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.

Latest Data: 2026-07-20 (EDT)

Max Pain Price

140

Exp: 2026-07-24

Gamma Flip

132.43

Gamma Flip (≈60 days)

Put/Call OI Ratio

2.066

Shows put vs call positioning

IV Skew

-7.72

Put–call IV difference

Max Pain Price Volatility

σ = 50.07

high volatility

Confidence 85%

Near-Term Options-Derived Market Structure

NEUTRAL OUTLOOK

Reflecting options positioning and volatility conditions over the coming sessions.

The options structure reflects a high-confidence neutral environment. Dealer positioning and volatility suppression suggest a stable range-bound setup rather than a directional move. 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 -0.734(bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions are moderately choppy. Options constraints exert a moderate influence on price behavior. Directional continuation remains uncertain and selective. Structural sensitivity is elevated around the 2026-07-24 options expiry. 100% confidence

The support levels for ORCL are at 118.11, 114.29, and 85.38, while the resistance levels are at 124.65, 128.47, and 157.38. The pivot point, a key reference price for traders, is at 140.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 4)

Based on the latest options positioning (DTE 4), the ATM straddle implies a standardized 3.14% 1-day move.

The expected range for the next 4 days is 118.20 — 129.43 , corresponding to +6.63% / -2.62% .

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 133.05 (9.61% above spot).

Bearish positioning points to downside pressure toward 117.37 (3.30% below spot).

Options flow strength: 0.98 (0–1 scale). ATM Strike: 121.00, Call: 4.08, Put: 3.55, Straddle Cost: 7.62.

Price moves may extend once a direction forms. The short-term gamma flip is near 128.21 , with intermediate positioning around 132.43 . The mid-term gamma flip remains near 133.04.