ORCL Options History — December 2022

In December 2022, ORCL traded between $78.69 and $84.44. ATM implied volatility averaged 30.3%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 8.7%. IV traded above realized volatility by 3.0% (HV 20d: 27.3%). Max pain ranged from $72.50 to $75.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 0.77.

Notable Days

  • 2022-12-13: Highest Volume — 144,951 contracts
  • 2022-12-13: Largest IV drop — 31.4% change
  • 2022-12-09: Highest IV Rank — 66.0%
  • 2022-12-02: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$80.75$78.69$84.44$84.44$81.81
Max Pain$74.88$72.50$75.00$75.00$75.00
ATM IV30.3%23.3%41.4%34.7%25.1%
Expected Move8.7%6.7%12.9%12.7%7.1%
HV 20d27.3%21.3%29.4%21.3%24.5%
HV 60d31.7%28.8%34.4%33.1%28.8%
IV Rank28.6%4.9%66.0%43.3%11.3%
IV Percentile42.7%5.6%91.3%66.3%18.3%
Term Structure-0.5%-1.9%0.8%-1.7%0.6%
VWIV30.9%24.6%46.2%46.0%25.9%
Skew 25d4.6%3.5%7.0%5.7%4.0%
Skew 10d8.5%6.4%11.6%11.2%8.2%
Call IV 25d28.3%21.8%39.7%32.0%23.4%
Put IV 25d32.9%25.8%44.8%37.7%27.5%
Bid-Ask Spread %3.502.246.745.742.87
Gamma HHI0.110.060.340.080.14
Net GEX28.3M11.3M64.3M27.4M39.9M
Net DEX-607.0M-1.10B-422.3M-1.10B-691.8M
Net VEX-5.1M-5.5M-4.7M-5.2M-4.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.281.380.730.28
Total Volume45,405.66714,934144,95134,28227,623
Total OI559,496.714495,727663,072545,397524,324

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$84.44$75.0034.7%12.7%21.3%43.3%46.0%5.7%-1.7%27.4M-1.10B-5.2M0.735.7419,77614,506271,950273,447
2022-12-02$83.22$75.0034.2%12.9%22.3%41.7%46.2%5.8%-1.5%15.6M-980.5M-5.3M0.825.5331,13025,423279,584281,355
2022-12-05$79.57$72.5037.9%10.0%28.4%54.1%34.6%7.0%-0.7%14.5M-533.5M-5.4M0.434.2139,13116,788275,901265,655
2022-12-06$78.69$75.0039.5%10.5%28.5%59.5%35.5%6.2%-0.8%13.2M-432.1M-5.4M0.923.3718,36416,955287,321268,560
2022-12-07$78.75$75.0040.1%10.8%28.1%61.7%36.1%5.6%-1.2%11.3M-446.5M-5.4M1.364.847,2159,807293,148274,049
2022-12-08$79.97$75.0039.4%10.4%28.4%59.1%36.2%5.1%-1.2%21.2M-605.2M-5.3M0.812.2419,14715,531294,455277,266
2022-12-09$79.88$75.0041.4%10.8%28.0%66.0%38.1%5.1%-1.9%56.3M-572.7M-5.5M0.833.2932,25126,861297,538282,065
2022-12-12$80.91$75.0039.6%10.7%28.1%60.0%39.0%4.9%-1.8%18.3M-685.2M-5.4M0.842.7173,18761,737289,554280,342
2022-12-13$80.38$75.0027.2%7.7%27.6%18.1%28.0%4.5%-0.4%21.7M-637.6M-5.0M0.853.8978,42266,529322,552313,024
2022-12-14$81.75$75.0024.9%6.9%28.2%10.5%26.0%4.4%-0.6%35.4M-843.2M-5.0M0.746.7443,57332,424326,141319,746
2022-12-15$79.91$75.0026.4%7.4%29.4%15.4%26.2%4.2%-0.7%23.0M-542.1M-5.1M0.762.4231,87324,209329,925333,147
2022-12-16$79.87$75.0026.0%7.4%29.2%14.3%25.8%3.7%-0.6%43.7M-527.3M-5.0M0.643.8623,17714,882329,303331,952
2022-12-19$80.38$75.0025.5%7.3%29.0%12.5%24.6%4.1%0.2%11.5M-429.2M-4.9M0.902.8214,16712,818242,735252,992
2022-12-20$81.15$75.0025.0%7.1%29.2%10.6%25.8%4.2%0.1%20.7M-528.1M-4.9M1.383.0110,80514,861251,054260,154
2022-12-21$81.69$75.0023.3%6.7%27.2%4.9%25.0%4.0%0.2%29.1M-631.1M-4.8M0.842.7211,3989,584256,319264,173
2022-12-22$80.10$75.0025.2%7.2%27.9%11.6%26.2%3.8%0.1%26.4M-422.3M-4.9M0.652.7620,68713,461264,092263,718
2022-12-23$80.69$75.0024.0%6.8%28.0%7.4%25.3%3.7%0.5%64.3M-508.1M-4.9M0.432.2416,2747,047268,528265,401
2022-12-27$81.05$75.0025.4%7.1%26.9%12.2%25.3%3.6%0.5%24.2M-544.8M-4.7M0.512.6511,1845,758251,590252,086
2022-12-28$80.23$75.0026.5%7.5%27.0%15.8%27.3%3.6%0.4%24.2M-456.6M-4.7M0.662.709,0205,914259,285254,589
2022-12-29$81.41$75.0025.0%7.1%25.2%10.9%25.8%3.5%0.8%52.7M-632.3M-4.7M0.802.9011,1468,874264,616255,795
2022-12-30$81.81$75.0025.1%7.1%24.5%11.3%25.9%4.0%0.6%39.9M-691.8M-4.7M0.282.8721,5106,113262,952261,372