ORCL Options
ORCL $123.29 · Updated Nov 10, 4:00 PM ET
ORCL is at $123.29. The nearest expiration, Nov 13, 2026 (3 days out), lists 76 strikes, with 41,983 calls and 18,257 puts traded in the latest session. At-the-money implied volatility is 82.3%. The at-the-money straddle prices a move of about $8.27 (6.7%) by expiration.
ORCL Options Chain
ORCL is at $123.29. The nearest expiration, Nov 13, 2026 (3 days out), lists 76 strikes, with 41,983 calls and 18,257 puts traded in the latest session. At-the-money implied volatility is 82.3%. The at-the-money straddle prices a move of about $8.27 (6.7%) by expiration.
ORCL Gamma Exposure (GEX)
ORCL total dealer gamma exposure is -$76M across all listed expirations. Negative GEX means dealers are net short gamma; their hedging tends to amplify price moves. The gamma flip is $129.44, with spot 4.8% below it. The call wall is $140.00 and the put wall $120.00.
ORCL Max Pain
ORCL max pain for Nov 13, 2026 (3 days out) is $120.00, 2.7% below the current $123.29. That is the settlement price at which the open contracts on that date would pay holders the least. For Dec 11, 2026, max pain is $130.00.
ORCL Put/Call Ratio (Put to Call Ratio)
Across every listed ORCL expiration, the put/call ratio is 0.58 by volume and 0.83 by open interest. More calls than puts are trading. 1,126,853 puts and 1,358,045 calls are open in total.
ORCL Implied Volatility
ORCL at-the-money implied volatility is 82.3% for Nov 13, 2026 (3 days out). For Dec 11, 2026 it is 61.9%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
ORCL Open Interest by Strike
Across all ORCL expirations, the largest call open interest near the current $123.29 sits at the $140.00 strike (72,925 contracts) and the largest put open interest at $120.00 (87,911). 1,358,045 calls and 1,126,853 puts are open in total.
ORCL Expected Move
The options market prices ORCL to move about $8.27 (6.7%) by Nov 13, 2026, a range of $115.02 to $131.56. For Dec 11, 2026 (31 days out) the expected move is $17.73 (14.4%).