ORCL Options History — July 2025

In July 2025, ORCL traded between $219.23 and $255.18. ATM implied volatility averaged 33.5%, placing in the 27.2% IV rank vs the trailing year. The 30-day expected move averaged 9.5%. IV traded below realized volatility by 9.2% (HV 20d: 42.8%). Max pain ranged from $180.00 to $215.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 8 of 22 days. Put/call ratio averaged 0.37.

Notable Days

2025-07-17: Highest Volume — 296,913 contracts
2025-07-03: Largest IV spike — 5.2% change
2025-07-07: Highest IV Rank — 33.0%
2025-07-08: Largest Expected Move — 10.2%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$239.22	$219.23	$255.18	$219.23	$255.18
Max Pain	$201.59	$180.00	$215.00	$180.00	$215.00
ATM IV	33.5%	30.9%	35.8%	32.4%	35.1%
Expected Move	9.5%	8.8%	10.2%	8.8%	9.8%
HV 20d	42.8%	28.7%	58.8%	55.4%	28.7%
HV 60d	43.4%	39.3%	53.4%	53.4%	39.4%
IV Rank	27.2%	21.2%	33.0%	25.9%	30.2%
IV Percentile	46.7%	36.5%	54.0%	48.0%	51.6%
Term Structure	-0.3%	-2.6%	0.9%	-2.6%	-1.0%
VWIV	34.0%	30.9%	35.8%	30.9%	35.2%
Skew 25d	1.9%	0.8%	3.1%	1.0%	3.0%
Skew 10d	4.1%	0.5%	7.2%	1.9%	5.1%
Call IV 25d	33.0%	30.2%	35.6%	31.4%	34.2%
Put IV 25d	34.9%	32.2%	38.6%	32.3%	37.2%
Bid-Ask Spread %	40.22	18.67	62.94	34.73	19.65
Gamma HHI	0.10	0.08	0.20	0.10	0.10
Net GEX	169.0M	100.9M	241.4M	131.4M	200.0M
Net DEX	-7.60B	-9.45B	-6.14B	-6.14B	-9.06B
Net VEX	-23.0M	-25.9M	-20.4M	-20.4M	-25.9M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.37	0.08	0.68	0.42	0.47
Total Volume	138,886.545	43,722	296,913	107,998	150,737
Total OI	925,726.273	863,087	1,016,089	869,793	963,703

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
2025-07-01	$219.23	$180.00	32.4%	8.8%	55.4%	25.9%	30.9%	1.0%	-2.6%	131.4M	-6.14B	-20.4M	0.42	34.73	76,017	31,981	505,010	364,783
2025-07-02	$227.32	$185.00	33.7%	9.0%	55.9%	28.5%	31.9%	1.9%	-1.4%	195.3M	-7.42B	-20.9M	0.32	32.56	166,427	52,475	516,665	371,402
2025-07-03	$237.13	$190.00	35.4%	9.9%	56.2%	32.2%	35.3%	3.1%	-0.8%	200.5M	-8.99B	-20.5M	0.32	53.67	192,746	61,578	535,425	385,301
2025-07-07	$233.06	$190.00	35.8%	10.1%	57.5%	33.0%	35.8%	0.8%	-0.3%	140.9M	-7.55B	-21.0M	0.29	54.42	120,445	35,505	498,809	364,278
2025-07-08	$234.03	$190.00	35.4%	10.2%	57.6%	31.8%	35.8%	1.0%	-0.2%	165.0M	-7.72B	-21.1M	0.22	54.87	183,820	41,255	520,789	371,834
2025-07-09	$235.00	$195.00	33.9%	9.8%	57.8%	28.2%	35.1%	1.9%	0.3%	178.3M	-7.91B	-21.4M	0.08	51.80	232,757	18,613	548,517	386,146
2025-07-10	$235.70	$200.00	33.5%	9.3%	57.5%	27.3%	33.5%	1.4%	-2.0%	216.8M	-7.15B	-21.1M	0.36	59.25	82,575	29,963	519,739	391,062
2025-07-11	$230.64	$200.00	33.1%	9.4%	58.8%	25.8%	34.1%	1.9%	-0.5%	132.0M	-6.19B	-22.5M	0.54	62.94	86,315	46,517	535,456	396,852
2025-07-14	$229.15	$200.00	33.2%	9.5%	44.0%	26.1%	34.1%	1.8%	-0.5%	136.1M	-6.17B	-22.8M	0.39	51.54	63,050	24,421	517,063	389,230
2025-07-15	$234.95	$200.00	33.7%	9.7%	36.4%	27.2%	34.2%	1.4%	-0.6%	191.5M	-7.15B	-22.7M	0.24	43.33	67,216	16,272	526,973	398,303
2025-07-16	$240.80	$200.00	33.5%	9.6%	35.7%	26.7%	34.0%	1.9%	-0.6%	230.1M	-8.12B	-22.4M	0.33	44.37	109,379	36,278	536,418	402,146
2025-07-17	$248.86	$200.00	34.3%	9.8%	36.2%	28.5%	35.3%	1.5%	-0.2%	241.4M	-9.45B	-22.3M	0.37	36.01	216,856	80,057	551,085	412,686
2025-07-18	$245.73	$210.00	33.4%	9.6%	37.0%	26.5%	34.2%	1.7%	0.1%	226.4M	-8.61B	-23.8M	0.45	18.67	81,808	36,604	576,957	439,132
2025-07-21	$243.78	$210.00	32.3%	9.3%	35.6%	24.2%	33.5%	1.1%	0.6%	121.8M	-7.32B	-23.5M	0.45	28.30	50,389	22,528	511,412	372,355
2025-07-22	$238.06	$210.00	33.3%	9.8%	37.4%	26.4%	35.6%	2.2%	0.4%	100.9M	-6.50B	-23.9M	0.68	28.85	61,216	41,612	530,164	380,063
2025-07-23	$241.47	$210.00	33.4%	9.6%	34.9%	26.6%	34.1%	2.1%	0.7%	122.5M	-6.94B	-24.5M	0.35	29.55	65,248	22,543	537,209	391,270
2025-07-24	$242.54	$210.00	31.8%	9.2%	32.9%	23.1%	33.1%	2.1%	0.8%	136.1M	-7.21B	-24.5M	0.33	32.38	59,639	19,920	555,856	397,942
2025-07-25	$245.28	$210.00	30.9%	8.8%	32.9%	21.2%	31.5%	2.1%	0.9%	196.7M	-7.73B	-24.4M	0.50	42.89	49,946	24,959	562,464	403,446
2025-07-28	$247.12	$210.00	32.4%	9.0%	32.3%	24.3%	32.6%	2.0%	0.1%	130.4M	-7.64B	-24.2M	0.14	28.60	133,032	18,385	518,784	383,697
2025-07-29	$249.15	$210.00	33.4%	9.5%	30.0%	26.5%	33.9%	2.2%	-0.3%	164.2M	-8.16B	-25.7M	0.33	35.82	75,706	24,992	551,288	389,936
2025-07-30	$248.63	$210.00	33.9%	9.7%	29.9%	27.6%	34.4%	2.9%	-0.1%	159.3M	-8.10B	-25.6M	0.55	40.76	28,262	15,460	557,528	396,800
2025-07-31	$255.18	$215.00	35.1%	9.8%	28.7%	30.2%	35.2%	3.0%	-1.0%	200.0M	-9.06B	-25.9M	0.47	19.65	102,840	47,897	561,341	402,362