ORCL Options History — June 2019

In June 2019, ORCL traded between $50.06 and $57.09. ATM implied volatility averaged 25.0%, placing in the 43.2% IV rank vs the trailing year. The 30-day expected move averaged 7.2%. IV traded below realized volatility by 1.4% (HV 20d: 26.3%). Max pain ranged from $52.50 to $55.00. Net GEX was positive for 10 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 1.54.

Notable Days

  • 2019-06-20: Highest Volume — 169,479 contracts
  • 2019-06-20: Largest IV drop — 36.1% change
  • 2019-06-03: Highest IV Rank — 69.1%
  • 2019-06-03: Largest Expected Move — 10.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$54.26$50.06$57.09$50.06$56.59
Max Pain$53.25$52.50$55.00$52.50$55.00
ATM IV25.0%17.3%31.4%31.4%18.1%
Expected Move7.2%4.9%10.1%10.1%5.3%
HV 20d26.3%19.0%34.5%19.0%31.3%
HV 60d19.1%15.8%22.4%15.8%22.1%
IV Rank43.2%12.5%69.1%69.1%15.7%
IV Percentile67.1%27.4%93.7%93.7%33.7%
Term Structure-0.9%-2.9%0.8%-2.4%0.1%
VWIV25.8%18.0%36.2%35.7%22.7%
Skew 25d5.7%3.8%7.3%7.3%4.0%
Skew 10d12.1%7.9%21.9%21.9%7.9%
Call IV 25d22.3%16.5%27.7%27.7%16.5%
Put IV 25d28.0%20.3%35.0%35.0%20.5%
Bid-Ask Spread %3.852.739.033.603.78
Gamma HHI0.110.100.210.110.10
Net GEX2.3M-12.9M39.3M-12.9M-5.4M
Net DEX-171.0M-778.7M239.0M239.0M-173.4M
Net VEX-4.0M-4.4M-3.5M-3.8M-4.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.540.692.841.782.51
Total Volume41,169.49,834169,47920,00432,081
Total OI542,467.65479,058694,717500,288531,354

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-06-03$50.06$52.5031.4%10.1%19.0%69.1%35.7%7.3%-2.4%-12.9M239.0M-3.8M1.783.607,20512,799210,668289,620
2019-06-04$51.99$52.5029.4%9.6%24.2%61.0%33.8%6.4%-0.9%-5.6M18.9M-4.0M1.345.1414,41719,355214,273296,642
2019-06-05$52.03$52.5029.4%10.1%23.4%60.9%36.2%6.3%-1.5%-6.1M14.4M-4.0M2.744.287,91021,671219,269303,911
2019-06-06$52.64$52.5028.7%7.6%23.7%58.3%27.1%6.5%-1.6%-2.0M-59.9M-4.0M1.083.0410,85511,737222,077312,556
2019-06-07$53.23$52.5028.1%7.5%24.1%55.9%25.6%6.2%-1.6%150.9K-147.1M-4.1M1.153.7611,20012,839226,151317,325
2019-06-10$54.00$52.5027.9%7.3%24.6%55.1%26.7%6.5%-1.8%5.5M-215.4M-4.0M0.694.4710,1076,996219,691311,944
2019-06-11$54.00$52.5027.3%7.2%23.2%52.7%25.6%6.1%-1.9%7.7M-227.2M-4.0M1.134.307,8028,788225,431313,973
2019-06-12$53.62$52.5027.8%7.9%22.7%54.6%28.0%6.4%-0.0%2.3M-166.2M-3.9M1.133.095,9866,748226,403317,458
2019-06-13$53.73$52.5027.6%8.0%22.6%53.8%29.7%6.8%0.3%2.1M-174.3M-3.9M1.702.883,6436,191226,134318,655
2019-06-14$53.49$52.5027.8%7.9%22.6%54.7%25.3%6.9%-0.1%9.2M-142.9M-3.9M0.982.738,5698,385226,770320,545
2019-06-17$53.30$52.5028.2%8.1%22.6%56.2%26.4%6.5%-2.6%-408.2K-111.1M-3.8M2.673.315,63015,023220,735314,220
2019-06-18$52.97$52.5028.6%8.2%22.1%57.8%28.9%6.9%-2.3%-4.0M-58.0M-3.8M2.843.3216,96648,193223,215322,244
2019-06-19$53.02$52.5029.2%8.4%21.8%60.3%30.2%6.3%-2.9%-6.7M-37.3M-3.9M1.699.0349,64983,948227,653347,839
2019-06-20$57.09$52.5018.7%5.4%34.5%18.0%20.0%4.1%0.1%39.3M-778.7M-3.5M0.932.9887,78481,695251,735395,534
2019-06-21$56.50$55.0017.3%4.9%33.1%12.5%20.3%4.6%0.8%21.0M-561.3M-4.0M1.474.2534,05650,060261,254433,463
2019-06-24$57.01$55.0018.2%5.3%33.1%16.2%19.1%3.8%-0.2%4.8M-268.1M-4.1M1.463.2414,21120,687177,892301,166
2019-06-25$56.33$55.0018.9%5.4%33.0%18.9%19.0%3.9%-0.2%-1.1M-159.8M-4.3M1.093.3911,08312,031182,495314,470
2019-06-26$56.73$55.0018.7%5.4%32.7%17.9%18.6%4.1%0.0%366.4K-202.4M-4.3M1.053.2212,47813,105186,168320,315
2019-06-27$56.91$55.0017.9%5.2%32.6%15.1%18.0%4.2%-0.0%-1.8M-209.0M-4.3M1.353.2013,40818,097190,961327,144
2019-06-28$56.59$55.0018.1%5.3%31.3%15.7%22.7%4.0%0.1%-5.4M-173.4M-4.4M2.513.789,12822,953194,941336,413