ORCL Options History — March 2026

In March 2026, ORCL traded between $138.19 and $162.63. ATM implied volatility averaged 59.5%, placing in the 63.4% IV rank vs the trailing year. The 30-day expected move averaged 17.5%. IV traded above realized volatility by 7.2% (HV 20d: 52.3%). Max pain ranged from $162.50 to $180.00. Net GEX was positive for 5 of 21 trading days. Term structure was in contango for 9 of 21 days. Put/call ratio averaged 1.02.

Notable Days

  • 2026-03-11: Highest Volume — 1,091,220 contracts
  • 2026-03-11: Largest IV drop — 19.4% change
  • 2026-03-06: Highest IV Rank — 93.9%
  • 2026-03-03: Largest Expected Move — 24.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$150.57$138.19$162.63$148.62$146.93
Max Pain$169.75$162.50$180.00$170.00$162.50
ATM IV59.5%49.6%74.7%73.9%52.2%
Expected Move17.5%14.1%24.5%24.4%15.0%
HV 20d52.3%41.4%68.0%67.9%50.2%
HV 60d55.3%52.1%59.3%59.3%53.8%
IV Rank63.4%43.7%93.9%92.2%48.8%
IV Percentile77.4%56.7%98.0%97.6%63.9%
Term Structure-0.9%-4.6%2.2%-4.6%0.5%
VWIV60.8%49.1%86.4%86.2%51.3%
Skew 25d6.9%3.6%13.7%5.6%6.4%
Skew 10d14.2%7.7%23.1%10.4%13.8%
Call IV 25d57.2%46.0%71.4%71.4%49.6%
Put IV 25d64.1%54.1%84.9%77.0%56.0%
Bid-Ask Spread %14.524.9840.3011.754.98
Gamma HHI0.060.040.160.050.04
Net GEX-36.8M-143.1M92.0M-44.6M-19.3M
Net DEX3.49B1.30B4.78B3.83B3.18B
Net VEX-49.1M-53.6M-44.0M-49.9M-47.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.592.091.060.60
Total Volume330,164.6169,6191,091,220368,246169,619
Total OI2,427,419.552,050,5392,782,8542,422,6372,208,257

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2026-03-02$148.62$170.0073.9%24.4%67.9%92.2%86.2%5.6%-4.6%-44.6M3.83B-49.9M1.0611.75178,998189,2481,182,9651,239,672
2026-03-03$149.39$170.0072.6%24.5%68.0%89.7%86.4%5.4%-3.5%-33.3M3.75B-50.3M0.9812.24103,213101,5241,248,1411,256,991
2026-03-04$152.81$170.0071.2%24.2%66.2%86.8%84.8%5.1%-4.0%9.7M3.06B-51.4M0.8811.99126,714110,9071,268,7711,270,905
2026-03-05$154.22$180.0071.2%19.2%64.2%86.9%67.1%5.9%-1.3%39.6M2.66B-51.9M1.1031.97169,453186,8501,297,0911,266,877
2026-03-06$154.84$180.0074.7%20.3%55.9%93.9%70.3%13.7%0.1%75.7M2.44B-52.6M0.7140.30238,145168,0101,327,1331,269,261
2026-03-09$151.65$175.0072.5%19.7%54.7%89.4%69.5%5.3%-3.4%-12.5M3.52B-51.2M0.6122.96152,30992,5281,231,8461,089,435
2026-03-10$151.13$175.0069.9%19.1%41.4%84.3%67.1%3.6%-3.1%-9.1M3.50B-50.5M0.5927.46329,196195,6721,273,4311,111,808
2026-03-11$162.63$175.0056.4%15.8%48.8%57.3%55.2%8.1%-1.5%92.0M1.30B-53.6M0.6625.78658,187433,0331,409,7061,210,237
2026-03-12$159.23$170.0055.5%17.3%48.8%55.4%55.0%6.0%-1.9%22.9M2.52B-53.3M1.5414.57224,306345,7361,460,0261,322,828
2026-03-13$0.00$0.0055.2%0.0%48.8%54.9%0.0%0.0%0.0%-54.1M3.75B-51.2M0.000.000000
2026-03-16$155.35$170.0053.7%15.4%48.8%52.0%53.5%6.7%-0.7%-46.7M3.56B-50.1M1.539.80129,003198,0071,332,2271,223,967
2026-03-17$153.99$170.0050.0%14.3%49.0%44.5%49.3%6.5%0.1%-57.1M3.80B-48.9M1.7811.67111,017197,2341,361,9471,259,595
2026-03-18$153.19$170.0050.7%14.5%48.7%45.9%51.5%7.2%0.8%-67.8M3.84B-48.5M2.098.5180,876169,2171,389,5101,274,407
2026-03-20$148.66$170.0053.4%15.4%47.9%51.3%51.6%8.1%0.2%-143.1M4.52B-47.0M0.7713.03158,113121,5931,426,2231,309,956
2026-03-23$154.63$165.0049.6%14.1%49.7%43.7%49.1%8.0%0.8%-29.0M2.64B-48.0M0.696.14116,49480,0501,004,9171,045,622
2026-03-24$148.06$165.0051.1%14.7%52.1%46.6%51.1%7.3%-0.5%-73.7M3.60B-45.9M1.048.16105,284109,3011,047,4031,070,715
2026-03-25$145.65$165.0051.5%15.0%49.3%47.5%50.8%6.2%1.1%-91.7M3.99B-45.3M0.827.46122,590100,3071,078,9481,085,680
2026-03-26$142.72$165.0052.0%15.1%46.2%48.6%52.1%7.7%-1.0%-114.1M4.39B-45.0M0.747.78124,78392,7251,112,2221,120,836
2026-03-27$139.59$165.0055.0%15.7%45.4%54.6%54.9%7.2%0.8%-139.8M4.78B-44.7M1.027.74111,128113,3171,152,6111,148,841
2026-03-30$138.19$162.5056.6%16.1%45.1%57.6%59.3%8.1%2.2%-76.2M4.56B-44.0M1.146.0787,930100,6751,090,5951,066,788
2026-03-31$146.93$162.5052.2%15.0%50.2%48.8%51.3%6.4%0.5%-19.3M3.18B-47.5M0.604.98106,01463,6051,120,3341,087,923