ORCL Options History — January 2026

In January 2026, ORCL traded between $164.73 and $205.14. ATM implied volatility averaged 48.1%, placing in the 50.8% IV rank vs the trailing year. The 30-day expected move averaged 13.6%. IV traded below realized volatility by 2.1% (HV 20d: 50.2%). Max pain ranged from $190.00 to $210.00. Net GEX was positive for 3 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.84.

Notable Days

  • 2026-01-29: Highest Volume — 635,234 contracts
  • 2026-01-20: Largest IV spike — 7.3% change
  • 2026-01-29: Highest IV Rank — 64.0%
  • 2026-01-29: Largest Expected Move — 15.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$185.92$164.73$205.14$195.67$164.73
Max Pain$199.00$190.00$210.00$200.00$190.00
ATM IV48.1%43.0%54.6%43.0%54.3%
Expected Move13.6%12.2%15.6%12.2%15.4%
HV 20d50.2%40.9%64.6%63.3%45.4%
HV 60d54.0%52.3%55.7%55.7%53.5%
IV Rank50.8%41.4%64.0%41.4%63.3%
IV Percentile62.5%44.0%85.3%44.0%84.5%
Term Structure-0.3%-2.0%0.9%0.7%0.4%
VWIV48.4%43.5%57.3%43.5%57.3%
Skew 25d1.9%0.3%4.3%1.2%3.4%
Skew 10d4.1%1.8%9.2%3.5%6.4%
Call IV 25d47.7%42.8%53.7%42.8%53.0%
Put IV 25d49.6%44.1%57.9%44.1%56.4%
Bid-Ask Spread %16.807.8024.207.8012.50
Gamma HHI0.090.040.500.040.29
Net GEX-24.3M-192.5M368.9M-15.6M-192.5M
Net DEX1.94B-1.49B4.63B830.4M4.63B
Net VEX-54.4M-58.1M-50.6M-55.1M-51.6M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.840.314.020.450.83
Total Volume299,846.2112,692635,234155,047263,245
Total OI2,116,885.651,832,7902,297,9152,102,4282,297,915

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-01-02$195.67$200.0043.0%12.2%63.3%41.4%43.5%1.2%0.7%-15.6M830.4M-55.1M0.457.80106,56848,4791,086,6371,015,791
2026-01-05$193.06$210.0045.4%12.9%61.8%46.7%45.9%1.1%0.8%-18.7M1.42B-53.9M0.3516.46176,97461,2971,041,506970,150
2026-01-06$193.68$210.0044.6%12.7%61.6%44.6%46.0%1.9%0.9%-3.0M1.19B-54.3M0.4318.48125,92054,2451,100,276988,368
2026-01-07$193.06$210.0045.0%12.7%61.2%45.6%45.2%2.2%-0.3%-3.6M1.29B-54.7M0.4115.9180,10532,5871,132,1951,009,193
2026-01-08$189.36$210.0044.7%12.6%61.1%44.3%45.4%1.2%0.5%-59.1M2.28B-53.5M0.4217.69195,22581,9691,147,8591,018,566
2026-01-09$199.82$210.0044.7%12.6%64.6%43.3%44.4%1.6%-0.7%368.9M-442.6M-56.8M0.3920.04314,922122,6791,157,4121,040,877
2026-01-12$205.14$200.0047.3%13.2%49.8%49.2%46.7%0.3%-1.3%73.3M-1.49B-58.1M0.5518.53260,947143,2361,112,4301,000,334
2026-01-13$202.01$200.0047.1%13.3%46.4%48.7%47.2%1.7%-0.7%68.9M-885.1M-57.6M1.1224.20110,874123,7131,158,0231,015,114
2026-01-14$192.32$200.0049.0%13.6%48.7%53.0%47.6%1.9%-1.5%-30.2M1.41B-55.7M1.4516.97137,531198,7421,171,3411,020,717
2026-01-15$189.78$200.0048.1%13.5%48.3%50.9%47.3%1.6%-1.4%-59.7M1.83B-55.6M4.0219.8190,843364,9171,192,4531,039,721
2026-01-16$191.25$200.0046.8%13.2%42.4%47.8%47.0%1.6%-1.2%-47.2M1.31B-55.9M0.6916.65164,615113,1311,210,2441,057,817
2026-01-20$180.13$200.0050.2%14.3%47.8%55.6%50.4%2.6%-0.2%-86.2M3.04B-52.2M0.6115.98125,87477,187922,693910,097
2026-01-21$173.78$195.0048.7%14.0%40.9%52.2%49.5%2.1%-0.1%-102.9M4.11B-50.6M0.7016.22178,067124,471963,028935,816
2026-01-22$177.99$195.0047.4%13.6%41.1%48.1%47.4%1.8%0.1%-71.7M3.02B-53.0M0.9614.79158,298151,7131,023,649958,366
2026-01-23$177.18$190.0047.4%13.5%41.0%48.2%48.2%2.4%0.5%-56.6M3.14B-53.8M0.4813.16199,51895,2981,075,2861,027,741
2026-01-26$183.00$190.0048.7%13.7%42.7%51.2%48.7%1.3%0.7%-12.7M1.52B-55.4M0.3115.11218,13368,2511,020,699984,712
2026-01-27$174.78$190.0051.0%14.7%45.1%56.5%51.7%2.3%0.5%-49.3M3.09B-53.0M0.5614.65169,17694,0621,074,073996,787
2026-01-28$173.15$190.0053.5%15.2%44.9%61.5%54.6%1.3%-2.0%-63.8M3.23B-54.2M0.4720.09223,252105,6261,126,1051,047,643
2026-01-29$168.45$190.0054.6%15.6%45.1%64.0%54.7%4.3%-1.0%-124.7M4.29B-52.4M1.6321.00241,951393,2831,169,2661,116,813
2026-01-30$164.73$190.0054.3%15.4%45.4%63.3%57.3%3.4%0.4%-192.5M4.63B-51.6M0.8312.50143,962119,2831,219,5781,078,337