ORCL Options History — January 2025

In January 2025, ORCL traded between $153.20 and $184.67. ATM implied volatility averaged 29.1%, placing in the 37.6% IV rank vs the trailing year. The 30-day expected move averaged 8.3%. IV traded below realized volatility by 14.4% (HV 20d: 43.5%). Max pain ranged from $160.00 to $175.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 8 of 20 days. Put/call ratio averaged 0.62.

Notable Days

  • 2025-01-22: Highest Volume — 338,245 contracts
  • 2025-01-27: Largest IV spike — 55.5% change
  • 2025-01-27: Highest IV Rank — 84.9%
  • 2025-01-27: Largest Expected Move — 12.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$165.63$153.20$184.67$166.06$169.48
Max Pain$167.88$160.00$175.00$160.00$165.00
ATM IV29.1%24.3%41.6%25.4%32.3%
Expected Move8.3%6.9%12.1%7.2%9.1%
HV 20d43.5%26.1%76.1%35.7%76.1%
HV 60d37.7%30.1%51.6%31.0%51.5%
IV Rank37.6%19.7%84.9%23.7%49.9%
IV Percentile63.2%46.4%91.7%55.6%67.5%
Term Structure-0.1%-0.8%1.2%-0.4%0.4%
VWIV29.3%24.1%42.6%26.0%32.9%
Skew 25d1.2%-1.8%3.1%2.4%1.2%
Skew 10d2.1%-9.2%13.0%4.0%1.7%
Call IV 25d28.8%23.4%40.1%23.8%32.2%
Put IV 25d30.0%25.7%42.2%26.2%33.4%
Bid-Ask Spread %31.3816.2039.6937.7616.20
Gamma HHI0.110.060.220.100.15
Net GEX10.1M-46.0M94.8M-8.3M87.0M
Net DEX-770.4M-3.02B714.1M-662.0M-1.34B
Net VEX-11.0M-14.6M-9.1M-9.8M-14.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.620.131.461.250.29
Total Volume114,402.0525,619338,24525,619106,435
Total OI621,893445,703729,866606,403729,866

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-01-02$166.06$160.0025.4%7.2%35.7%23.7%26.0%2.4%-0.4%-8.3M-662.0M-9.8M1.2537.7611,36914,250316,635289,768
2025-01-03$165.99$160.0024.3%6.9%33.2%19.7%24.1%2.4%0.3%-19.7M-644.8M-9.7M0.7037.1017,08411,888319,437293,454
2025-01-06$165.57$175.0024.9%7.2%33.1%21.7%25.3%1.6%0.4%-23.8M-614.2M-9.7M0.5539.6918,72910,225309,174293,597
2025-01-07$161.56$175.0026.5%7.5%30.6%28.0%26.4%2.5%-0.1%-37.8M-180.3M-9.6M0.7039.3331,36021,801314,787297,776
2025-01-08$163.12$175.0025.6%7.3%31.1%24.5%25.9%1.4%-0.1%-33.9M-357.7M-9.7M0.1337.1078,78610,286323,565305,477
2025-01-10$154.12$175.0027.9%8.0%27.1%33.1%28.0%1.9%1.2%-42.0M714.1M-9.1M1.0030.5759,21859,035313,242305,459
2025-01-13$153.20$170.0028.5%8.0%26.1%35.4%27.9%3.1%-0.4%-46.0M645.2M-9.3M1.2633.9929,56637,196309,904312,015
2025-01-14$156.14$170.0029.1%8.1%27.4%37.7%28.4%2.2%-0.8%-34.9M262.9M-9.8M0.6632.6136,81424,287320,931315,230
2025-01-15$158.56$165.0026.7%7.4%28.2%28.4%26.1%1.8%-0.7%-18.2M-74.6M-9.8M0.7127.3634,56924,383331,937312,283
2025-01-16$159.93$165.0026.3%7.4%28.5%27.2%25.9%1.9%-0.8%-16.4M-310.2M-9.9M1.4633.0431,33645,855340,014314,556
2025-01-17$160.90$165.0025.8%7.3%28.6%25.0%25.4%1.5%-0.6%-26.8M-597.6M-10.0M0.3539.5045,54916,068344,694311,213
2025-01-21$172.36$165.0030.4%8.7%37.2%42.8%31.0%-0.5%-0.6%45.8M-1.50B-10.6M0.1635.63195,74930,873244,399201,304
2025-01-22$184.28$165.0031.0%8.9%43.4%44.8%31.9%-1.8%0.0%94.8M-3.02B-11.1M0.3025.01260,84877,397303,916213,213
2025-01-23$184.67$170.0027.5%7.9%43.4%31.8%28.3%-0.6%0.3%90.1M-2.75B-11.5M0.6429.4287,87456,267328,262242,248
2025-01-24$183.38$172.5026.7%7.6%43.5%28.8%27.7%-0.3%0.3%59.3M-2.56B-12.0M0.6020.6172,33043,486346,289267,653
2025-01-27$156.48$170.0041.6%12.1%72.2%84.9%42.6%2.2%0.4%-5.1M221.4M-12.1M0.5523.90214,497118,846302,874248,662
2025-01-28$164.28$165.0032.2%9.3%74.5%49.3%33.3%0.7%-0.7%37.8M-696.8M-13.8M0.3625.07114,21840,981397,177288,891
2025-01-29$162.44$165.0034.9%10.1%74.3%59.8%36.1%0.7%-0.5%26.6M-471.0M-13.9M0.4235.4443,68318,396404,662300,839
2025-01-30$170.05$165.0033.8%9.3%76.1%55.6%33.4%0.4%-0.4%72.8M-1.47B-14.6M0.3628.35100,16136,346414,662307,795
2025-01-31$169.48$165.0032.3%9.1%76.1%49.9%32.9%1.2%0.4%87.0M-1.34B-14.5M0.2916.2082,33024,105416,830313,036