ORCL Options History — April 2021

In April 2021, ORCL traded between $71.62 and $79.26. ATM implied volatility averaged 21.1%, placing in the 4.6% IV rank vs the trailing year. The 30-day expected move averaged 5.9%. IV traded below realized volatility by 3.8% (HV 20d: 24.9%). Max pain ranged from $66.00 to $75.00. Net GEX was positive for 19 of 21 trading days. Term structure was in contango for 11 of 21 days. Put/call ratio averaged 0.87.

Notable Days

  • 2021-04-06: Highest Volume — 179,576 contracts
  • 2021-04-19: Largest IV spike — 10.9% change
  • 2021-04-20: Highest IV Rank — 11.2%
  • 2021-04-19: Largest Expected Move — 6.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$75.86$71.62$79.26$71.62$75.76
Max Pain$72.79$66.00$75.00$66.00$75.00
ATM IV21.1%20.0%22.6%20.7%20.5%
Expected Move5.9%5.5%6.5%5.5%5.6%
HV 20d24.9%18.8%40.4%40.4%22.9%
HV 60d30.0%29.1%30.8%29.1%30.2%
IV Rank4.6%0.0%11.2%2.2%2.5%
IV Percentile4.4%0.0%14.3%1.2%2.8%
Term Structure-0.1%-1.7%1.3%-0.7%0.4%
VWIV21.4%19.4%23.4%19.4%20.3%
Skew 25d0.2%-1.9%1.7%0.1%1.0%
Skew 10d2.8%-1.7%13.9%6.6%3.4%
Call IV 25d22.5%20.4%31.6%21.5%20.5%
Put IV 25d22.7%20.6%30.7%21.5%21.6%
Bid-Ask Spread %4.493.3212.673.903.91
Gamma HHI0.150.080.340.140.12
Net GEX24.4M-27.2M51.4M51.4M28.7M
Net DEX-836.0M-1.23B-417.5M-887.9M-655.7M
Net VEX-5.1M-6.0M-4.1M-4.3M-5.8M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.870.183.160.250.64
Total Volume52,712.28611,059179,57633,81321,148
Total OI503,477.143439,229560,137462,818553,290

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-04-01$71.62$66.0020.7%5.5%40.4%2.2%19.4%0.1%-0.7%51.4M-887.9M-4.3M0.253.9027,0516,762279,904182,914
2021-04-05$74.13$67.5021.8%6.3%35.2%6.1%22.7%1.7%1.3%43.2M-1.09B-4.1M0.3912.6756,02921,684266,345172,884
2021-04-06$74.28$67.5022.0%6.2%33.7%6.9%22.2%-1.9%-0.5%34.7M-1.07B-4.2M0.184.33151,73727,839268,789192,233
2021-04-07$74.15$67.5022.0%5.9%33.6%8.0%21.0%-1.0%-1.7%35.3M-770.6M-4.5M0.654.6227,40517,676250,693202,483
2021-04-08$75.42$70.0020.0%5.8%33.9%0.0%20.9%-0.1%0.1%48.1M-936.5M-4.3M0.483.4037,15117,741255,729209,830
2021-04-09$75.56$70.0020.2%5.6%20.1%0.8%20.1%-0.3%-0.1%42.1M-916.7M-4.6M0.793.8820,45416,142259,738216,166
2021-04-12$76.12$72.5020.9%5.9%19.7%3.9%23.4%0.4%-0.4%34.7M-947.5M-4.5M0.953.3314,96714,233253,912211,444
2021-04-13$76.88$72.5020.6%5.7%19.8%2.8%20.0%-0.5%-0.9%34.6M-1.03B-4.5M0.743.5234,97725,812259,720221,169
2021-04-14$76.76$75.0020.6%5.7%19.2%2.5%20.7%0.3%-0.4%34.0M-989.4M-4.7M0.774.4314,60011,204269,604234,008
2021-04-15$78.28$75.0021.5%6.0%18.8%6.6%21.7%-0.2%-0.7%35.4M-1.13B-4.7M0.666.1237,05624,459270,660241,595
2021-04-16$79.17$75.0020.3%5.7%18.8%1.3%20.7%-0.4%-0.5%30.0M-1.23B-4.8M0.613.4129,29317,937281,251259,588
2021-04-19$78.51$75.0022.5%6.5%19.3%10.9%23.3%1.2%0.5%21.0M-1.02B-5.2M0.577.4443,02924,723248,475217,858
2021-04-20$79.26$75.0022.6%6.4%18.8%11.2%23.4%-0.5%0.1%22.1M-1.12B-5.3M1.933.3716,68932,139267,863231,397
2021-04-21$77.01$75.0022.0%6.3%23.0%8.8%22.9%-0.8%0.2%5.6M-718.5M-6.0M2.713.4529,98581,367274,491250,589
2021-04-22$75.06$75.0021.8%6.2%25.5%7.7%21.9%1.1%0.2%-6.9M-459.4M-5.7M3.163.8619,75262,462280,863267,561
2021-04-23$74.83$75.0020.3%5.8%24.8%1.4%20.5%0.6%0.5%-27.2M-417.5M-5.8M1.033.4323,82524,573285,400274,737
2021-04-26$74.44$75.0020.8%5.8%24.5%3.7%20.9%1.4%0.5%5.8M-441.3M-5.8M0.673.3212,7118,504279,256252,446
2021-04-27$75.10$75.0021.0%5.9%23.7%4.2%21.4%1.1%0.0%10.4M-553.9M-5.9M0.353.9114,5045,095283,329255,898
2021-04-28$74.81$75.0020.8%5.7%23.5%3.5%20.7%0.6%-0.1%9.3M-505.3M-5.8M0.453.497,6283,431287,059256,762
2021-04-29$75.81$75.0020.3%5.7%23.6%1.3%21.1%1.0%0.2%20.5M-669.9M-5.9M0.354.4417,2085,976288,930256,157
2021-04-30$75.76$75.0020.5%5.6%22.9%2.5%20.3%1.0%0.4%28.7M-655.7M-5.8M0.643.9112,9128,236293,869259,421