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ORCL

Oracle CorporationClose $184.13EOD only
Max Pain
$185.00
Next expiry Jun 18, 2026
Expected Move
±$10.55
5.7% from close
Price Gap
+0.87
Distance to max pain
IV Rank
53
Middle-high premium
P/C OI
0.84
Slightly call-heavy
Consensus
6.0/10
Consensus signal
Published snapshot: Jun 12, 2026 close
End-of-day snapshot

This page reflects ORCL options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot
Jun 12, 2026 close
ORCL Earnings Report
Analysis based on market close June 11, 2026
DirectionalTheta GangFlowEarningsConsensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

You are viewing an older report from June 11, 2026. A newer earnings report is available for June 12, 2026.

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Earnings Verdict

ORCL: 90d to earnings, high IV, heavy call accumulation. Support $180, resistance $200.

Confidence:
6.5 / 10
base 5; +2 GEX/flow strongly aligned; -1 spot 10.2% from MP; +0.5 VIX 19
Most important: Unusual call volume in near-term expirations suggests bullish positioning.
📈Unusual call accumulation in June expiry suggests near-term upside.
⚠️Net put premium indicates hedging, not outright bearishness.

Regime Classification

Vol Regime
High
Gamma Regime
Trending
Flow Regime
Mixed
Spot vs MP
Below
Gamma flip: ~$180.00 — Approx — based on put OI concentration of 15,411 (2.2% below spot)

Earnings Overview

Next earnings: 2026-09-09 (90 days)explicit

Expected moves:

  • 2026-06-12 (1d): ±$6.65 (3.6%)
  • 2026-06-18 (7d): ±$12.95 (7.0%)
  • 2026-06-26 (15d): ±$17.23 (9.4%)

IV Setup

Term structure: Downward sloping: 1d IV ~68%, 7d ~33%, 15d ~24%.

Crush estimate: N/A - earnings 90d out.

Skew: Put skew elevated; net premium -$38M.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: N/A

Directional bias: Slight bullish (80% beat rate)

Key Levels

1$180.00 gamma flip
2EM guardrails: 2d $177.45/$190.75; 1w $171.15/$197.05
3Max pain pins: $205 (2026-06-12); $190 (2026-06-18); $200 (2026-06-26)

Flow Highlights

Massive call buying at $185 & $180 strikes: 20k+ vol vs low OI.

Aggressive bullish bets or delta hedging.

$202.50 call: 19k vol vs 927 OI, high vol/OI ratio.

Speculative OTM calls anticipating upside.

Strategies

Bullish Call Diagonal
Sell 2026-06-18 $195.00 call / buy 2026-07-17 $190.00 call
Debit: $6.92-$8.46
Max loss: $8.46
Max gain: Variable
BE: Path-dependent
Trigger: Monitor support at $180; adjust if breached.
Leverages downward sloping IV and bullish bias.
Outperforms: Sells near-term premium, buys longer-dated call for upside.
Underperforms: Loss of support or adverse vol term shift weakens thesis.
Range-Bound Iron Condor
Sell 2026-06-18 $180.00/$160.00 put wing and $200.00/$207.50 call wing
Credit: $4.34-$5.30
Max loss: $14.70
Max gain: $5.30
BE: 174.70 / 205.30
Trigger: Close at 50% of max gain or if spot approaches wings.
Captures high IV but limited upside potential.
Outperforms: Sells out-of-the-money puts and calls within expected range.
Underperforms: Move outside short strikes invalidates range thesis.

Risk Assessment

!High IV & gamma risk near support $180
!Gamma flip below $180 could accelerate downside
!Earnings tail risk 90d out

What to Watch

?Spot action around $180 support and $200 resistance
?Call OI wall $200-$250
?Earnings sentiment shifts
How to Use These Reports
This earnings reflects the market close on June 11, 2026.
What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.