ORCL Options History — December 2024

In December 2024, ORCL traded between $165.76 and $192.31. ATM implied volatility averaged 29.9%, placing in the 40.7% IV rank vs the trailing year. The 30-day expected move averaged 8.8%. IV traded below realized volatility by 6.6% (HV 20d: 36.5%). Max pain ranged from $160.00 to $170.00. Net GEX was positive for 11 of 21 trading days. Term structure was in contango for 7 of 21 days. Put/call ratio averaged 0.60.

Notable Days

  • 2024-12-10: Highest Volume — 299,363 contracts
  • 2024-12-10: Largest IV drop — 47.2% change
  • 2024-12-09: Highest IV Rank — 98.9%
  • 2024-12-04: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$175.39$165.76$192.31$181.75$166.37
Max Pain$161.43$160.00$170.00$170.00$160.00
ATM IV29.9%22.7%45.3%42.2%24.1%
Expected Move8.8%6.5%15.6%14.8%6.9%
HV 20d36.5%29.5%39.9%33.0%35.9%
HV 60d30.6%27.7%34.2%34.2%31.0%
IV Rank40.7%13.6%98.9%87.3%18.9%
IV Percentile62.2%32.1%99.6%96.0%44.4%
Term Structure-0.8%-3.7%1.0%-2.2%1.0%
VWIV31.5%23.1%54.5%51.6%24.2%
Skew 25d0.3%-2.2%2.9%-2.2%2.2%
Skew 10d0.8%-3.7%5.2%1.1%3.5%
Call IV 25d30.1%22.2%45.2%44.0%23.3%
Put IV 25d30.4%23.2%43.6%41.8%25.5%
Bid-Ask Spread %40.0114.9355.8424.2425.40
Gamma HHI0.110.080.290.080.10
Net GEX11.2M-66.8M100.0M31.0M-6.8M
Net DEX-1.55B-3.39B-666.5M-2.12B-706.5M
Net VEX-9.9M-10.7M-9.1M-9.6M-9.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.600.281.040.660.61
Total Volume77,587.28625,312299,36349,86126,021
Total OI661,076.571559,349793,556559,349602,111

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-12-02$181.75$170.0042.2%14.8%33.0%87.3%51.6%-2.2%-2.2%31.0M-2.12B-9.6M0.6624.2429,99019,871278,421280,928
2024-12-03$182.66$170.0040.9%15.1%32.8%82.3%52.8%-0.5%0.2%36.8M-2.27B-9.3M1.0420.2116,24016,925282,858284,827
2024-12-04$188.45$170.0042.5%15.6%34.2%88.4%54.5%-0.6%-3.5%56.0M-2.89B-9.1M0.6314.9346,40329,098284,939292,447
2024-12-05$186.30$160.0042.5%11.1%29.5%88.5%39.6%-0.9%-2.9%44.8M-2.59B-9.5M0.5348.4829,29115,624292,694301,669
2024-12-06$192.31$160.0042.9%11.2%29.6%90.0%39.0%-1.7%-3.6%100.0M-3.39B-9.2M0.6752.2371,30247,593304,191307,977
2024-12-09$189.44$160.0045.3%11.6%29.7%98.9%40.8%-0.9%-3.7%44.7M-2.91B-9.8M0.6553.93152,51198,732306,661309,057
2024-12-10$176.26$160.0023.9%6.8%39.2%18.1%25.5%-1.7%-0.1%-17.2M-1.28B-9.1M0.5955.84188,707110,656382,576357,581
2024-12-11$178.58$160.0024.0%6.9%39.6%18.5%25.4%-1.5%0.3%43.8M-1.90B-9.9M0.6653.2594,16462,522421,513351,704
2024-12-12$175.28$160.0024.1%6.9%39.9%18.8%25.3%-1.0%-0.3%-4.3M-1.34B-10.2M0.8048.9746,08536,857424,737359,597
2024-12-13$172.79$160.0024.1%6.9%39.9%18.8%25.3%-0.9%0.2%-66.8M-1.09B-10.2M0.8542.9748,24241,153431,729361,827
2024-12-16$171.47$160.0024.6%7.0%39.2%20.6%26.1%0.4%-0.2%3.4M-1.14B-10.4M0.2839.5845,84212,945375,457339,890
2024-12-17$169.66$160.0024.8%7.1%38.7%21.3%25.9%-0.2%-0.6%-2.6M-1.03B-10.3M0.6139.0928,03217,171385,372339,178
2024-12-18$165.76$160.0027.6%7.9%38.2%32.1%28.8%0.1%-1.0%-17.5M-666.5M-10.4M0.3943.2533,18813,107392,129338,183
2024-12-19$168.94$160.0029.0%8.4%38.9%37.5%29.7%2.4%-1.8%-580.8K-1.08B-10.7M0.7352.5626,95819,665396,957337,825
2024-12-20$169.78$160.0025.6%7.3%38.5%24.4%25.9%2.9%-0.1%-48.2M-1.11B-10.4M0.5753.4635,53020,110399,307341,662
2024-12-23$169.00$160.0024.8%7.0%38.5%21.6%24.9%2.6%-0.1%-199.1K-925.5M-10.4M0.3735.9020,8477,806312,014283,911
2024-12-24$170.98$160.0022.7%6.6%38.9%13.6%24.4%1.5%1.0%14.0M-1.19B-10.3M0.4250.7320,8138,734318,773285,104
2024-12-26$171.93$160.0023.4%6.5%38.8%16.2%23.1%1.9%0.5%28.2M-1.32B-10.0M0.4142.2617,9037,409322,563286,039
2024-12-27$168.32$160.0024.0%7.0%36.8%18.3%24.7%1.9%0.7%289.3K-857.6M-10.1M0.6915.7323,50716,161324,768288,525
2024-12-30$167.18$160.0024.6%6.8%36.2%20.7%23.8%2.4%-0.0%-3.7M-807.6M-9.9M0.3727.2918,7246,894309,678285,229
2024-12-31$166.37$160.0024.1%6.9%35.9%18.9%24.2%2.2%1.0%-6.8M-706.5M-9.9M0.6125.4016,1749,847314,902287,209