ORCL Options History — February 2025

In February 2025, ORCL traded between $163.84 and $180.80. ATM implied volatility averaged 44.3%, placing in the 86.3% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded below realized volatility by 21.2% (HV 20d: 65.5%). Max pain ranged from $167.50 to $170.00. Net GEX was positive for 18 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.58.

Notable Days

  • 2025-02-21: Highest Volume — 115,556 contracts
  • 2025-02-10: Largest IV spike — 17.7% change
  • 2025-02-12: Highest IV Rank — 100.0%
  • 2025-02-28: Largest Expected Move — 16.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$172.35$163.84$180.80$168.55$163.84
Max Pain$169.61$167.50$170.00$167.50$170.00
ATM IV44.3%31.6%52.8%32.5%52.6%
Expected Move13.3%8.7%16.7%9.4%16.7%
HV 20d65.5%35.2%76.4%76.1%35.2%
HV 60d51.0%50.0%52.1%51.5%52.0%
IV Rank86.3%47.1%100.0%50.5%99.4%
IV Percentile91.0%64.7%100.0%67.5%99.6%
Term Structure1.8%-3.8%14.5%12.3%-1.0%
VWIV46.7%30.9%58.6%33.3%58.6%
Skew 25d1.6%-0.7%4.0%2.0%4.0%
Skew 10d2.1%-2.3%7.6%1.8%7.6%
Call IV 25d43.6%29.9%52.3%32.4%50.8%
Put IV 25d45.2%31.3%55.2%34.3%54.8%
Bid-Ask Spread %27.5612.6535.0827.4829.49
Gamma HHI0.080.060.130.070.06
Net GEX49.5M-10.8K92.5M43.5M2.3M
Net DEX-1.36B-2.28B-278.0M-1.12B-278.0M
Net VEX-13.9M-14.7M-13.3M-14.2M-14.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.580.321.410.480.84
Total Volume55,259.84227,357115,55651,32146,972
Total OI660,171.421603,096699,617666,076652,675

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2025-02-03$168.55$167.5032.5%9.4%76.1%50.5%33.3%2.0%12.3%43.5M-1.12B-14.2M0.4827.4834,78916,532374,093291,983
2025-02-04$168.09$167.5031.8%9.0%76.1%47.8%31.9%1.8%13.1%41.9M-1.05B-14.1M0.3723.0526,8609,822378,302297,995
2025-02-05$171.47$167.5031.6%8.7%76.4%47.1%30.9%0.7%12.9%63.8M-1.50B-14.1M0.3212.6538,39212,248382,656301,645
2025-02-06$172.58$170.0033.3%12.5%75.8%53.5%44.1%1.4%14.5%71.8M-1.63B-14.1M0.3434.7760,09420,285384,430304,306
2025-02-07$174.36$170.0036.0%12.5%75.8%63.8%43.8%0.9%13.6%86.3M-1.89B-14.0M0.3631.2357,48520,475388,536311,081
2025-02-10$179.06$170.0042.4%12.7%72.8%87.8%45.6%1.0%-1.3%88.9M-2.22B-14.0M0.3228.5852,85917,049360,006295,342
2025-02-11$177.02$170.0044.2%12.8%72.9%94.9%45.1%1.6%-1.1%77.7M-1.92B-13.9M0.4429.3319,0228,335362,411301,882
2025-02-12$172.33$170.0046.6%13.0%73.8%100.0%45.9%1.5%-1.2%41.6M-1.31B-13.7M0.6429.5627,03417,205362,632304,160
2025-02-13$173.82$170.0046.3%12.9%73.7%98.9%45.6%1.1%-1.4%59.8M-1.51B-13.6M0.3235.0825,1328,162368,436305,111
2025-02-14$173.41$170.0045.6%12.8%73.7%96.4%45.6%0.8%-1.2%45.6M-1.43B-13.5M0.5124.3424,43812,558371,317306,796
2025-02-18$178.63$170.0047.8%13.6%74.3%100.0%48.1%-0.4%-2.2%82.4M-2.02B-13.4M0.4028.2776,30830,620339,403298,375
2025-02-19$180.80$170.0047.5%13.6%70.5%98.9%47.9%-0.7%-3.2%92.5M-2.28B-13.4M0.5728.7428,80116,516353,662308,092
2025-02-20$176.06$170.0047.9%13.9%66.8%100.0%48.7%1.1%-3.3%62.2M-1.63B-13.6M0.8034.6228,91023,003356,514314,562
2025-02-21$167.99$170.0049.8%14.6%68.6%100.0%51.0%1.9%-3.8%1.2M-548.6M-13.3M0.3626.1485,07130,485361,330317,515
2025-02-24$170.56$170.0050.1%15.2%69.0%100.0%52.9%2.1%-2.7%22.2M-993.4M-14.2M0.8725.0529,74625,841328,345274,751
2025-02-25$168.37$170.0050.5%15.6%38.0%100.0%54.8%2.2%-3.0%19.5M-808.4M-14.3M0.9725.8317,48717,029337,961281,224
2025-02-26$172.78$170.0051.8%16.4%35.2%100.0%56.5%3.8%-3.6%37.0M-1.25B-14.7M0.6522.5824,05115,612341,962286,995
2025-02-27$164.94$170.0052.8%16.6%39.0%100.0%58.0%2.9%-3.2%-10.8K-425.6M-14.3M1.4126.8618,53826,171344,846291,925
2025-02-28$163.84$170.0052.6%16.7%35.2%99.4%58.6%4.0%-1.0%2.3M-278.0M-14.4M0.8429.4925,58021,392348,270304,405