ORCL Options History — June 2024

In June 2024, ORCL traded between $118.97 and $144.74. ATM implied volatility averaged 26.6%, placing in the 26.9% IV rank vs the trailing year. The 30-day expected move averaged 7.7%. IV traded below realized volatility by 15.5% (HV 20d: 42.1%). Max pain ranged from $119.00 to $130.00. Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 8 of 19 days. Put/call ratio averaged 0.62.

Notable Days

  • 2024-06-12: Highest Volume — 421,979 contracts
  • 2024-06-12: Largest IV drop — 41.6% change
  • 2024-06-07: Highest IV Rank — 67.6%
  • 2024-06-05: Largest Expected Move — 13.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$134.03$118.97$144.74$118.97$141.21
Max Pain$124.16$119.00$130.00$120.00$130.00
ATM IV26.6%19.2%38.0%36.9%20.3%
Expected Move7.7%5.5%13.7%12.9%5.6%
HV 20d42.1%25.6%52.4%26.3%47.9%
HV 60d30.8%21.5%34.2%31.2%34.2%
IV Rank26.9%0.3%67.6%63.7%4.3%
IV Percentile37.1%0.4%95.6%90.5%4.8%
Term Structure-0.7%-3.0%0.6%-0.1%0.6%
VWIV27.3%19.8%47.6%44.9%19.9%
Skew 25d1.3%-0.4%5.2%2.3%0.9%
Skew 10d2.2%-1.7%12.3%6.0%0.9%
Call IV 25d26.2%19.0%37.9%35.2%19.9%
Put IV 25d27.4%19.6%41.8%37.4%20.8%
Bid-Ask Spread %36.8813.3857.7227.6826.97
Gamma HHI0.110.070.190.070.10
Net GEX57.5M25.0M120.0M25.0M65.2M
Net DEX-1.91B-3.77B-523.4M-523.4M-1.65B
Net VEX-7.8M-8.3M-6.5M-7.8M-8.0M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.291.140.290.47
Total Volume90,959.10522,751421,97933,28945,765
Total OI615,760.105479,519794,847560,693510,453

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-06-03$118.97$120.0036.9%12.9%26.3%63.7%44.9%2.3%-0.1%25.0M-523.4M-7.8M0.2927.6825,7077,582301,226259,467
2024-06-04$120.00$120.0037.1%12.9%25.6%64.5%45.1%1.4%-1.8%34.3M-671.7M-7.8M0.7623.8512,9559,796307,625262,532
2024-06-05$122.56$119.0037.5%13.7%26.5%65.8%47.6%0.4%-2.4%47.4M-1.00B-8.0M0.2913.3838,57411,106311,943267,046
2024-06-06$123.40$120.0037.7%9.4%26.5%66.5%33.1%3.1%-2.3%59.6M-1.12B-8.1M0.5836.1125,92314,933318,239271,686
2024-06-07$125.59$120.0038.0%9.3%26.8%67.6%33.2%2.1%-3.0%65.9M-1.41B-8.0M0.4140.3350,69620,910319,750276,513
2024-06-10$124.70$120.0036.6%9.6%27.1%62.7%33.6%0.8%-2.2%44.0M-1.17B-7.8M0.6951.8767,72046,434312,034266,274
2024-06-11$124.28$120.0036.9%9.9%27.1%63.8%34.6%5.2%-2.4%43.8M-1.11B-8.1M0.9742.47110,873107,684341,402287,737
2024-06-12$140.69$120.0021.6%6.1%49.8%8.7%21.5%-0.3%-0.6%120.0M-3.77B-6.5M0.6557.72256,358165,621383,214336,322
2024-06-13$139.79$125.0019.2%5.5%50.1%0.3%19.8%0.2%-0.0%100.6M-3.38B-7.1M1.1451.5664,06373,323393,104388,903
2024-06-14$137.95$125.0019.5%5.6%50.6%1.4%20.3%0.8%0.4%47.5M-2.87B-7.5M0.5441.4581,36843,618391,639403,208
2024-06-17$141.13$125.0020.3%5.8%50.9%4.4%20.8%0.4%0.1%79.7M-2.93B-7.4M0.5143.8446,18123,549343,316327,511
2024-06-18$144.74$125.0021.3%6.1%51.4%8.4%21.7%-0.4%0.2%85.4M-3.37B-7.6M0.4139.2675,71830,767353,980337,006
2024-06-20$143.20$125.0021.4%6.1%51.8%8.7%21.8%0.8%0.1%80.6M-3.15B-8.2M0.5752.9144,46025,150371,320347,279
2024-06-21$140.88$125.0020.0%5.8%52.2%3.2%20.9%1.4%-0.7%38.7M-2.82B-8.0M0.7046.0535,31324,867373,107356,338
2024-06-24$139.66$130.0020.2%5.7%52.3%4.1%20.0%1.0%0.4%35.9M-1.40B-8.0M0.7528.3421,35715,974252,983226,536
2024-06-25$139.06$130.0019.7%5.6%52.3%2.2%19.8%0.8%0.4%36.6M-1.30B-8.3M1.0023.4419,18419,277261,459231,242
2024-06-26$138.34$130.0020.8%5.7%52.4%6.4%19.8%2.3%-0.6%29.9M-1.22B-8.2M0.5230.9920,40110,673265,423235,962
2024-06-27$140.39$130.0020.1%5.7%52.4%3.8%20.0%0.7%0.3%53.1M-1.50B-8.3M0.5522.5022,12612,217268,211237,452
2024-06-28$141.21$130.0020.3%5.6%47.9%4.3%19.9%0.9%0.6%65.2M-1.65B-8.0M0.4726.9731,07714,688270,011240,442