ORCL Options History — January 2022

In January 2022, ORCL traded between $79.53 and $89.03. ATM implied volatility averaged 27.2%, placing in the 40.1% IV rank vs the trailing year. The 30-day expected move averaged 7.9%. IV traded below realized volatility by 7.6% (HV 20d: 34.8%). Max pain ranged from $80.00 to $90.00. Net GEX was positive for 15 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.56.

Notable Days

  • 2022-01-05: Highest Volume — 321,988 contracts
  • 2022-01-18: Largest IV spike — 11.5% change
  • 2022-01-24: Highest IV Rank — 62.3%
  • 2022-01-25: Largest Expected Move — 9.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$84.85$79.53$89.03$87.79$80.79
Max Pain$85.45$80.00$90.00$80.00$82.00
ATM IV27.2%22.8%31.9%23.1%27.4%
Expected Move7.9%6.3%9.4%6.5%7.9%
HV 20d34.8%17.7%66.3%65.6%20.1%
HV 60d40.3%39.9%40.6%40.2%40.4%
IV Rank40.1%19.2%62.3%20.6%41.3%
IV Percentile65.4%33.7%92.5%36.5%66.7%
Term Structure0.1%-1.8%7.2%0.5%7.2%
VWIV27.7%22.3%34.7%24.1%27.6%
Skew 25d4.6%2.4%8.0%2.4%4.9%
Skew 10d9.7%5.1%15.0%5.5%10.5%
Call IV 25d26.0%22.5%30.3%23.1%26.2%
Put IV 25d30.6%25.5%36.9%25.5%31.1%
Bid-Ask Spread %5.412.3414.243.163.45
Gamma HHI0.090.060.120.070.06
Net GEX15.4M-8.8M41.6M17.0M-2.3M
Net DEX-148.7M-710.0M211.3M-518.9M82.4M
Net VEX-5.1M-5.4M-4.9M-5.1M-5.1M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.560.051.090.240.59
Total Volume62,237.224,348321,98893,01524,348
Total OI521,243.95364,235596,301561,294402,315

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-01-03$87.79$80.0023.1%6.5%65.6%20.6%24.1%2.4%0.5%17.0M-518.9M-5.1M0.243.1675,24117,774304,480256,814
2022-01-04$88.79$80.0022.8%6.3%65.6%19.2%22.3%3.1%0.1%41.6M-710.0M-5.3M0.182.7071,55212,794330,230259,558
2022-01-05$86.51$80.0025.1%7.0%66.1%30.2%22.8%4.3%0.0%23.9M-431.1M-5.2M0.052.89305,92616,062334,257262,044
2022-01-06$86.29$90.0025.7%7.3%66.0%33.3%25.6%4.4%0.2%21.5M-169.1M-5.3M0.5114.2430,28615,493308,515267,340
2022-01-07$87.78$90.0025.0%7.3%66.3%29.7%25.8%2.7%-0.0%33.9M-378.6M-5.4M0.336.2760,31020,152312,588269,083
2022-01-10$89.03$90.0026.3%7.4%36.3%36.0%26.5%3.7%-0.6%33.6M-452.3M-5.4M0.358.8752,31618,142290,377259,565
2022-01-11$88.48$90.0024.9%7.2%36.1%29.4%24.9%3.4%0.5%29.6M-385.4M-5.3M0.2412.0939,2459,369294,199264,221
2022-01-12$88.29$87.5024.3%7.1%36.0%26.4%24.9%3.6%0.1%33.6M-380.2M-5.3M0.263.0530,0777,817304,147265,514
2022-01-13$87.87$87.5025.4%7.3%33.1%31.9%25.8%3.6%-0.1%29.9M-342.9M-5.3M0.572.7423,26013,266307,849266,770
2022-01-14$87.63$87.5024.9%7.2%32.8%29.5%25.5%3.8%0.4%24.5M-294.8M-5.1M0.773.7126,03819,928309,046268,609
2022-01-18$85.47$87.5027.8%8.0%23.6%43.1%27.8%4.5%-0.9%16.0M-79.8M-5.0M0.692.3421,95315,128297,452266,619
2022-01-19$83.69$87.5028.2%8.1%18.4%44.9%27.6%4.9%-1.8%10.1M106.6M-4.9M0.463.3625,09911,589300,507270,386
2022-01-20$83.22$87.5027.4%7.9%18.4%41.2%27.7%4.3%-0.7%9.1M134.1M-4.9M0.702.9918,63112,985305,779270,223
2022-01-21$82.47$87.5030.6%8.8%17.8%56.2%31.1%5.6%-0.5%3.0M187.7M-4.9M0.975.0124,26523,488309,396271,158
2022-01-24$81.88$87.5031.9%9.4%17.7%62.3%34.7%6.6%0.1%858.3K57.2M-4.9M1.016.3829,34429,644208,695155,540
2022-01-25$81.40$82.5031.7%9.4%17.7%61.4%34.0%8.0%-0.7%-406.1K75.8M-5.0M1.096.1717,23518,726220,241170,326
2022-01-26$79.53$82.5030.6%9.1%18.9%56.6%32.0%7.3%-0.7%-5.4M211.3M-4.9M0.807.9719,07115,337227,763178,740
2022-01-27$80.19$80.0031.0%9.3%19.5%58.4%33.7%5.9%-0.2%-3.9M152.6M-5.1M0.786.0919,40015,104233,600181,264
2022-01-28$79.99$82.0029.5%8.6%19.5%51.2%29.8%5.3%-0.1%-8.8M162.4M-5.1M0.604.6523,98814,361237,860181,809
2022-01-31$80.79$82.0027.4%7.9%20.1%41.3%27.6%4.9%7.2%-2.3M82.4M-5.1M0.593.4515,3419,007224,911177,404