Highest Volume — 24,172 contracts
  • 2019-02-19: Largest IV spike — 16.9% change
  • 2019-02-21: Highest IV Rank — 43.0%
  • 2019-02-07: Largest Expected Move — 6.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$51.66$50.35$52.75$50.59$52.30
Max Pain$47.89$47.00$48.00$47.00$48.00
ATM IV20.6%16.9%24.9%17.8%23.6%
Expected Move5.1%4.6%6.2%5.5%4.9%
HV 20d13.2%11.2%17.2%17.2%11.2%
HV 60d25.1%23.1%27.0%26.9%23.1%
IV Rank25.8%10.6%43.0%14.3%37.7%
IV Percentile41.1%15.1%66.7%20.2%59.9%
Term Structure1.5%-1.9%7.4%0.3%-1.5%
VWIV18.6%16.4%22.1%18.7%17.3%
Skew 25d3.9%2.8%5.3%3.2%5.1%
Skew 10d8.3%5.9%11.1%6.2%9.4%
Call IV 25d19.0%15.7%22.8%16.5%21.7%
Put IV 25d22.9%18.5%27.9%19.7%26.8%
Bid-Ask Spread %5.002.5912.924.4311.58
Gamma HHI0.190.150.250.170.21
Net GEX21.5M18.0M25.6M18.0M19.9M
Net DEX-376.2M-437.0M-293.0M-351.8M-343.6M
Net VEX-3.0M-3.1M-2.9M-2.9M-3.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.610.121.360.580.87
Total Volume15,434.6847,43724,17224,17217,505
Total OI355,474.895336,462378,538347,422362,588

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-02-01$50.59$47.0017.8%5.5%17.2%14.3%18.7%3.2%0.3%18.0M-351.8M-2.9M0.584.4315,2718,901182,751164,671
2019-02-04$51.09$47.0017.8%5.6%12.9%14.2%18.3%3.2%1.6%19.5M-359.5M-2.9M0.453.118,2253,676177,027163,079
2019-02-05$51.27$48.0016.9%4.8%11.7%10.6%17.9%2.8%0.3%19.5M-387.9M-2.9M0.574.019,8835,672179,764165,615
2019-02-06$51.32$48.0017.2%5.2%11.7%12.0%19.2%2.9%1.1%19.6M-390.8M-2.9M0.774.314,1913,246182,665168,194
2019-02-07$50.35$48.0019.6%6.2%14.0%21.6%21.3%3.4%2.6%20.8M-293.0M-3.0M0.993.8612,02711,895185,447169,365
2019-02-08$50.91$48.0019.4%6.1%14.3%20.8%22.1%3.4%3.0%22.0M-365.3M-3.1M0.994.029,8979,780192,948175,333
2019-02-11$51.26$48.0019.0%5.5%14.2%19.3%21.3%3.5%5.4%20.8M-385.8M-3.0M0.122.819,6351,168190,950171,734
2019-02-12$51.31$48.0017.1%4.9%14.1%11.5%18.0%3.0%6.6%21.3M-390.5M-3.0M0.264.2710,0572,568192,482172,162
2019-02-13$51.50$48.0017.2%4.9%14.2%12.1%18.2%3.0%6.7%22.7M-416.4M-3.0M0.644.245,3163,407196,955173,320
2019-02-14$51.60$48.0018.6%5.0%13.9%17.7%18.9%2.9%6.3%21.9M-426.0M-3.0M0.673.307,0244,711198,718175,164
2019-02-15$51.67$48.0019.8%4.9%13.8%22.4%19.6%3.9%7.4%19.6M-437.0M-3.0M1.368.828,75411,948200,991177,547
2019-02-19$52.16$48.0023.1%4.9%13.2%35.8%17.1%4.5%-1.4%22.2M-360.4M-2.9M0.332.5911,1463,698173,917162,545
2019-02-20$51.85$48.0024.5%4.6%12.8%41.2%16.4%5.1%-1.8%23.2M-339.0M-2.9M0.834.355,9104,934179,731163,695
2019-02-21$52.14$48.0024.9%5.0%12.6%43.0%17.8%4.8%-1.9%24.8M-365.8M-3.0M0.473.028,2753,870181,396165,813
2019-02-22$52.45$48.0024.2%4.8%12.5%40.1%16.5%5.3%-1.6%25.6M-389.3M-3.0M0.4512.9215,2516,890181,217167,991
2019-02-25$52.62$48.0023.7%4.7%12.0%38.3%20.9%4.8%-1.1%23.0M-391.4M-3.0M0.243.4014,9993,626180,788167,709
2019-02-26$52.75$48.0023.5%4.9%11.6%37.4%18.0%4.5%-1.0%22.4M-396.3M-3.0M0.496.409,9394,831182,517169,942
2019-02-27$52.40$48.0024.1%4.7%12.2%39.9%16.8%4.9%-1.8%21.6M-357.7M-3.1M0.413.5610,7134,420184,805172,487
2019-02-28$52.30$48.0023.6%4.9%11.2%37.7%17.3%5.1%-1.5%19.9M-343.6M-3.1M0.8711.589,3728,133185,640176,948