ORCL Options History — April 2024

In April 2024, ORCL traded between $113.94 and $125.97. ATM implied volatility averaged 22.8%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 6.5%. IV traded below realized volatility by 2.8% (HV 20d: 25.6%). Max pain ranged from $117.00 to $125.00. Net GEX was positive for 14 of 22 trading days. Term structure was in contango for 11 of 22 days. Put/call ratio averaged 0.71.

Notable Days

  • 2024-04-26: Highest Volume — 82,634 contracts
  • 2024-04-25: Largest IV spike — 14.2% change
  • 2024-04-15: Highest IV Rank — 24.8%
  • 2024-04-15: Largest Expected Move — 7.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$119.83$113.94$125.97$125.12$113.94
Max Pain$120.36$117.00$125.00$125.00$118.00
ATM IV22.8%20.2%24.9%20.2%23.6%
Expected Move6.5%5.5%7.1%5.5%6.9%
HV 20d25.6%14.8%43.9%43.8%21.1%
HV 60d30.8%30.3%31.4%30.3%30.9%
IV Rank16.7%6.8%24.8%8.7%17.1%
IV Percentile34.3%7.1%56.3%7.9%41.3%
Term Structure-0.0%-1.3%1.7%0.3%0.7%
VWIV22.6%19.3%24.8%19.3%24.0%
Skew 25d1.6%0.6%2.5%0.7%1.9%
Skew 10d3.5%1.9%4.7%2.1%3.4%
Call IV 25d22.2%20.3%24.4%20.3%22.7%
Put IV 25d23.8%21.0%26.0%21.0%24.6%
Bid-Ask Spread %30.443.5655.865.2827.68
Gamma HHI0.100.060.330.090.06
Net GEX15.9M-44.4M66.7M47.0M-1.5M
Net DEX-460.1M-1.18B143.1M-1.01B-31.8M
Net VEX-7.8M-8.2M-7.3M-7.9M-7.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.710.271.230.620.48
Total Volume37,61520,63582,63431,61525,831
Total OI530,820.682452,132581,470558,371504,843

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$125.12$125.0020.2%5.5%43.8%8.7%19.3%0.7%0.3%47.0M-1.01B-7.9M0.625.2819,46012,155313,201245,170
2024-04-02$124.34$125.0021.1%5.6%43.9%11.8%20.1%1.1%0.0%38.6M-879.5M-8.0M0.763.5615,43511,683318,239250,626
2024-04-03$125.97$125.0021.4%5.8%42.3%12.7%20.4%1.0%-0.0%65.8M-1.18B-8.2M0.305.1425,9167,891322,867253,086
2024-04-04$124.40$120.0022.5%6.4%42.7%16.4%22.9%0.7%-0.2%43.7M-903.2M-8.2M0.3615.4835,63112,818323,646255,047
2024-04-05$125.12$120.0021.9%6.3%42.3%14.6%21.9%1.2%-0.1%66.7M-996.3M-8.1M0.6114.6822,61313,798324,992256,478
2024-04-08$124.91$120.0021.6%6.2%41.5%13.6%22.1%1.5%0.2%45.1M-934.5M-8.0M0.2915.2633,1059,754307,160237,987
2024-04-09$122.92$120.0024.2%6.1%42.0%22.4%21.5%1.4%-0.6%25.6M-571.7M-8.0M0.7614.2224,39918,576299,501242,555
2024-04-10$121.79$120.0022.1%6.4%14.8%15.1%22.0%1.5%0.3%13.3M-470.9M-7.9M0.9544.3515,37814,676300,990246,117
2024-04-11$123.54$120.0022.0%6.2%14.9%14.7%22.0%2.2%0.0%35.6M-749.9M-8.0M1.0239.0218,02618,331303,980244,342
2024-04-12$121.03$120.0023.7%6.8%16.5%20.7%23.7%0.6%0.5%-1.1M-411.6M-7.9M0.8349.1928,73123,899311,111249,616
2024-04-15$119.75$120.0024.9%7.1%16.7%24.8%24.8%1.6%-0.1%2.4M-320.8M-7.9M0.7953.2213,05810,314288,407242,791
2024-04-16$121.14$120.0024.3%7.0%16.0%22.5%23.3%2.2%-0.6%14.5M-508.3M-7.9M0.4853.4313,9786,657290,333241,261
2024-04-17$119.09$120.0024.3%7.0%16.2%22.5%23.7%2.5%0.4%605.7K-278.9M-7.7M1.1349.8811,20812,709294,169242,137
2024-04-18$116.00$120.0024.4%7.0%17.9%23.1%23.9%2.5%-0.3%-22.3M6.7M-7.6M0.5855.8626,95815,689296,109241,527
2024-04-19$114.55$120.0024.3%7.0%17.8%21.7%24.2%2.1%0.0%-44.4M143.1M-7.3M0.8348.2220,41416,966305,601242,896
2024-04-22$114.78$120.0023.6%6.7%17.9%19.2%23.0%0.9%-0.6%-5.3M-57.0M-7.3M0.8026.5820,58316,431244,260207,872
2024-04-23$115.00$120.0022.9%6.6%17.9%16.7%23.2%2.2%-1.3%-583.0K-101.6M-7.4M0.8330.8119,67816,401252,144210,549
2024-04-24$115.15$120.0020.5%6.7%18.0%6.8%23.2%2.0%0.4%-1.8M-124.8M-7.5M1.2322.7618,75322,991258,243219,407
2024-04-25$114.53$120.0023.5%6.8%17.9%16.6%24.2%2.1%-0.6%-4.8M-77.3M-7.5M1.1430.8921,01323,939265,224223,046
2024-04-26$117.28$117.0021.9%6.1%20.4%10.9%21.4%1.7%-0.4%25.1M-443.8M-7.7M0.2737.6364,86117,773272,844233,573
2024-04-29$115.82$118.0022.8%6.7%20.7%14.4%23.1%1.7%1.7%7.2M-228.6M-7.6M0.6326.4517,77111,279266,833227,275
2024-04-30$113.94$118.0023.6%6.9%21.1%17.1%24.0%1.9%0.7%-1.5M-31.8M-7.6M0.4827.6817,4448,387272,980231,863