ORCL Options History — April 2026

In April 2026, ORCL traded between $137.21 and $181.88. ATM implied volatility averaged 52.8%, placing in the 50.1% IV rank vs the trailing year. The 30-day expected move averaged 15.1%. IV traded below realized volatility by 2.5% (HV 20d: 55.3%). Max pain ranged from $155.00 to $170.00. Net GEX was positive for 7 of 14 trading days. Term structure was in contango for 3 of 14 days. Put/call ratio averaged 0.58.

Notable Days

2026-04-14: Highest Volume — 643,786 contracts
2026-04-13: Largest IV spike — 6.2% change
2026-04-21: Highest IV Rank — 56.2%
2026-04-21: Largest Expected Move — 16.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$157.13	$137.21	$181.88	$146.07	$181.88
Max Pain	$160.89	$155.00	$170.00	$162.50	$155.00
ATM IV	52.8%	50.9%	55.8%	51.1%	55.8%
Expected Move	15.1%	14.6%	16.0%	14.6%	16.0%
HV 20d	55.3%	46.0%	64.9%	47.9%	62.8%
HV 60d	56.8%	53.7%	60.3%	53.7%	59.3%
IV Rank	50.1%	46.2%	56.2%	46.7%	56.2%
IV Percentile	66.2%	56.0%	78.6%	58.3%	78.6%
Term Structure	-0.5%	-2.8%	0.4%	-0.3%	-2.8%
VWIV	53.0%	49.2%	57.7%	49.2%	57.7%
Skew 25d	3.8%	0.4%	7.5%	6.9%	1.4%
Skew 10d	6.8%	-0.4%	13.5%	10.7%	1.4%
Call IV 25d	51.4%	47.6%	54.9%	47.7%	54.6%
Put IV 25d	55.1%	53.2%	56.7%	54.6%	55.9%
Bid-Ask Spread %	9.82	4.70	16.85	7.04	10.25
Gamma HHI	0.07	0.04	0.27	0.04	0.07
Net GEX	70.4M	-99.8M	324.6M	-7.2M	181.4M
Net DEX	-219.6M	-6.83B	4.77B	3.30B	-5.69B
Net VEX	-52.1M	-63.4M	-42.6M	-47.0M	-63.4M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.58	0.26	1.45	0.72	0.35
Total Volume	347,716.571	96,394	643,786	127,779	435,253
Total OI	2,285,551.929	2,090,352	2,626,539	2,242,089	2,353,795

Daily Data (14 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
2026-04-01	$146.07	$162.50	51.1%	14.6%	47.9%	46.7%	49.2%	6.9%	-0.3%	-7.2M	3.30B	-47.0M	0.72	7.04	74,376	53,403	1,146,788	1,095,301
2026-04-02	$145.72	$170.00	50.9%	14.6%	46.7%	46.2%	51.1%	7.5%	0.4%	-14.3M	3.31B	-46.9M	0.82	16.85	73,718	60,801	1,160,793	1,107,414
2026-04-06	$145.66	$170.00	51.3%	14.7%	46.6%	47.1%	51.2%	6.4%	0.1%	-23.6M	3.51B	-45.7M	0.57	7.34	61,279	35,115	1,098,461	991,891
2026-04-07	$143.58	$170.00	53.3%	15.3%	46.1%	51.1%	52.3%	6.2%	-0.6%	-34.2M	3.84B	-45.0M	0.76	11.36	60,891	46,169	1,116,074	1,004,099
2026-04-08	$144.00	$170.00	50.9%	14.6%	46.0%	46.3%	49.5%	5.9%	-1.3%	-32.0M	3.80B	-45.0M	0.50	12.78	126,051	62,828	1,130,578	1,020,156
2026-04-09	$137.21	$170.00	51.5%	14.8%	48.7%	47.4%	50.4%	5.2%	-0.2%	-77.2M	4.77B	-42.6M	1.45	9.12	148,984	216,616	1,156,024	1,035,066
2026-04-10	$137.91	$155.00	51.9%	14.9%	48.4%	48.2%	51.0%	5.3%	-0.7%	-99.8M	3.52B	-44.0M	0.63	9.85	183,334	115,112	1,209,259	1,009,992
2026-04-13	$154.81	$155.00	55.1%	15.8%	64.3%	54.6%	55.6%	2.4%	-0.1%	61.4M	-82.8M	-51.7M	0.34	8.72	427,103	145,116	1,190,026	982,159
2026-04-14	$162.56	$155.00	54.3%	15.6%	61.2%	53.1%	55.3%	0.9%	0.3%	135.0M	-2.36B	-55.7M	0.30	12.29	493,505	150,281	1,302,029	1,009,378
2026-04-15	$170.76	$155.00	54.6%	15.7%	62.9%	53.7%	55.2%	1.5%	-0.4%	188.8M	-4.60B	-59.4M	0.26	4.70	395,148	103,315	1,406,634	1,042,437
2026-04-16	$178.40	$155.00	53.1%	15.2%	64.1%	50.8%	54.5%	0.4%	-0.4%	240.3M	-6.83B	-61.5M	0.40	7.38	420,405	169,333	1,454,024	1,065,958
2026-04-17	$174.50	$155.00	52.3%	15.0%	64.9%	49.2%	53.2%	0.8%	-0.2%	324.6M	-5.38B	-60.5M	0.50	14.69	387,304	194,758	1,518,788	1,107,751
2026-04-20	$176.82	$155.00	53.3%	15.3%	63.4%	51.0%	55.1%	1.9%	-1.0%	141.9M	-4.18B	-61.1M	0.52	5.17	149,888	77,946	1,282,196	1,000,656
2026-04-21	$181.88	$155.00	55.8%	16.0%	62.8%	56.2%	57.7%	1.4%	-2.8%	181.4M	-5.69B	-63.4M	0.35	10.25	321,786	113,467	1,328,480	1,025,315