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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 12, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

ORCL earnings 89 days out; 80% beat rate; current IV moderate; put flow notable.

Confidence:
7.5 / 10
base 5; +2 GEX/flow strongly aligned; -0.5 spot 3.1% from MP; +1 VIX 18
Most important: Earnings far out; near-term IV calm; watch for structural flows.
🔻Put flow at $165 and $110 signals bearish positioning.
📊80% beat rate historically, but long time to earnings.
⚠️Call OI wall $200+ may cap rallies.

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 14,969 (2.2% below spot)

Earnings Overview

Next earnings: 2026-09-09 (89 days)explicit

Expected moves:

  • 2026-06-18 (6d): ±$10.55 (5.7%)
  • 2026-06-26 (14d): ±$15.55 (8.4%)
  • 2026-07-02 (20d): ±$18.38 (10.0%)

IV Setup

Term structure: Front-end flat ~40-55%; back-end elevated: 5.7%/8.4%/10.0% moves.

Crush estimate: Minimal near-term crush; post-earnings IV could drop ~10 pts.

Skew: Put skew elevated at deep strikes ($110, $125) as tail hedge.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: Historical avg move ~±7% vs expected ±10%.

Directional bias: 80% beat rate suggests upside bias; past moves mixed.

Key Levels

1$180.00 gamma flip
2EM guardrails: 1w $173.58/$194.68
3Max pain pins: $190 (2026-06-12); $185 (2026-06-18); $192 (2026-06-26)

Flow Highlights

Unusual put volume at $165 and $110 strikes, 9.4x and 5.2x OI.

Bearish hedging or speculative puts; tail risk premium bought.

Strategies

Iron Condor on ORCL
Sell 2026-06-26 $180.00/$175.00 put wing and $190.00/$195.00 call wing
Credit: $3.08-$3.77
Max loss: $1.23
Max gain: $3.77
BE: 176.23 / 193.77
Trigger: Close at 50% profit or adjust if stock breaches wings.
Defined risk, collects premium within wide range, benefiting from put support at 190 and call wall capping upside.
Outperforms: Neutral bias exploiting time decay and low near-term IV.
Underperforms: Move outside short strikes invalidates range thesis.
Call Calendar on ORCL
Sell 2026-06-26 $190.00 call / buy 2026-07-17 $190.00 call
Debit: $3.85-$4.70
Max loss: $4.70
Max gain: Variable
BE: Path-dependent
Trigger: Monitor IV differential; roll if stock nears 190.
Term structure edge, but less defined risk and lower probability given upside bias from 80% beat rate.
Outperforms: Captures premium from term structure vs time decay.
Underperforms: Loss of support or adverse vol term shift weakens thesis.

Risk Assessment

!Earnings far out reduces near-term catalyst.
!Large put OI at low strikes may cap downside.
!Call wall $200-$250 limits upside moves.

What to Watch

?Further put accumulation.
?IV changes as earnings approach.
?Resistance at $190-$200 area.
How to Use These Reports
This earnings reflects the market close on June 12, 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.