ORCL Options History — May 2019

In May 2019, ORCL traded between $50.59 and $55.01. ATM implied volatility averaged 22.6%, placing in the 33.7% IV rank vs the trailing year. The 30-day expected move averaged 7.1%. IV traded above realized volatility by 9.3% (HV 20d: 13.3%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 16 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.21.

Notable Days

  • 2019-05-23: Highest Volume — 55,545 contracts
  • 2019-05-20: Largest IV spike — 31.6% change
  • 2019-05-31: Highest IV Rank — 68.3%
  • 2019-05-31: Largest Expected Move — 9.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.71$50.59$55.01$55.01$50.59
Max Pain$52.84$52.50$55.00$55.00$52.50
ATM IV22.6%16.0%31.2%16.6%31.2%
Expected Move7.1%4.5%9.9%4.7%9.9%
HV 20d13.3%6.8%19.2%6.8%19.2%
HV 60d13.6%11.8%15.7%12.4%15.7%
IV Rank33.7%7.2%68.3%9.7%68.3%
IV Percentile57.1%11.5%93.3%20.6%93.3%
Term Structure0.9%-1.8%5.6%0.0%-1.8%
VWIV25.5%16.2%32.6%16.2%32.6%
Skew 25d5.3%3.0%7.8%3.0%6.9%
Skew 10d11.2%6.2%17.4%6.2%10.5%
Call IV 25d20.3%14.9%28.6%15.2%28.6%
Put IV 25d25.7%18.1%35.5%18.2%35.5%
Bid-Ask Spread %16.263.2042.814.8510.36
Gamma HHI0.130.100.210.170.11
Net GEX8.8M-12.4M27.3M27.3M-12.4M
Net DEX-156.2M-376.7M237.9M-376.7M237.9M
Net VEX-4.1M-4.2M-3.9M-3.9M-3.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.210.522.211.660.65
Total Volume21,3967,63355,54515,43222,691
Total OI494,009456,830519,275456,830510,131

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-05-01$55.01$55.0016.6%4.7%6.8%9.7%16.2%3.0%0.0%27.3M-376.7M-3.9M1.664.855,7979,635208,781248,049
2019-05-02$54.55$55.0016.8%4.9%7.4%10.4%17.3%3.3%-0.1%23.1M-309.7M-3.9M1.673.2014,44224,102209,577250,389
2019-05-03$54.84$55.0016.0%4.5%7.4%7.2%16.2%3.2%0.3%25.1M-323.7M-4.1M2.153.408,30217,832217,531266,931
2019-05-06$54.92$52.5016.9%5.9%7.3%10.9%22.0%3.7%0.4%24.0M-322.6M-4.1M0.763.804,3413,292215,458267,975
2019-05-07$53.85$52.5022.1%7.2%10.2%31.7%25.8%5.5%0.0%11.8M-183.1M-4.2M1.448.1312,41917,928216,403269,780
2019-05-08$54.23$52.5020.5%6.8%10.4%25.3%25.0%4.8%0.6%13.6M-223.7M-4.2M0.749.166,9135,135218,826279,418
2019-05-09$54.28$52.5021.5%7.1%10.4%29.1%26.3%5.5%-0.1%14.3M-232.2M-4.2M0.7620.609,2317,020219,793280,393
2019-05-10$54.66$52.5018.5%6.8%10.6%17.2%24.1%4.6%0.7%17.8M-277.5M-4.1M0.9633.946,5606,293221,540283,526
2019-05-13$53.44$52.5023.2%8.2%12.7%36.0%27.8%5.9%5.4%3.8M-115.8M-4.1M0.6123.368,2024,977215,963278,554
2019-05-14$54.24$52.5020.6%7.1%13.8%25.7%27.0%5.2%3.9%12.0M-206.3M-4.1M1.1430.288,6539,878219,429283,708
2019-05-15$54.53$52.5018.1%6.7%13.9%15.6%24.5%4.8%5.3%18.1M-242.1M-4.1M0.9211.265,5595,108223,452287,166
2019-05-16$54.64$52.5018.6%6.6%13.9%17.5%23.2%4.6%5.6%23.0M-261.4M-4.1M0.5212.529,8545,169225,616290,046
2019-05-17$54.44$52.5020.2%6.8%14.0%24.0%23.7%4.6%5.3%10.4M-234.4M-4.0M0.9342.818,0567,509228,442290,833
2019-05-20$53.67$52.5026.6%8.1%14.8%49.6%31.5%7.8%-1.5%5.5M-149.9M-4.1M1.4926.9310,88616,247201,491267,526
2019-05-21$54.16$52.5022.6%6.6%15.0%33.9%23.9%5.8%1.5%6.9M-204.9M-4.0M1.7227.137,93213,619204,818278,216
2019-05-22$54.35$52.5023.9%6.8%15.0%38.8%25.5%5.5%0.3%8.5M-228.7M-4.0M1.174.328,2719,712206,566283,481
2019-05-23$52.91$52.5028.1%8.1%17.7%55.7%30.0%7.0%-0.9%-4.4M-30.2M-4.1M1.1226.5326,24929,296208,517287,547
2019-05-24$52.82$52.5026.9%7.8%17.4%51.1%27.8%6.6%-0.5%-6.3M-25.8M-4.0M1.3214.0913,84118,229213,134286,935
2019-05-28$52.12$52.5029.4%8.6%17.9%60.9%28.3%6.5%-1.7%-7.5M35.9M-3.9M2.2133.206,70414,849206,920285,756
2019-05-29$51.65$52.5029.6%9.0%18.0%61.9%31.2%6.5%-1.6%-11.5M130.0M-4.0M1.484.658,75212,986210,307294,607
2019-05-30$51.72$52.5029.4%8.8%18.1%60.8%31.8%6.2%-1.7%-10.4M108.8M-3.9M1.133.318,5669,675210,180294,487
2019-05-31$50.59$52.5031.2%9.9%19.2%68.3%32.6%6.9%-1.8%-12.4M237.9M-3.9M0.6510.3613,7638,928212,733297,398