ORCL Options History — July 2022

In July 2022, ORCL traded between $69.40 and $78.02. ATM implied volatility averaged 26.5%, placing in the 21.9% IV rank vs the trailing year. The 30-day expected move averaged 7.5%. IV traded below realized volatility by 6.0% (HV 20d: 32.5%). Max pain ranged from $70.00 to $72.00. Net GEX was positive for 17 of 20 trading days. Term structure was in contango for 13 of 20 days. Put/call ratio averaged 0.75.

Notable Days

  • 2022-07-07: Highest Volume — 49,848 contracts
  • 2022-07-27: Largest IV drop — 10.5% change
  • 2022-07-12: Highest IV Rank — 30.5%
  • 2022-07-12: Largest Expected Move — 8.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$72.68$69.40$78.02$70.83$78.02
Max Pain$70.35$70.00$72.00$70.00$72.00
ATM IV26.5%22.5%29.3%28.9%22.5%
Expected Move7.5%6.3%8.3%7.9%6.3%
HV 20d32.5%19.4%50.1%50.1%19.8%
HV 60d37.1%36.5%37.5%37.3%36.6%
IV Rank21.9%9.4%30.5%29.4%9.4%
IV Percentile39.1%9.9%57.1%54.8%9.9%
Term Structure0.1%-1.0%0.7%0.1%0.1%
VWIV26.7%23.0%29.2%28.9%23.6%
Skew 25d5.2%3.9%6.3%5.0%3.9%
Skew 10d10.9%8.8%13.2%10.5%8.8%
Call IV 25d24.4%20.7%27.5%27.3%20.7%
Put IV 25d29.6%24.6%32.7%32.3%24.6%
Bid-Ask Spread %3.382.575.443.803.13
Gamma HHI0.060.040.110.050.09
Net GEX10.2M-2.8M26.9M2.1M26.9M
Net DEX-84.8M-592.6M247.4M53.4M-592.6M
Net VEX-4.2M-4.6M-3.9M-3.9M-4.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.381.540.650.72
Total Volume34,258.521,61449,84830,36541,466
Total OI399,835.9357,227431,834390,839425,460

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-07-01$70.83$70.0028.9%7.9%50.1%29.4%28.9%5.0%0.1%2.1M53.4M-3.9M0.653.8018,43811,927207,043183,796
2022-07-05$71.80$70.0029.1%8.2%50.1%30.2%29.2%5.1%-0.3%5.8M-7.0M-3.9M0.652.6622,68414,670197,625174,713
2022-07-06$71.83$70.0028.3%8.0%49.7%27.7%28.5%4.2%0.1%7.7M-14.1M-4.0M0.942.8515,64614,695203,413179,570
2022-07-07$71.77$70.0027.2%7.7%49.7%24.1%27.5%4.5%0.0%9.7M-14.2M-3.9M0.582.9031,46918,379207,253181,793
2022-07-08$71.92$70.0025.5%7.2%49.2%18.8%27.0%4.2%0.2%6.8M24.3M-4.0M0.462.6222,35510,213221,287193,833
2022-07-11$71.51$70.0027.1%7.7%48.3%23.7%27.7%5.1%-0.1%5.3M82.0M-3.9M0.862.7321,79818,695212,962191,503
2022-07-12$70.29$70.0029.3%8.3%47.8%30.5%28.0%5.9%-0.4%-506.6K185.3M-4.0M0.832.9416,26113,578217,424199,668
2022-07-13$70.10$70.0028.6%8.2%42.7%28.6%28.8%5.1%-0.3%-690.7K197.3M-4.0M0.633.0420,88113,192219,784200,591
2022-07-14$69.40$70.0028.8%8.0%23.3%29.1%28.9%5.5%-1.0%-2.8M247.4M-3.9M0.842.5716,95114,301222,888200,529
2022-07-15$70.65$70.0026.5%7.7%23.6%21.9%26.1%5.4%0.7%11.5M103.5M-4.0M0.455.4422,75210,349227,875203,959
2022-07-18$70.28$70.0027.3%7.8%22.7%24.5%25.3%6.2%0.7%4.5M63.0M-4.0M0.463.5118,2078,403189,977167,250
2022-07-19$72.18$70.0026.2%7.5%24.0%21.1%27.1%6.3%0.0%10.0M-76.2M-4.2M1.093.2414,23215,451198,223170,875
2022-07-20$72.68$70.0025.6%7.3%24.0%18.9%25.8%6.0%-0.0%10.5M-124.1M-4.3M0.563.1713,8747,740203,562180,588
2022-07-21$74.26$70.0025.2%7.2%23.6%17.9%27.3%5.6%0.1%15.5M-264.9M-4.3M0.913.5819,62917,957206,954182,208
2022-07-22$74.60$70.5024.1%6.9%23.3%14.6%24.0%5.4%0.6%15.6M-292.5M-4.5M0.383.1430,81011,755214,578194,275
2022-07-25$74.60$70.5025.4%7.3%19.4%18.4%26.1%5.3%0.3%14.8M-224.0M-4.5M0.823.2416,61013,676207,662182,979
2022-07-26$73.97$71.0026.9%7.8%19.8%23.1%27.8%6.2%-0.1%14.8M-176.2M-4.6M1.543.2612,59119,344213,576188,125
2022-07-27$76.02$71.5024.1%6.7%19.5%14.3%24.1%5.2%0.4%22.6M-374.6M-4.5M0.715.2419,50213,781215,788191,959
2022-07-28$76.97$71.5023.3%6.7%19.7%11.9%23.0%4.7%0.2%24.1M-492.0M-4.5M0.884.6321,71019,198221,733193,437
2022-07-29$78.02$72.0022.5%6.3%19.8%9.4%23.6%3.9%0.1%26.9M-592.6M-4.5M0.723.1324,15817,308225,301200,159