ORCL Options History — March 2022

In March 2022, ORCL traded between $73.59 and $84.31. ATM implied volatility averaged 34.5%, placing in the 50.0% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 1.5% (HV 20d: 33.0%). Max pain ranged from $77.50 to $82.50. Net GEX was positive for 20 of 23 trading days. Term structure was in contango for 12 of 23 days. Put/call ratio averaged 0.74.

Notable Days

2022-03-11: Highest Volume — 165,484 contracts
2022-03-11: Largest IV drop — 29.6% change
2022-03-01: Highest IV Rank — 100.0%
2022-03-10: Largest Expected Move — 23.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$79.47	$73.59	$84.31	$75.83	$83.32
Max Pain	$80.74	$77.50	$82.50	$82.50	$80.00
ATM IV	34.5%	21.8%	51.5%	47.2%	23.0%
Expected Move	11.8%	6.4%	23.1%	16.2%	6.8%
HV 20d	33.0%	30.1%	37.0%	30.3%	30.1%
HV 60d	32.4%	26.9%	43.5%	42.9%	28.0%
IV Rank	50.0%	9.5%	100.0%	100.0%	13.1%
IV Percentile	69.9%	22.2%	100.0%	100.0%	30.6%
Term Structure	-0.9%	-6.9%	0.7%	-1.9%	0.3%
VWIV	41.5%	23.0%	81.6%	57.4%	23.5%
Skew 25d	5.3%	1.2%	8.8%	6.9%	3.6%
Skew 10d	11.2%	6.9%	15.5%	15.5%	6.9%
Call IV 25d	32.7%	20.8%	51.3%	44.8%	21.7%
Put IV 25d	38.1%	24.1%	57.2%	51.7%	25.3%
Bid-Ask Spread %	5.86	3.39	14.11	5.90	4.24
Gamma HHI	0.07	0.05	0.10	0.07	0.08
Net GEX	11.6M	-2.4M	27.2M	526.1K	27.2M
Net DEX	-132.5M	-542.5M	300.5M	179.6M	-470.9M
Net VEX	-5.2M	-5.5M	-5.0M	-5.2M	-5.1M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.74	0.40	1.20	1.20	0.78
Total Volume	46,771.826	17,615	165,484	20,933	17,615
Total OI	454,859.783	385,947	548,682	445,692	421,932

