ORCL Options History — November 2021

In November 2021, ORCL traded between $91.42 and $96.20. ATM implied volatility averaged 28.1%, placing in the 53.7% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 11.6% (HV 20d: 16.5%). Max pain ranged from $90.00 to $95.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 10 of 21 days. Put/call ratio averaged 0.82.

Notable Days

2021-11-19: Highest Volume — 84,364 contracts
2021-11-30: Largest IV spike — 8.9% change
2021-11-30: Highest IV Rank — 90.6%
2021-11-30: Largest Expected Move — 11.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$94.33	$91.42	$96.20	$94.14	$91.42
Max Pain	$91.67	$90.00	$95.00	$95.00	$92.50
ATM IV	28.1%	20.5%	34.6%	20.5%	34.6%
Expected Move	8.7%	6.3%	11.6%	6.3%	11.6%
HV 20d	16.5%	14.0%	19.0%	19.0%	18.2%
HV 60d	19.7%	18.9%	21.1%	18.9%	21.1%
IV Rank	53.7%	10.2%	90.6%	10.2%	90.6%
IV Percentile	71.0%	11.5%	99.6%	11.5%	99.6%
Term Structure	0.6%	-2.2%	5.4%	5.4%	-1.4%
VWIV	30.9%	22.4%	41.4%	22.4%	41.4%
Skew 25d	2.5%	-0.9%	5.9%	1.4%	3.8%
Skew 10d	4.3%	-3.2%	11.4%	4.2%	9.1%
Call IV 25d	28.3%	21.4%	34.2%	21.7%	33.6%
Put IV 25d	30.7%	23.1%	38.9%	23.1%	37.4%
Bid-Ask Spread %	5.33	2.51	17.93	3.34	9.99
Gamma HHI	0.12	0.08	0.22	0.12	0.08
Net GEX	24.2M	11.7M	35.9M	22.4M	13.5M
Net DEX	-1.04B	-1.27B	-793.2M	-1.02B	-793.2M
Net VEX	-6.0M	-6.4M	-5.7M	-6.2M	-5.8M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.82	0.39	1.42	1.01	0.89
Total Volume	34,855.19	22,203	84,364	36,063	28,316
Total OI	550,694.095	511,581	577,797	543,501	521,981

Daily Data (21 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2021-11-01	$94.14	$95.00	20.5%	6.3%	19.0%	10.2%	22.4%	1.4%	5.4%	22.4M	-1.02B	-6.2M	1.01	3.34	17,935	18,128	280,423	263,078
2021-11-02	$95.81	$95.00	21.7%	6.3%	18.1%	17.0%	22.4%	2.5%	3.4%	30.9M	-1.23B	-6.2M	0.63	3.57	16,729	10,499	283,896	265,092
2021-11-03	$96.20	$95.00	21.9%	6.3%	18.0%	17.9%	22.8%	2.3%	0.9%	34.7M	-1.27B	-6.2M	0.57	9.31	19,684	11,244	287,428	267,781
2021-11-04	$95.43	$90.00	23.1%	8.2%	18.1%	24.7%	29.3%	2.0%	4.8%	31.4M	-1.15B	-6.4M	0.65	3.12	17,788	11,620	290,533	270,404
2021-11-05	$95.07	$90.00	23.8%	8.3%	15.8%	29.2%	29.8%	2.0%	5.4%	27.8M	-1.11B	-6.2M	0.79	4.20	19,222	15,150	291,634	272,183
2021-11-08	$95.17	$90.00	25.8%	8.6%	15.3%	40.5%	30.6%	0.1%	2.8%	27.7M	-1.13B	-6.1M	0.83	3.88	13,516	11,255	281,367	268,384
2021-11-09	$94.66	$90.00	27.0%	8.5%	15.4%	47.1%	29.6%	5.9%	1.3%	26.1M	-1.03B	-6.3M	0.39	3.02	25,103	9,715	283,769	270,980
2021-11-10	$93.81	$90.00	28.4%	8.4%	15.3%	54.9%	29.9%	3.5%	2.6%	21.0M	-919.0M	-6.2M	0.96	3.56	14,335	13,752	288,524	272,871
2021-11-11	$94.18	$90.00	27.1%	8.2%	14.8%	47.8%	29.0%	-0.9%	1.6%	25.2M	-1.00B	-5.9M	0.76	2.51	13,491	10,309	289,407	273,632
2021-11-12	$93.56	$90.00	28.1%	8.4%	14.9%	53.1%	29.6%	1.9%	1.1%	21.4M	-921.8M	-5.9M	0.77	3.96	16,745	12,863	294,176	275,608
2021-11-15	$93.85	$90.00	28.2%	8.3%	14.0%	54.0%	29.6%	3.2%	-0.9%	23.5M	-950.6M	-5.8M	0.82	5.07	14,932	12,233	286,504	274,420
2021-11-16	$95.99	$90.00	30.1%	8.8%	16.3%	64.8%	30.4%	2.3%	-1.0%	34.3M	-1.26B	-5.8M	0.51	9.32	37,388	19,002	287,133	275,933
2021-11-17	$95.52	$90.00	29.8%	8.6%	16.4%	63.4%	29.8%	2.5%	-1.8%	35.9M	-1.15B	-6.0M	0.79	4.10	18,011	14,153	293,226	281,820
2021-11-18	$94.76	$92.50	29.7%	8.6%	16.5%	62.7%	31.0%	2.8%	-1.3%	33.2M	-1.07B	-5.8M	1.42	3.02	16,882	24,047	292,760	282,704
2021-11-19	$94.08	$92.50	30.6%	8.9%	14.8%	67.5%	31.4%	2.0%	-1.2%	15.3M	-963.5M	-5.9M	0.47	17.93	57,527	26,837	295,510	282,287
2021-11-22	$95.28	$92.50	30.7%	9.2%	15.7%	68.2%	32.5%	1.8%	-1.4%	23.4M	-1.11B	-5.8M	1.15	3.67	18,366	21,161	262,942	248,639
2021-11-23	$92.92	$92.50	32.2%	9.9%	17.7%	76.8%	34.5%	2.5%	-1.4%	13.7M	-913.1M	-5.8M	0.96	4.03	23,748	22,806	267,978	251,586
2021-11-24	$93.19	$92.50	31.7%	9.6%	17.5%	73.7%	35.1%	2.6%	-1.9%	15.7M	-938.2M	-5.8M	1.27	3.61	13,439	17,036	277,045	258,393
2021-11-26	$92.54	$92.50	34.3%	11.1%	17.6%	88.5%	39.4%	4.7%	-2.2%	11.7M	-844.3M	-6.0M	0.98	5.87	11,188	11,015	277,963	258,614
2021-11-29	$93.27	$92.50	31.8%	10.6%	18.0%	74.6%	37.7%	3.4%	-1.3%	18.6M	-975.7M	-5.7M	0.66	4.89	14,954	9,835	265,671	250,297
2021-11-30	$91.42	$92.50	34.6%	11.6%	18.2%	90.6%	41.4%	3.8%	-1.4%	13.5M	-793.2M	-5.8M	0.89	9.99	14,956	13,360	268,754	253,227