ORCL Options History — November 2024

In November 2024, ORCL traded between $169.56 and $192.99. ATM implied volatility averaged 37.1%, placing in the 67.9% IV rank vs the trailing year. The 30-day expected move averaged 11.7%. IV traded above realized volatility by 8.1% (HV 20d: 28.9%). Max pain ranged from $155.00 to $170.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 5 of 20 days. Put/call ratio averaged 0.62.

Notable Days

2024-11-08: Highest Volume — 100,478 contracts
2024-11-11: Largest IV spike — 26.0% change
2024-11-21: Highest IV Rank — 96.6%
2024-11-29: Largest Expected Move — 13.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$185.13	$169.56	$192.99	$170.50	$185.25
Max Pain	$159.00	$155.00	$170.00	$165.00	$170.00
ATM IV	37.1%	24.1%	44.7%	27.2%	41.1%
Expected Move	11.7%	8.7%	13.6%	8.7%	13.6%
HV 20d	28.9%	21.0%	35.4%	22.9%	32.1%
HV 60d	31.9%	29.6%	33.9%	29.7%	33.9%
IV Rank	67.9%	18.7%	96.6%	30.3%	82.9%
IV Percentile	84.8%	46.8%	99.6%	64.7%	92.9%
Term Structure	1.6%	-4.4%	13.8%	-0.6%	-3.1%
VWIV	41.2%	30.5%	47.4%	30.5%	47.4%
Skew 25d	0.3%	-1.4%	3.0%	2.9%	0.4%
Skew 10d	1.8%	-1.8%	7.2%	3.3%	1.3%
Call IV 25d	37.2%	23.4%	46.0%	25.9%	41.9%
Put IV 25d	37.5%	23.9%	45.1%	28.8%	42.3%
Bid-Ask Spread %	27.56	16.86	41.17	32.32	21.46
Gamma HHI	0.12	0.08	0.16	0.14	0.16
Net GEX	63.8M	18.3M	87.6M	66.9M	61.2M
Net DEX	-3.00B	-3.86B	-1.85B	-1.98B	-2.58B
Net VEX	-8.8M	-9.7M	-8.0M	-9.3M	-9.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.62	0.21	1.04	0.73	0.45
Total Volume	42,016.55	16,083	100,478	36,984	27,373
Total OI	540,454.65	490,901	582,267	539,566	582,267

Daily Data (20 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
2024-11-01	$170.50	$165.00	27.2%	8.7%	22.9%	30.3%	30.5%	2.9%	-0.6%	66.9M	-1.98B	-9.3M	0.73	32.32	21,412	15,572	288,008	251,558
2024-11-04	$169.56	$155.00	28.0%	11.3%	22.9%	33.6%	40.1%	3.0%	12.9%	47.2M	-1.85B	-9.2M	0.67	28.68	11,264	7,533	273,728	248,396
2024-11-05	$171.36	$155.00	27.3%	11.3%	21.0%	30.7%	39.2%	2.1%	13.3%	55.6M	-2.03B	-9.0M	0.81	29.22	8,892	7,191	275,820	251,907
2024-11-06	$180.66	$155.00	24.1%	10.6%	27.4%	18.7%	37.6%	1.5%	13.4%	83.5M	-2.99B	-8.8M	0.45	30.98	35,706	15,983	277,480	254,867
2024-11-07	$186.33	$155.00	26.5%	10.4%	28.4%	27.9%	36.6%	0.6%	13.7%	85.9M	-3.56B	-8.1M	0.40	41.17	34,075	13,550	281,575	258,521
2024-11-08	$189.31	$155.00	28.7%	10.4%	28.7%	36.3%	36.5%	0.5%	13.8%	81.2M	-3.86B	-8.0M	0.21	29.15	82,859	17,619	286,617	264,815
2024-11-11	$188.92	$155.00	36.2%	10.8%	28.8%	64.6%	38.3%	0.9%	-1.2%	84.6M	-3.70B	-8.4M	0.34	31.91	23,212	7,956	290,321	260,748
2024-11-12	$189.55	$155.00	38.5%	11.2%	28.1%	73.3%	39.3%	0.2%	-1.1%	83.2M	-3.77B	-8.4M	0.44	33.50	20,391	8,941	294,527	262,629
2024-11-13	$189.73	$155.00	40.0%	11.1%	28.1%	78.8%	39.4%	-0.6%	-1.1%	87.6M	-3.85B	-8.2M	0.71	37.30	27,044	19,185	298,580	265,405
2024-11-14	$186.86	$155.00	40.7%	11.4%	28.9%	81.4%	40.7%	-0.4%	-1.1%	71.6M	-3.41B	-9.1M	0.78	18.05	12,157	9,436	303,171	274,965
2024-11-15	$182.49	$160.00	42.0%	11.9%	30.4%	86.7%	41.6%	0.4%	-1.1%	47.0M	-2.92B	-9.1M	0.94	16.86	23,662	22,133	303,486	276,817
2024-11-18	$185.35	$160.00	42.5%	12.0%	30.4%	88.3%	42.7%	-0.0%	-2.9%	51.1M	-2.69B	-8.9M	0.70	22.58	10,191	7,140	253,589	237,312
2024-11-19	$188.84	$160.00	42.6%	12.2%	30.8%	88.9%	43.3%	-1.0%	-2.9%	59.1M	-2.99B	-8.8M	0.76	23.97	10,992	8,403	257,969	239,853
2024-11-20	$190.65	$160.00	43.5%	12.5%	30.5%	92.3%	44.2%	-0.3%	-3.2%	61.4M	-3.15B	-8.9M	0.69	25.81	14,642	10,074	261,139	243,022
2024-11-21	$192.99	$160.00	44.7%	13.0%	30.7%	96.6%	45.8%	-0.9%	-4.4%	70.3M	-3.37B	-8.6M	0.63	28.15	51,982	32,700	265,536	248,067
2024-11-22	$191.85	$160.00	43.1%	12.6%	30.7%	90.7%	44.7%	-0.9%	-3.3%	62.6M	-3.21B	-9.1M	0.39	26.79	28,539	11,092	273,356	266,331
2024-11-25	$188.98	$160.00	41.4%	12.7%	31.4%	84.1%	44.8%	-0.9%	-2.6%	44.5M	-2.85B	-9.2M	1.04	25.90	14,762	15,323	267,124	259,209
2024-11-26	$190.63	$160.00	41.5%	13.0%	31.4%	84.4%	45.8%	-0.5%	-2.4%	53.3M	-3.04B	-8.8M	0.63	23.02	48,754	30,692	272,106	264,049
2024-11-27	$182.81	$170.00	42.1%	13.0%	35.4%	86.7%	45.5%	-1.4%	-3.7%	18.3M	-2.20B	-9.7M	0.73	24.41	41,627	30,272	288,661	285,562
2024-11-29	$185.25	$170.00	41.1%	13.6%	32.1%	82.9%	47.4%	0.4%	-3.1%	61.2M	-2.58B	-9.4M	0.45	21.46	18,939	8,434	294,828	287,439