Daily Data (23 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
2022-03-01	$75.83	$82.50	47.2%	16.2%	30.3%	100.0%	57.4%	6.9%	-1.9%	526.1K	179.6M	-5.2M	1.20	5.90	9,513	11,420	247,714	197,978
2022-03-02	$78.33	$82.50	44.1%	15.8%	32.8%	89.3%	55.3%	8.0%	0.1%	4.8M	3.5M	-5.4M	0.51	6.81	29,555	15,049	249,740	202,322
2022-03-03	$78.19	$82.50	46.0%	16.5%	32.1%	95.7%	57.7%	7.0%	-2.8%	7.0M	1.4M	-5.5M	0.78	5.09	23,960	18,667	256,283	206,257
2022-03-04	$76.11	$82.50	49.3%	18.2%	33.2%	100.0%	63.2%	6.3%	-2.5%	-2.4M	157.3M	-5.4M	0.87	4.22	18,521	16,086	261,399	210,004
2022-03-07	$74.64	$82.50	51.3%	20.3%	33.4%	100.0%	71.3%	8.1%	-2.3%	-570.5K	240.8M	-5.2M	0.72	3.64	17,283	12,522	250,336	200,648
2022-03-08	$73.59	$82.50	51.5%	21.1%	33.2%	100.0%	73.4%	1.2%	-1.2%	-2.0M	300.5M	-5.0M	0.54	4.57	22,536	12,119	254,819	204,640
2022-03-09	$76.35	$82.50	49.5%	21.3%	36.4%	93.9%	74.5%	8.8%	-4.3%	2.8M	107.6M	-5.3M	0.60	3.48	25,788	15,467	265,080	207,858
2022-03-10	$76.45	$82.50	50.9%	23.1%	33.8%	98.2%	81.6%	4.3%	-6.9%	4.1M	74.1M	-5.4M	0.73	3.78	64,184	47,150	274,879	212,551
2022-03-11	$78.18	$82.00	35.9%	11.5%	34.6%	52.3%	41.8%	4.7%	-0.5%	13.1M	-6.0M	-5.3M	0.75	3.39	94,354	71,130	308,966	239,716
2022-03-14	$77.22	$77.50	35.1%	9.7%	33.9%	49.8%	34.1%	6.3%	-1.1%	3.1M	127.8M	-5.1M	1.17	14.11	22,499	26,253	278,130	219,702
2022-03-15	$80.29	$77.50	33.5%	9.2%	36.6%	45.1%	32.0%	6.6%	-0.2%	10.7M	-171.1M	-5.3M	0.75	8.65	44,937	33,762	280,377	224,334
2022-03-16	$79.40	$80.00	29.4%	8.4%	36.7%	32.7%	29.3%	6.3%	0.3%	9.0M	-71.6M	-5.3M	1.02	10.21	19,686	20,172	285,897	229,943
2022-03-17	$80.50	$80.00	28.2%	8.2%	37.0%	29.0%	28.6%	5.8%	-0.5%	12.9M	-204.2M	-5.2M	0.40	10.57	27,732	11,145	287,950	233,116
2022-03-18	$81.52	$80.00	25.8%	7.5%	32.8%	21.7%	25.9%	5.5%	0.1%	26.4M	-337.0M	-5.2M	0.53	8.43	41,520	21,821	292,819	234,388
2022-03-21	$80.72	$80.00	25.9%	7.8%	32.5%	21.7%	27.6%	5.0%	0.3%	11.3M	-239.2M	-5.1M	0.60	4.36	16,398	9,821	221,168	168,863
2022-03-22	$81.89	$80.00	24.5%	7.1%	32.5%	17.6%	26.1%	4.3%	0.7%	18.0M	-334.7M	-5.2M	0.70	5.18	27,497	19,123	225,166	172,728
2022-03-23	$80.69	$80.00	25.1%	7.6%	31.9%	19.4%	26.1%	5.1%	0.1%	6.7M	-223.0M	-5.2M	0.85	5.50	19,152	16,372	231,463	181,115
2022-03-24	$82.18	$80.00	24.6%	7.2%	31.3%	17.9%	26.8%	4.5%	0.0%	22.0M	-402.4M	-5.2M	0.53	5.21	20,400	10,809	234,323	178,401
2022-03-25	$81.47	$80.00	23.9%	7.1%	30.8%	15.9%	25.6%	4.2%	0.0%	21.1M	-329.6M	-5.1M	0.63	3.91	15,388	9,688	234,523	179,179
2022-03-28	$83.35	$80.00	23.2%	7.1%	31.2%	13.6%	25.3%	3.8%	0.4%	22.2M	-451.1M	-5.1M	1.01	5.86	14,842	15,003	221,526	164,421
2022-03-29	$84.31	$80.00	21.8%	6.4%	31.3%	9.5%	23.0%	3.3%	0.4%	26.4M	-542.5M	-5.1M	0.93	3.53	19,312	17,916	226,160	171,594
2022-03-30	$83.35	$80.00	22.9%	6.8%	30.1%	12.6%	23.9%	3.5%	0.2%	22.3M	-456.1M	-5.1M	0.48	4.26	21,302	10,283	233,843	177,524
2022-03-31	$83.32	$80.00	23.0%	6.8%	30.1%	13.1%	23.5%	3.6%	0.3%	27.2M	-470.9M	-5.1M	0.78	4.24	9,912	7,703	242,117	179,815