ORCL Options History — August 2024

In August 2024, ORCL traded between $126.50 and $140.60. ATM implied volatility averaged 36.9%, placing in the 67.0% IV rank vs the trailing year. The 30-day expected move averaged 11.4%. IV traded above realized volatility by 7.4% (HV 20d: 29.5%). Max pain ranged from $130.00 to $136.00. Net GEX was positive for 20 of 22 trading days. Term structure was in contango for 6 of 22 days. Put/call ratio averaged 0.88.

Notable Days

2024-08-02: Highest Volume — 47,710 contracts
2024-08-05: Largest IV spike — 27.0% change
2024-08-28: Highest IV Rank — 85.4%
2024-08-05: Largest Expected Move — 13.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$135.40	$126.50	$140.60	$137.21	$140.60
Max Pain	$132.82	$130.00	$136.00	$136.00	$135.00
ATM IV	36.9%	27.8%	41.7%	27.8%	40.1%
Expected Move	11.4%	8.0%	13.2%	8.0%	12.9%
HV 20d	29.5%	24.0%	32.2%	24.0%	24.7%
HV 60d	35.9%	34.3%	36.8%	34.3%	34.4%
IV Rank	67.0%	32.7%	85.4%	32.7%	79.1%
IV Percentile	89.1%	65.5%	98.0%	65.5%	95.6%
Term Structure	1.1%	-6.0%	13.8%	0.8%	-5.7%
VWIV	39.9%	28.2%	45.5%	28.2%	44.9%
Skew 25d	3.6%	1.3%	7.4%	1.3%	1.6%
Skew 10d	7.3%	4.0%	11.7%	6.5%	4.0%
Call IV 25d	34.7%	25.8%	40.8%	26.5%	39.1%
Put IV 25d	38.3%	27.9%	43.0%	27.9%	40.6%
Bid-Ask Spread %	32.05	17.71	50.42	32.57	22.54
Gamma HHI	0.08	0.05	0.16	0.06	0.16
Net GEX	26.5M	-9.2M	72.2M	11.5M	72.2M
Net DEX	-701.7M	-1.16B	62.8M	-759.7M	-1.16B
Net VEX	-7.8M	-8.3M	-7.4M	-8.3M	-7.6M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.88	0.40	2.20	1.25	0.53
Total Volume	23,830.227	10,895	47,710	34,301	29,259
Total OI	474,373.273	419,371	491,965	481,819	491,965

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-08-01	$137.21	$136.00	27.8%	8.0%	24.0%	32.7%	28.2%	1.3%	0.8%	11.5M	-759.7M	-8.3M	1.25	32.57	15,212	19,089	244,370	237,449
2024-08-02	$133.40	$136.00	29.8%	9.0%	25.6%	40.2%	32.2%	3.5%	-0.7%	-9.2M	-339.8M	-8.3M	1.25	31.21	21,189	26,521	247,649	239,897
2024-08-05	$127.26	$130.00	37.8%	13.2%	29.6%	70.6%	43.6%	6.6%	7.4%	1.7M	1.0M	-8.0M	0.68	45.96	23,194	15,760	239,387	221,675
2024-08-06	$128.98	$130.00	30.2%	11.4%	29.4%	41.8%	42.3%	5.6%	12.1%	2.0M	-97.3M	-7.8M	1.32	28.40	8,575	11,310	250,827	226,286
2024-08-07	$126.50	$130.00	31.3%	12.0%	29.6%	46.2%	39.6%	5.6%	11.9%	-3.6M	62.8M	-7.7M	0.88	38.11	14,522	12,759	253,000	226,542
2024-08-08	$129.11	$130.00	31.9%	11.1%	30.7%	48.2%	41.0%	5.5%	12.5%	2.4M	-200.3M	-7.8M	0.64	36.18	10,044	6,414	257,501	227,814
2024-08-09	$131.64	$130.00	32.0%	11.2%	31.5%	48.7%	38.1%	3.3%	13.8%	10.4M	-433.8M	-7.8M	0.65	32.10	10,073	6,547	262,049	228,592
2024-08-12	$132.06	$130.00	38.5%	11.4%	31.4%	73.3%	38.2%	7.4%	-1.4%	7.6M	-454.3M	-7.6M	0.80	34.13	7,491	5,961	250,410	223,003
2024-08-13	$134.23	$130.00	38.3%	11.0%	32.2%	72.6%	39.2%	4.1%	-1.0%	16.5M	-657.0M	-7.8M	0.73	37.68	7,593	5,518	252,859	224,737
2024-08-14	$135.59	$130.00	38.2%	10.8%	32.0%	72.1%	38.5%	5.9%	-0.6%	28.9M	-834.4M	-7.6M	0.49	42.26	7,325	3,570	256,185	224,599
2024-08-15	$136.65	$130.00	37.4%	10.5%	31.8%	68.9%	36.7%	2.4%	-0.9%	37.0M	-940.5M	-7.4M	0.69	44.56	10,464	7,224	257,803	226,049
2024-08-16	$137.30	$130.00	38.3%	10.9%	31.9%	72.5%	37.6%	3.4%	-0.5%	37.0M	-1.03B	-7.6M	0.40	43.11	23,375	9,426	261,829	229,328
2024-08-19	$137.58	$135.00	37.5%	10.6%	31.3%	69.7%	37.5%	3.0%	-1.5%	36.4M	-885.5M	-7.4M	0.84	50.42	14,100	11,847	219,090	200,281
2024-08-20	$139.32	$135.00	39.0%	11.1%	31.2%	75.3%	41.4%	2.9%	-1.4%	43.4M	-1.05B	-7.6M	2.20	17.71	11,819	25,947	226,244	208,196
2024-08-21	$139.68	$135.00	39.5%	11.3%	29.4%	77.1%	40.4%	3.4%	-2.8%	45.5M	-1.08B	-7.8M	1.28	20.58	9,894	12,627	231,191	228,018
2024-08-22	$137.81	$135.00	41.0%	11.9%	29.8%	82.5%	41.5%	1.9%	-2.7%	37.2M	-879.5M	-8.0M	0.83	23.22	14,675	12,124	234,421	236,177
2024-08-23	$138.87	$135.00	39.0%	11.4%	29.9%	75.3%	39.7%	2.3%	-2.8%	59.6M	-982.5M	-7.8M	0.42	24.71	15,977	6,700	238,465	241,252
2024-08-26	$138.75	$135.00	40.3%	12.6%	29.9%	79.9%	44.0%	3.0%	-0.9%	33.3M	-932.3M	-7.8M	0.99	26.54	7,602	7,562	232,715	237,327
2024-08-27	$138.98	$135.00	40.3%	12.4%	29.0%	79.9%	43.7%	1.6%	-2.5%	36.0M	-940.8M	-7.8M	1.27	25.07	5,472	6,939	234,960	240,402
2024-08-28	$137.78	$135.00	41.7%	13.0%	27.4%	85.4%	45.5%	2.0%	-2.7%	29.0M	-821.8M	-7.8M	0.72	26.78	7,776	5,619	237,055	243,035
2024-08-29	$139.46	$135.00	41.0%	12.8%	26.9%	82.6%	44.3%	2.4%	-6.0%	49.0M	-1.02B	-7.7M	0.43	21.16	20,469	8,701	239,689	245,889
2024-08-30	$140.60	$135.00	40.1%	12.9%	24.7%	79.1%	44.9%	1.6%	-5.7%	72.2M	-1.16B	-7.6M	0.53	22.54	19,122	10,137	242,042	249,923