ORCL Options History — August 2019

In August 2019, ORCL traded between $51.57 and $56.11. ATM implied volatility averaged 27.0%, placing in the 51.1% IV rank vs the trailing year. The 30-day expected move averaged 8.4%. IV traded above realized volatility by 6.2% (HV 20d: 20.9%). Max pain ranged from $57.50 to $58.00. Net GEX was positive for 0 of 22 trading days. Term structure was in contango for 9 of 22 days. Put/call ratio averaged 1.35.

Notable Days

  • 2019-08-14: Highest Volume — 37,481 contracts
  • 2019-08-14: Largest IV spike — 35.0% change
  • 2019-08-23: Highest IV Rank — 73.0%
  • 2019-08-27: Largest Expected Move — 9.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$53.34$51.57$56.11$56.11$51.91
Max Pain$57.55$57.50$58.00$58.00$57.50
ATM IV27.0%19.9%32.5%19.9%29.8%
Expected Move8.4%5.9%9.7%5.9%9.4%
HV 20d20.9%11.9%26.1%12.4%25.9%
HV 60d24.6%23.2%25.8%23.2%24.2%
IV Rank51.1%22.9%73.0%22.9%61.9%
IV Percentile76.1%47.6%94.8%47.6%87.3%
Term Structure0.2%-2.4%6.5%-0.8%-1.6%
VWIV28.5%21.3%33.1%21.3%32.1%
Skew 25d5.4%3.7%7.9%3.9%5.5%
Skew 10d10.7%7.2%13.4%8.9%10.7%
Call IV 25d24.3%18.3%30.0%18.3%27.5%
Put IV 25d29.7%22.2%36.3%22.2%33.0%
Bid-Ask Spread %6.293.4211.714.344.95
Gamma HHI0.120.080.240.080.10
Net GEX-15.9M-31.4M-8.9M-10.4M-12.8M
Net DEX281.6M87.5M434.2M87.5M329.7M
Net VEX-3.9M-4.3M-3.6M-4.3M-3.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.350.283.472.410.89
Total Volume15,585.0914,51737,48128,9408,131
Total OI522,150.182464,721565,665552,937492,266

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2019-08-01$56.11$58.0019.9%5.9%12.4%22.9%21.3%3.9%-0.8%-10.4M87.5M-4.3M2.414.348,47620,464219,417333,520
2019-08-02$55.85$58.0020.4%6.0%11.9%25.1%21.6%5.2%-0.5%-10.7M116.4M-4.3M3.475.075,83420,262221,048335,826
2019-08-05$53.99$57.5025.9%8.2%15.9%46.8%28.2%5.8%0.4%-17.2M328.5M-4.3M1.2410.098,94711,137214,746336,003
2019-08-06$54.01$57.5023.3%7.6%15.9%36.5%27.8%5.5%0.8%-19.2M314.9M-4.2M1.295.956,4738,323216,902335,636
2019-08-07$53.42$57.5024.2%8.4%14.7%40.3%26.6%5.2%0.4%-22.0M384.1M-4.1M2.106.639,83120,603217,383339,705
2019-08-08$54.70$57.5022.2%7.6%18.0%31.9%25.1%4.7%0.6%-15.6M190.0M-4.1M0.376.459,0093,350221,472335,604
2019-08-09$54.11$57.5023.0%7.6%18.1%35.3%26.7%5.1%2.5%-20.3M272.5M-4.1M1.165.073,8354,453224,778335,712
2019-08-12$53.25$57.5026.1%8.7%18.5%46.9%28.3%4.6%2.7%-21.5M361.8M-4.0M1.326.147,4999,921218,757333,317
2019-08-13$54.00$57.5022.6%7.7%19.5%32.5%27.1%3.7%4.5%-19.6M268.0M-4.0M1.636.014,3957,162223,094337,098
2019-08-14$52.50$57.5030.4%8.9%21.2%64.6%29.9%7.9%-2.4%-26.3M434.2M-3.9M1.495.3315,03522,446224,041336,194
2019-08-15$52.53$57.5027.5%9.0%21.3%52.6%31.1%5.9%5.1%-31.4M410.5M-3.9M3.324.394,60815,305225,256335,710
2019-08-16$53.55$57.5025.8%8.6%22.9%45.5%28.9%5.0%6.5%-23.3M279.7M-3.9M0.815.255,0444,101227,233338,432
2019-08-19$53.99$57.5027.5%8.3%23.3%52.6%27.9%5.4%-1.2%-9.6M150.2M-3.9M0.363.426,2172,267184,971279,750
2019-08-20$53.01$57.5029.0%8.5%23.9%58.8%28.5%5.5%-1.5%-11.4M240.9M-3.8M1.015.3210,05510,165186,575280,823
2019-08-21$53.19$57.5029.3%8.4%23.4%60.0%27.6%5.2%-1.4%-10.2M222.9M-3.8M0.564.238,8164,910193,018284,026
2019-08-22$53.30$57.5029.6%8.6%23.4%61.2%29.9%5.7%-1.7%-8.9M200.9M-3.8M3.237.393,0759,946195,121282,524
2019-08-23$51.57$57.5032.5%9.5%25.2%73.0%31.8%6.3%-2.2%-12.8M367.7M-3.7M1.0911.717,7528,420196,502289,012
2019-08-26$51.98$57.5032.2%9.6%25.7%71.9%31.1%6.5%-1.7%-11.8M322.7M-3.7M0.7310.202,6121,905192,725286,925
2019-08-27$52.35$57.5031.8%9.7%26.1%70.0%33.1%5.9%-1.4%-11.2M282.1M-3.8M0.658.743,0421,981194,203288,123
2019-08-28$51.90$57.5031.6%9.7%25.7%69.5%31.7%5.8%-1.6%-12.4M328.0M-3.7M0.325.977,3352,378195,461288,538
2019-08-29$52.20$57.5030.2%9.3%25.9%63.8%30.0%5.7%-1.7%-11.1M302.0M-3.6M0.285.635,7551,597200,493289,364
2019-08-30$51.91$57.5029.8%9.4%25.9%61.9%32.1%5.5%-1.6%-12.8M329.7M-3.6M0.894.954,2943,837202,393289,873