ORCL Options History — April 2019

In April 2019, ORCL traded between $53.75 and $55.34. ATM implied volatility averaged 16.3%, placing in the 8.4% IV rank vs the trailing year. The 30-day expected move averaged 4.6%. IV traded above realized volatility by 1.9% (HV 20d: 14.4%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.70.

Notable Days

  • 2019-04-24: Highest Volume — 36,016 contracts
  • 2019-04-24: Largest IV spike — 9.5% change
  • 2019-04-24: Highest IV Rank — 14.9%
  • 2019-04-24: Largest Expected Move — 5.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.48$53.75$55.34$54.56$55.16
Max Pain$53.33$52.50$55.00$52.50$55.00
ATM IV16.3%15.0%17.9%16.0%16.7%
Expected Move4.6%4.2%5.3%4.7%4.7%
HV 20d14.4%7.3%17.9%17.1%7.3%
HV 60d13.4%12.5%15.5%15.5%12.5%
IV Rank8.4%3.0%14.9%7.4%9.9%
IV Percentile14.6%3.2%31.7%9.1%21.0%
Term Structure0.1%-1.0%2.7%0.1%-0.1%
VWIV16.5%14.6%18.4%16.8%15.7%
Skew 25d3.4%2.9%3.6%3.5%3.1%
Skew 10d7.3%6.2%9.1%7.6%7.1%
Call IV 25d15.1%14.0%16.4%15.2%15.0%
Put IV 25d18.4%17.4%19.7%18.7%18.2%
Bid-Ask Spread %4.122.4113.173.173.34
Gamma HHI0.170.120.300.150.17
Net GEX29.4M15.5M54.8M29.7M28.7M
Net DEX-380.1M-459.5M-299.3M-440.9M-404.8M
Net VEX-3.7M-3.9M-3.6M-3.7M-3.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.700.241.380.421.27
Total Volume18,201.1438,07936,01616,39114,787
Total OI443,826.619411,562472,310438,738450,200

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-04-01$54.56$52.5016.0%4.7%17.1%7.4%16.8%3.5%0.1%29.7M-440.9M-3.7M0.423.1711,5404,851212,815225,923
2019-04-02$54.16$52.5016.6%4.6%17.4%9.5%16.3%3.5%-0.1%24.2M-377.1M-3.7M0.722.974,6923,387209,057228,638
2019-04-03$53.99$52.5016.6%4.5%17.4%9.5%16.1%3.6%0.2%23.0M-344.1M-3.7M1.383.886,8309,449211,009229,795
2019-04-04$53.75$52.5016.5%5.1%17.5%9.3%17.3%3.3%0.1%20.1M-299.3M-3.8M1.173.556,4497,537212,039233,343
2019-04-05$54.00$52.5016.3%4.4%17.5%8.2%16.3%2.9%0.1%15.5M-348.4M-3.7M0.613.2410,5066,436214,060234,749
2019-04-08$53.75$52.5016.5%5.1%17.7%9.4%16.5%3.1%1.4%22.5M-302.1M-3.7M0.732.555,3503,880207,885227,937
2019-04-09$53.84$52.5016.5%4.5%17.7%9.1%17.5%3.6%-0.7%24.1M-311.8M-3.7M0.273.2220,2475,536209,835228,644
2019-04-10$53.98$52.5016.2%4.4%17.6%8.2%15.7%3.4%-0.7%28.6M-341.0M-3.7M0.712.7011,5418,248207,866231,728
2019-04-11$53.85$55.0016.0%4.4%17.5%7.1%17.0%3.4%-1.0%26.1M-303.2M-3.7M0.382.417,4212,853210,086235,736
2019-04-12$54.48$55.0015.5%4.3%17.9%5.3%18.4%3.4%-0.9%52.7M-413.3M-3.6M0.442.8912,3795,467210,881236,425
2019-04-15$54.64$52.5015.2%4.3%17.6%3.9%16.3%3.6%0.6%35.1M-433.5M-3.6M1.243.9314,64818,167205,845233,664
2019-04-16$54.44$52.5015.0%4.2%17.6%3.0%14.9%3.6%2.7%36.4M-412.2M-3.6M0.408.288,5703,445212,588248,953
2019-04-17$54.56$52.5015.5%4.4%15.1%5.1%14.6%3.3%0.3%39.7M-419.8M-3.7M0.953.558,1607,791214,685250,000
2019-04-18$54.50$52.5015.1%4.3%12.6%3.6%15.2%3.1%1.1%54.8M-409.0M-3.7M0.823.0211,6589,613217,178255,132
2019-04-22$54.64$52.5015.8%4.5%9.6%6.6%16.7%3.4%-0.4%21.5M-349.0M-3.7M0.5413.176,1993,373188,741222,821
2019-04-23$55.00$52.5016.4%4.8%9.7%8.7%16.8%3.0%-0.2%22.6M-400.2M-3.7M0.644.5413,6008,700191,774225,403
2019-04-24$55.18$55.0017.9%5.3%9.6%14.9%17.7%3.6%-0.5%26.9M-409.4M-3.8M0.243.8829,1056,911200,151232,449
2019-04-25$55.05$55.0017.8%5.1%9.4%14.3%16.9%3.3%-0.1%29.7M-408.1M-3.9M0.483.8315,5887,557213,134234,885
2019-04-26$55.34$55.0017.2%5.1%9.3%12.0%16.7%3.5%-0.2%28.4M-459.5M-3.9M0.894.5713,94212,459217,999239,502
2019-04-29$55.16$55.0017.1%4.9%9.2%11.5%16.0%3.4%0.5%28.0M-396.0M-3.9M0.373.779,7233,629206,763240,041
2019-04-30$55.16$55.0016.7%4.7%7.3%9.9%15.7%3.1%-0.1%28.7M-404.8M-3.8M1.273.346,5208,267208,141242,059