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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 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Earnings Verdict

ORCL setup 86d from earnings, strong call flow and gamma pinning near $190, but low near-term expected move.

Confidence:
8.5 / 10
base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -0.5 spot 4.1% from MP; +1 VIX 16
Most important: Gamma pinning at $190 and bullish flow suggest upside bias; $210 call OI wall key resistance.
📈Call vol ratio 0.36 (bullish) with $30.8M net premium.
⚠️Gamma pin at $190; spot within 1.4% of put OI concentration.

Regime Classification

Vol Regime
High
Gamma Regime
Pinning
Flow Regime
Bullish
Spot vs MP
Above
Gamma flip: ~$190.00 — Approx — based on put OI concentration of 17,281 (1.4% below spot)

Earnings Overview

Next earnings: 2026-09-09 (86 days)explicit

Expected moves:

  • 2026-06-18 (3d): ±$8.77 (4.6%)
  • 2026-06-26 (11d): ±$14.62 (7.6%)
  • 2026-07-02 (17d): ±$17.85 (9.3%)

IV Setup

Term structure: Expected moves increase with time: 4.6% to 9.3% in 17d; IV elevated but no earnings skew near.

Crush estimate: No near-term earnings crush; event 86d away.

Skew: Call skew steep; heavy call OI $210-$250.

Historical Context

Beat rate: 80% (4/5 quarters)

Avg move vs expected: 80% beat rate; moves often exceed expected.

Directional bias: Bullish post-earnings.

Key Levels

1$190.00 gamma flip
2EM guardrails: 2d $183.86/$201.41
3Max pain pins: $185 (2026-06-18); $192 (2026-06-26); $190 (2026-07-02)

Flow Highlights

Large call volume at $205 (Jun18) – 9,496 vol vs 2,851 OI.

Aggressive bullish positioning near resistance.

Unusual put volume at $192.5 (Jun18) – 1,497 vol vs 405 OI.

Hedging or bearish bet near gamma pin.

Strategies

Short Strangle
Sell 2026-07-10 $175.00 put + sell $205.00 call
Credit: $8.69-$10.62
Max loss: Unlimited
Max gain: $10.62
BE: 164.38 / 215.62
Trigger: Monitor gamma; roll if spot nears strikes
Favorable theta decay and defined tail risk
Outperforms: Sells put/call premium, captures elevated IV 86d out
Underperforms: Break outside short strikes invalidates short-vol thesis.

Risk Assessment

!Gamma flip zone near $190 (put OI concentration).
!Call wall at $210-$250 may cap upside.
!Far OTM puts suggest tail hedges.

What to Watch

?Price action around $190 support and $200 resistance.
?Volatility expansion on break of $210 or $185.
How to Use These Reports
This earnings reflects the market close on June 15, 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.