ORCL Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure
Analyze the complete ORCL options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around ORCL.
Near-Term Options-Derived Market Structure
BULLISH BIAS
Reflecting options positioning and volatility conditions over the coming sessions.
The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. Options Chian
Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%
Current DPI is -0.344(neutral). Neutral consolidation, trend and momentum are indistinct. From the current DPI structure, dealers appear largely neutral, suggesting limited willingness to reinforce directional price moves..
Options Terrain Outlook (3-Month)
Options positioning suggests a structurally constrained trading environment, where price movements are more likely to stall or mean-revert rather than extend. Volatility conditions are elevated, implying wider and less stable price swings. Price action is strongly influenced by existing options constraints. Directional moves may struggle to sustain follow-through. Structural sensitivity is elevated around the 2026-10-02 options expiry. 90% confidence
Short-Term Options-Implied Price Range & Flow Structure (DTE: 1)
Expiry 2026-10-02 (DTE 1): Pinning structure with suppressed volatility. Option flow bias is bearish (-0.30), pin strength 0.90.
Based on the latest options positioning (DTE 1), the ATM straddle implies a standardized 2.27% 1-day move.
The expected range for the next 1 days is 135.80 — 142.40 , corresponding to +3.13% / -1.64% .
Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.
Bullish flow suggests upside interest toward 144.17 (4.42% above spot).
Bearish positioning points to downside pressure toward 135.32 (1.99% below spot).
Options flow strength: 0.89 (0–1 scale). ATM Strike: 138.00, Call: 1.62, Put: 1.51, Straddle Cost: 3.13.
Price moves are likely to stay range-bound. The short-term gamma flip is near 137.62 , with intermediate positioning around 137.70 . The mid-term gamma flip remains near 137.85.