ORCL Options History — August 2025

In August 2025, ORCL traded between $225.79 and $255.83. ATM implied volatility averaged 47.6%, placing in the 57.1% IV rank vs the trailing year. The 30-day expected move averaged 14.5%. IV traded above realized volatility by 13.5% (HV 20d: 34.1%). Max pain ranged from $195.00 to $215.00. Net GEX was positive for 20 of 21 trading days. Term structure was in contango for 5 of 21 days. Put/call ratio averaged 0.61.

Notable Days

2025-08-29: Highest Volume — 166,105 contracts
2025-08-11: Largest IV spike — 16.6% change
2025-08-19: Highest IV Rank — 71.3%
2025-08-29: Largest Expected Move — 16.9%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$243.41	$225.79	$255.83	$244.95	$225.79
Max Pain	$200.24	$195.00	$215.00	$215.00	$200.00
ATM IV	47.6%	35.4%	54.2%	36.7%	52.8%
Expected Move	14.5%	10.4%	16.9%	10.4%	16.9%
HV 20d	34.1%	29.9%	39.9%	29.9%	39.9%
HV 60d	41.7%	39.8%	45.0%	40.4%	45.0%
IV Rank	57.1%	30.8%	71.3%	33.7%	68.4%
IV Percentile	83.7%	52.0%	97.2%	55.6%	94.4%
Term Structure	1.3%	-2.9%	13.6%	-0.4%	-2.9%
VWIV	51.2%	37.1%	59.0%	37.1%	59.0%
Skew 25d	3.0%	1.2%	5.5%	3.9%	1.5%
Skew 10d	6.2%	2.9%	9.1%	7.5%	3.3%
Call IV 25d	46.5%	32.8%	53.6%	35.6%	53.6%
Put IV 25d	49.6%	37.8%	56.1%	39.5%	55.1%
Bid-Ask Spread %	30.90	18.33	43.00	28.20	22.06
Gamma HHI	0.09	0.06	0.21	0.08	0.15
Net GEX	100.2M	-844.4K	175.5M	118.4M	-844.4K
Net DEX	-6.65B	-8.65B	-4.07B	-7.17B	-4.07B
Net VEX	-26.4M	-27.2M	-25.4M	-26.5M	-26.3M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.61	0.33	1.14	0.86	0.69
Total Volume	76,765.81	39,566	166,105	106,926	166,105
Total OI	940,186.571	844,745	1,023,772	970,805	945,081

Daily Data (21 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
2025-08-01	$244.95	$215.00	36.7%	10.4%	29.9%	33.7%	37.1%	3.9%	-0.4%	118.4M	-7.17B	-26.5M	0.86	28.20	57,470	49,456	560,595	410,210
2025-08-04	$252.65	$195.00	35.4%	13.4%	30.7%	30.8%	46.7%	5.5%	13.6%	123.7M	-8.17B	-25.8M	0.58	26.60	34,694	20,166	533,839	396,995
2025-08-05	$255.83	$195.00	36.8%	13.4%	30.9%	33.9%	47.5%	3.6%	11.3%	134.4M	-8.65B	-25.8M	0.45	40.52	56,775	25,318	540,817	403,894
2025-08-06	$255.45	$200.00	35.7%	13.4%	30.9%	31.5%	47.4%	3.4%	12.7%	149.7M	-8.62B	-26.0M	0.41	40.79	34,698	14,132	551,066	413,677
2025-08-07	$248.94	$200.00	39.4%	13.9%	32.7%	39.5%	48.7%	4.5%	10.2%	111.8M	-7.58B	-26.8M	0.54	42.91	53,036	28,650	558,056	416,601
2025-08-08	$249.83	$200.00	40.1%	13.5%	31.4%	41.0%	48.1%	4.2%	12.6%	133.1M	-7.79B	-26.1M	0.58	38.03	41,255	24,134	564,510	421,525
2025-08-11	$252.68	$200.00	46.8%	13.9%	31.3%	55.3%	47.9%	4.1%	-1.0%	126.4M	-8.18B	-25.8M	0.38	34.71	35,417	13,594	547,218	409,616
2025-08-12	$254.84	$200.00	48.2%	13.9%	30.4%	58.3%	47.9%	3.2%	-1.0%	140.8M	-8.56B	-25.4M	0.33	32.06	60,014	19,607	554,677	413,496
2025-08-13	$243.19	$200.00	51.5%	14.3%	34.3%	65.5%	50.2%	3.3%	-1.6%	87.8M	-6.78B	-26.3M	0.54	43.00	70,619	38,001	563,662	421,252
2025-08-14	$244.80	$200.00	51.5%	14.3%	32.2%	65.4%	49.7%	2.6%	-1.7%	96.1M	-7.08B	-26.6M	0.50	42.12	65,203	32,673	578,810	432,015
2025-08-15	$248.81	$200.00	50.8%	14.2%	32.4%	64.1%	49.8%	2.5%	-1.9%	175.5M	-7.77B	-26.0M	0.48	30.97	74,963	35,616	585,371	438,401
2025-08-18	$248.22	$200.00	51.0%	14.4%	32.3%	64.5%	52.4%	3.0%	-2.7%	94.9M	-6.69B	-26.2M	1.14	18.58	24,294	27,582	500,291	344,454
2025-08-19	$234.12	$200.00	54.2%	15.4%	37.7%	71.3%	54.2%	3.2%	-2.8%	56.1M	-4.94B	-26.9M	0.73	22.47	59,722	43,879	506,564	358,654
2025-08-20	$235.18	$200.00	53.1%	15.2%	37.4%	68.9%	53.9%	2.7%	-2.0%	60.4M	-5.08B	-26.9M	0.79	27.03	51,575	40,666	522,890	373,116
2025-08-21	$233.54	$200.00	53.3%	15.4%	37.4%	69.4%	54.4%	2.9%	-2.9%	64.9M	-4.94B	-27.2M	0.79	28.68	26,664	20,988	535,963	380,239
2025-08-22	$235.80	$200.00	52.7%	15.4%	37.3%	68.1%	54.0%	2.3%	-2.9%	74.1M	-5.31B	-26.9M	0.45	26.20	54,565	24,581	540,726	383,995
2025-08-25	$236.06	$200.00	52.3%	15.7%	37.1%	67.2%	55.2%	1.6%	-2.0%	82.5M	-5.44B	-26.7M	0.52	18.33	28,780	14,883	518,330	366,600
2025-08-26	$234.48	$200.00	52.9%	16.1%	37.0%	68.4%	57.0%	1.9%	-1.0%	77.2M	-5.25B	-26.7M	0.82	29.18	21,772	17,794	526,325	374,459
2025-08-27	$236.20	$200.00	52.5%	16.2%	37.1%	67.6%	57.1%	2.5%	-2.6%	83.4M	-5.47B	-26.9M	0.77	27.23	23,305	17,997	533,412	382,831
2025-08-28	$240.25	$200.00	51.6%	16.1%	36.4%	65.7%	56.8%	1.2%	-2.7%	113.4M	-6.06B	-26.9M	0.55	29.31	39,669	21,770	542,710	390,975
2025-08-29	$225.79	$200.00	52.8%	16.9%	39.9%	68.4%	59.0%	1.5%	-2.9%	-844.4K	-4.07B	-26.3M	0.69	22.06	98,155	67,950	552,804	392,277