ORCL Options History — November 2022

In November 2022, ORCL traded between $75.14 and $83.10. ATM implied volatility averaged 34.8%, placing in the 44.0% IV rank vs the trailing year. The 30-day expected move averaged 10.8%. IV traded above realized volatility by 6.6% (HV 20d: 28.3%). Max pain ranged from $70.00 to $72.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.18.

Notable Days

  • 2022-11-22: Highest Volume — 44,708 contracts
  • 2022-11-07: Largest IV spike — 10.0% change
  • 2022-11-17: Highest IV Rank — 55.4%
  • 2022-11-30: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$78.89$75.14$83.10$77.05$83.09
Max Pain$71.31$70.00$72.50$70.00$72.50
ATM IV34.8%29.3%38.3%29.3%35.1%
Expected Move10.8%9.0%12.3%9.0%12.3%
HV 20d28.3%20.8%37.8%36.4%23.2%
HV 60d32.3%31.7%33.0%32.1%33.0%
IV Rank44.0%26.3%55.4%28.4%44.7%
IV Percentile69.7%43.3%84.1%43.3%68.3%
Term Structure0.8%-2.6%6.8%5.0%-1.5%
VWIV38.7%30.9%45.9%32.4%45.9%
Skew 25d5.7%4.0%7.2%4.8%6.0%
Skew 10d10.9%8.2%13.7%9.3%12.8%
Call IV 25d32.2%26.6%36.0%26.9%32.4%
Put IV 25d37.8%31.1%42.6%31.6%38.5%
Bid-Ask Spread %3.432.257.952.753.81
Gamma HHI0.090.060.440.060.08
Net GEX19.7M1.3M65.9M13.7M24.5M
Net DEX-723.9M-967.8M-461.8M-672.0M-936.5M
Net VEX-5.3M-5.5M-5.2M-5.3M-5.3M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.180.642.422.421.25
Total Volume33,416.95212,13744,70836,82921,926
Total OI541,596.381497,533583,278534,265538,069

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-11-01$77.05$70.0029.3%9.0%36.4%28.4%32.4%4.8%5.0%13.7M-672.0M-5.3M2.422.7510,75326,076265,695268,570
2022-11-02$75.28$70.0029.6%9.0%37.8%26.3%30.9%4.5%5.3%7.7M-487.6M-5.3M1.467.9518,13126,413268,142271,733
2022-11-03$75.14$70.0030.5%10.5%36.4%29.2%35.5%4.6%5.9%1.3M-461.8M-5.3M1.353.3716,40522,225271,745276,033
2022-11-04$75.97$70.0030.7%10.5%32.7%29.8%37.8%4.5%6.8%9.3M-566.6M-5.3M1.083.6614,56015,788273,569275,609
2022-11-07$76.91$70.0033.8%10.4%32.3%40.2%34.8%4.9%1.3%13.7M-634.9M-5.2M0.802.7311,5439,236263,744263,001
2022-11-08$76.07$70.0034.2%10.8%32.6%41.6%36.5%4.0%2.7%11.7M-545.7M-5.2M1.712.9211,75820,091267,981263,948
2022-11-09$75.71$70.0035.6%10.9%32.3%46.4%40.1%5.9%2.8%10.3M-495.0M-5.4M1.312.8318,17023,814273,090271,610
2022-11-10$76.97$70.0033.9%10.4%32.2%40.6%36.6%4.7%3.1%14.6M-653.5M-5.3M1.342.8319,04125,598278,000278,335
2022-11-11$77.71$70.0033.8%10.4%31.3%40.4%36.7%5.4%3.5%25.0M-745.0M-5.3M1.373.1117,28223,676281,216283,729
2022-11-14$79.17$70.0036.0%10.5%29.5%47.7%38.4%6.7%-1.2%20.3M-829.4M-5.3M0.983.0317,54417,132271,901269,087
2022-11-15$79.28$72.5037.3%10.8%29.4%52.0%39.1%6.5%-0.6%20.6M-834.6M-5.3M0.953.9820,12919,127275,206276,517
2022-11-16$79.73$72.5038.3%11.0%28.6%55.4%41.5%7.2%-2.1%23.7M-850.3M-5.5M1.142.6812,95014,782280,299287,091
2022-11-17$79.05$72.5038.3%11.1%27.4%55.4%38.6%6.7%-1.8%20.8M-765.6M-5.5M0.862.7619,46616,767280,788291,176
2022-11-18$79.91$72.5036.7%10.7%20.8%50.1%37.1%6.3%-1.7%65.9M-898.4M-5.4M0.972.4822,40021,686289,509293,769
2022-11-21$79.77$72.5037.7%11.5%20.9%53.5%41.2%6.1%-2.1%19.3M-651.3M-5.4M1.072.2517,25718,532255,449242,084
2022-11-22$82.20$72.5036.1%11.0%22.8%48.2%40.5%5.8%-2.2%24.5M-894.3M-5.3M0.853.3824,19520,513259,295249,323
2022-11-23$82.78$72.5036.1%11.1%21.6%48.0%42.7%5.9%-2.2%26.2M-934.7M-5.4M1.723.4214,46324,904263,998259,868
2022-11-25$83.10$72.5035.7%11.2%21.6%46.8%39.4%6.6%-2.6%33.6M-967.8M-5.3M0.754.086,9385,199266,235271,589
2022-11-28$81.20$72.5036.7%12.2%21.7%50.2%43.4%5.8%-1.6%13.7M-714.6M-5.4M0.645.0012,5278,023260,376263,943
2022-11-29$80.62$72.5036.2%12.3%21.8%48.3%43.2%6.0%-1.0%13.2M-663.5M-5.3M0.772.948,3256,411265,236266,966
2022-11-30$83.09$72.5035.1%12.3%23.2%44.7%45.9%6.0%-1.5%24.5M-936.5M-5.3M1.253.819,76312,163269,303268,766