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ORCL

Oracle CorporationClose $244.58EOD only
Max Pain
$205.00
Next expiry Jun 5, 2026
Expected Move
±$6.33
2.6% from close
Price Gap
-39.58
Distance to max pain
IV Rank
97
High premium
P/C OI
0.87
Slightly call-heavy
Consensus
8.5/10
Bullish tilt
Published snapshot: Jun 2, 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 2, 2026 close
ORCL AI Consensus Report
Analysis based on market close April 15, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 15, 2026. A newer ai consensus report is available for May 22, 2026.

View latest report
Conviction
6.5

out of 10

6.5 because the alignment between dealer gamma (pinning) and visible flow into call walls gives a clear near-term bias, but conviction is capped by two asymmetric risks: clustered weekly expiries/max-pain dynamics that can reassert and the upcoming earnings window (~56d) whose IV/skew can invert positioning quickly; these event/timing risks prevent a higher score.

Where Perspectives Agree

Net of all lenses: dealer short-gamma and concentrated call interest are creating an upside magnet into the near-term call wall (around the $170s) while elevated IV makes premium-selling attractive — the path is biased higher but fragile around expiries and the June earnings window.

Where They Diverge

Flow/earnings signals that show institutional accumulation into higher strikes and elevated forward IV imply continuation above $170, which directly conflicts with the directional persona's repeated multi-week max-pain at ~$148 that would cap upside and encourage pinning. Separately, theta wants to aggressively sell front-week calls into the pin, but the earnings term-structure and concentrated forward buying create a scenario where short front-week premium could be wiped out by event-driven or flow-fueled extension.

Top Trade
via theta

Sell 2026-04-24 $180/$190 call spread for approximately $0.60 credit (theta play to harvest pinning premium ahead of weeklies).

Key Risk

A sustained intraday break and close below $135 flips dealer gamma from short to long, triggering rapid dealer de-hedging and stop cascades — consequence: downside acceleration toward ~$125 and the pin/short-call thesis collapses.

How to Use These Reports
This ai consensus reflects the market close on April 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.