ORCL Options History — July 2019

In July 2019, ORCL traded between $56.50 and $60.16. ATM implied volatility averaged 15.9%, placing in the 6.7% IV rank vs the trailing year. The 30-day expected move averaged 4.5%. IV traded below realized volatility by 7.2% (HV 20d: 23.1%). Max pain ranged from $55.00 to $60.00. Net GEX was positive for 13 of 22 trading days. Term structure was in contango for 13 of 22 days. Put/call ratio averaged 1.17.

Notable Days

  • 2019-07-15: Highest Volume — 78,386 contracts
  • 2019-07-16: Largest IV spike — 14.1% change
  • 2019-07-31: Highest IV Rank — 15.2%
  • 2019-07-31: Largest Expected Move — 5.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$58.51$56.50$60.16$58.00$56.50
Max Pain$58.05$55.00$60.00$55.00$58.00
ATM IV15.9%14.7%18.0%15.9%18.0%
Expected Move4.5%4.0%5.2%4.5%5.2%
HV 20d23.1%11.6%31.4%31.4%12.6%
HV 60d23.0%22.6%23.5%22.6%23.5%
IV Rank6.7%2.0%15.2%6.8%15.2%
IV Percentile13.7%1.2%33.7%9.5%33.7%
Term Structure0.1%-0.7%0.6%0.2%-0.4%
VWIV16.4%14.5%20.6%16.7%17.5%
Skew 25d3.3%2.8%4.1%3.3%3.4%
Skew 10d7.7%6.4%10.2%7.1%7.4%
Call IV 25d14.6%13.6%16.6%14.7%16.6%
Put IV 25d17.9%16.6%19.9%18.0%19.9%
Bid-Ask Spread %3.332.097.072.887.07
Gamma HHI0.120.070.240.110.08
Net GEX304.1K-25.3M14.3M8.0M-6.5M
Net DEX-252.6M-519.0M41.8M-335.0M41.8M
Net VEX-4.2M-4.3M-3.8M-4.1M-4.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.170.192.730.871.29
Total Volume32,049.77311,84678,38629,28829,807
Total OI543,904.091498,638596,373498,638551,483

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-07-01$58.00$55.0015.9%4.5%31.4%6.8%16.7%3.3%0.2%8.0M-335.0M-4.1M0.872.8815,68513,603181,510317,128
2019-07-02$58.48$55.0015.0%4.2%29.3%3.0%15.5%3.1%0.3%10.3M-400.7M-4.0M2.063.2811,63624,003185,740325,375
2019-07-03$58.82$55.0014.7%4.0%29.2%2.0%14.5%3.0%0.4%12.0M-435.1M-4.0M1.603.0510,61016,956190,223326,063
2019-07-05$59.24$55.0015.2%4.3%29.2%3.9%16.5%3.0%0.3%12.7M-490.2M-3.9M0.672.7815,80310,565191,649330,682
2019-07-08$59.52$55.0015.3%4.4%29.1%4.2%16.3%3.3%0.2%14.3M-478.1M-3.8M2.732.8012,23733,397185,702323,558
2019-07-09$59.41$57.5015.3%4.4%29.0%4.3%15.7%3.4%-0.0%9.4M-419.7M-4.0M1.232.0911,65414,373191,528342,945
2019-07-10$60.16$57.5015.1%4.4%29.1%3.7%15.4%2.9%0.1%12.3M-519.0M-4.0M1.873.2221,46240,107195,512350,911
2019-07-11$59.73$57.5015.2%4.4%29.1%4.1%17.1%2.8%0.1%3.2M-400.1M-4.2M1.522.1911,35517,249204,588369,822
2019-07-12$59.72$60.0014.7%4.2%29.1%2.2%20.6%3.0%-0.0%3.7M-395.0M-4.2M2.492.6211,65329,000207,740373,988
2019-07-15$59.50$60.0014.8%4.2%29.1%2.4%17.2%3.6%0.6%1.5M-329.5M-4.2M0.192.7665,64512,741201,860375,396
2019-07-16$58.72$60.0016.9%4.9%29.7%10.8%16.2%4.1%-0.7%-9.3M-163.9M-4.3M0.762.3913,81610,473196,809380,722
2019-07-17$58.10$60.0016.4%4.7%29.9%8.9%16.2%3.7%-0.0%-19.8M-59.9M-4.3M0.992.4212,83912,657198,953383,466
2019-07-18$58.01$60.0016.3%4.7%30.0%8.4%15.8%3.9%-0.2%-25.3M-56.4M-4.2M0.996.6714,99214,777203,271387,975
2019-07-19$57.72$60.0016.0%4.5%15.2%7.0%15.6%3.5%0.5%-8.0M13.2M-4.2M1.693.3814,20723,999207,230389,143
2019-07-22$57.61$60.0016.1%4.5%14.7%7.6%16.1%3.4%0.2%-11.2M-60.9M-4.2M1.032.946,5406,766182,852321,646
2019-07-23$57.50$60.0016.1%4.6%14.4%7.5%15.6%3.2%0.1%-11.5M-53.2M-4.2M0.953.786,5726,214186,559323,156
2019-07-24$58.18$59.5016.9%4.8%14.1%10.7%16.5%3.4%-0.2%-5.4M-187.2M-4.1M0.284.0137,62310,635190,835322,393
2019-07-25$58.20$58.0016.8%4.9%14.0%10.3%16.6%3.3%0.1%1.4M-225.4M-4.3M0.523.0224,53412,688207,711326,213
2019-07-26$58.45$58.0015.5%4.4%14.0%5.2%15.3%3.0%0.0%13.5M-283.9M-4.3M0.623.4713,1358,118218,877332,162
2019-07-29$58.09$58.0016.4%4.7%14.0%8.7%16.4%3.3%-0.1%2.5M-209.9M-4.3M1.013.106,5286,595214,145326,894
2019-07-30$57.50$58.0017.1%4.9%11.6%11.6%17.1%3.5%-0.2%-1.0M-109.7M-4.3M0.483.247,9793,867215,253326,222
2019-07-31$56.50$58.0018.0%5.2%12.6%15.2%17.5%3.4%-0.4%-6.5M41.8M-4.3M1.297.0712,98916,818217,043334,440