ORCL Options History — May 2022

In May 2022, ORCL traded between $67.19 and $75.13. ATM implied volatility averaged 37.3%, placing in the 56.5% IV rank vs the trailing year. The 30-day expected move averaged 11.6%. IV traded above realized volatility by 6.1% (HV 20d: 31.2%). Max pain ranged from $77.50 to $80.00. Net GEX was positive for 2 of 21 trading days. Term structure was in contango for 8 of 21 days. Put/call ratio averaged 0.98.

Notable Days

  • 2022-05-10: Highest Volume — 37,637 contracts
  • 2022-05-18: Largest IV spike — 23.4% change
  • 2022-05-18: Highest IV Rank — 77.1%
  • 2022-05-31: Largest Expected Move — 13.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$71.15$67.19$75.13$73.68$72.56
Max Pain$79.88$77.50$80.00$80.00$77.50
ATM IV37.3%28.1%44.0%33.6%39.1%
Expected Move11.6%8.3%13.2%10.3%13.2%
HV 20d31.2%23.4%35.9%26.6%34.5%
HV 60d30.4%29.2%31.4%30.0%30.3%
IV Rank56.5%28.7%77.1%45.2%62.2%
IV Percentile88.9%66.3%95.6%86.9%90.1%
Term Structure0.4%-3.1%7.0%0.0%-2.1%
VWIV40.5%29.7%46.2%37.7%46.2%
Skew 25d7.8%6.1%9.0%8.1%7.2%
Skew 10d16.2%13.8%18.5%17.3%14.5%
Call IV 25d34.1%25.7%39.4%30.4%36.2%
Put IV 25d41.9%32.5%48.3%38.4%43.4%
Bid-Ask Spread %5.512.8910.124.683.11
Gamma HHI0.070.050.130.050.06
Net GEX-6.9M-11.5M5.8M-6.0M725.6K
Net DEX319.7M81.4M568.1M256.9M100.9M
Net VEX-4.2M-4.7M-3.7M-4.7M-4.2M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.980.242.511.570.91
Total Volume22,494.57113,63437,63720,22818,701
Total OI424,030.429380,311453,566420,465394,545

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-05-02$73.68$80.0033.6%10.3%26.6%45.2%37.7%8.1%0.0%-6.0M256.9M-4.7M1.574.687,85712,371226,262194,203
2022-05-03$73.10$80.0031.9%9.7%23.4%40.3%32.1%7.8%0.1%-7.6M297.2M-4.6M1.353.748,46411,417227,850195,612
2022-05-04$75.13$80.0028.1%8.3%26.2%28.7%29.7%6.8%0.4%-4.8M163.4M-4.7M1.174.628,94510,479229,647196,742
2022-05-05$72.40$80.0033.4%10.9%28.6%44.6%38.9%8.4%-0.3%-9.2M336.1M-4.5M2.515.5710,60926,622231,013198,051
2022-05-06$72.35$80.0032.9%10.9%28.6%43.3%38.6%7.2%-0.0%-11.1M347.7M-4.5M1.087.597,8728,472233,205204,882
2022-05-09$71.57$80.0035.3%11.7%28.6%50.5%41.5%8.1%5.5%-8.7M359.5M-4.4M1.176.636,9728,181227,598199,478
2022-05-10$72.48$80.0036.0%11.6%29.2%52.8%40.8%8.3%5.3%-8.1M305.2M-4.5M0.248.2630,3667,271229,316200,660
2022-05-11$71.05$80.0035.6%12.2%29.7%51.6%41.1%8.3%7.0%-9.5M366.4M-4.4M0.836.619,2337,651236,761201,571
2022-05-12$70.30$80.0037.9%12.3%29.3%58.4%45.6%9.0%5.8%-10.6M413.9M-4.3M1.0910.1214,51615,757238,086202,521
2022-05-13$71.28$80.0034.9%11.1%30.1%49.3%40.0%7.5%5.7%-9.3M354.4M-4.3M1.235.3910,20912,516245,833203,803
2022-05-16$69.66$80.0037.8%11.3%30.2%58.2%39.8%7.8%-1.7%-11.2M440.3M-4.0M1.013.739,7799,865238,167200,327
2022-05-17$71.61$80.0035.7%10.5%31.2%51.7%38.1%7.5%-0.8%-10.4M323.5M-4.2M1.055.9610,75711,340240,544203,351
2022-05-18$68.07$80.0044.0%12.6%34.5%77.1%43.0%8.9%-2.5%-11.0M521.7M-3.9M1.024.5212,62412,819244,286203,577
2022-05-19$67.19$80.0041.9%12.1%34.5%70.7%42.2%8.8%-1.4%-11.5M568.1M-3.7M0.656.5916,59810,721247,169203,378
2022-05-20$68.30$80.0042.1%12.4%34.2%71.2%40.9%8.5%-3.1%-6.2M488.3M-3.9M0.566.9816,5219,316250,076203,490
2022-05-23$69.86$80.0040.8%12.4%35.6%67.4%41.7%7.1%-1.6%-4.9M277.8M-4.0M0.674.5810,7577,156202,069178,242
2022-05-24$69.24$80.0042.1%12.8%34.6%71.4%43.0%7.9%-1.9%-5.6M310.5M-4.0M0.725.447,9465,688205,709180,761
2022-05-25$69.90$80.0041.4%12.8%34.9%69.1%44.1%7.6%-1.9%-4.6M261.3M-4.0M0.645.309,9686,378207,712182,377
2022-05-26$71.86$80.0039.6%12.3%35.9%63.5%43.0%8.0%-1.7%-728.1K139.6M-4.2M0.473.3416,2527,661210,551183,372
2022-05-27$72.51$80.0038.6%12.2%34.5%60.4%42.6%6.1%-2.1%5.8M81.4M-4.3M0.632.8915,8499,910215,721186,121
2022-05-31$72.56$77.5039.1%13.2%34.5%62.2%46.2%7.2%-2.1%725.6K100.9M-4.2M0.913.119,7738,928212,823181,722