ORCL260320P00180000 Option on Oracle

ORCL Stock  USD 197.49  2.15  1.10%   
ORCL260320P00180000 is a PUT option contract on Oracle's common stock with a strick price of 180.0 expiring on 2026-03-20. The contract was not traded in recent days and, as of today, has 85 days remaining before the expiration. The option is currently trading at a bid price of $11.2, and an ask price of $11.35. The implied volatility as of the 25th of December is 85.0.
When exercised, put options on Oracle produce a short position in Oracle Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Oracle's downside price movement.

Rule 16 of 2026-03-20 Option Contract

The options market is anticipating that Oracle will have an average daily up or down price movement of about 0.0316% per day over the life of the option. With Oracle trading at USD 197.49, that is roughly USD 0.0623. If you think that the market is fully understating Oracle's daily price movement you should consider buying Oracle options at that current volatility level of 0.51%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Put Option on Oracle

An 'Out of The Money' option on Oracle has a strike price that Oracle Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Oracle's 'Out of The Money' options include buying the options if you expect a big move in Oracle's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Put Contract NameORCL260320P00180000
Expires On2026-03-20
Days Before Expriration85
Vega0.338894
Gamma0.007408
Theoretical Value11.3
Open Interest15659
Current Trading Volume1224.0
Strike Price180.0
Last Traded At11.3
Current Price Spread11.2 | 11.35
Rule 16 Daily Up or DownUSD 0.0623

Oracle short PUT Option Greeks

Oracle's Option Greeks for the contract ending on 2026-03-20 at a strike price of 180.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Oracle's option greeks, its implied volatility helps estimate the risk of Oracle stock implied by the prices of the options on Oracle's stock.
Delta-0.316333
Gamma0.007408
Theta-0.093408
Vega0.338894
Rho-0.1523

Oracle long PUT Option Payoff at expiration

Put options written on Oracle grant holders of the option the right to sell a specified amount of Oracle at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Oracle Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Oracle is like buying insurance aginst Oracle's downside shift.
   Profit   
       Oracle Price At Expiration  

Oracle short PUT Option Payoff at expiration

By selling Oracle's put option, the investors signal their bearish sentiment. A short position in a put option written on Oracle will generally make money when the underlying price is above the strike price. Therefore Oracle's put payoff at expiration depends on where the Oracle Stock price is relative to the put option strike price. The breakeven price of 168.7 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Oracle's price. Finally, at the strike price of 180.0, the payoff chart is constant and positive.
   Profit   
       Oracle Price At Expiration  
View All Oracle Options

Oracle Available Put Options

Oracle's option chain is a display of a range of information that helps investors for ways to trade options on Oracle. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Oracle. It also shows strike prices and maturity days for a Oracle against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
 Put
ORCL260320P000600004660.00.02 - 0.050.02Out
 Put
ORCL260320P000650009665.00.0 - 0.320.16Out
 Put
ORCL260320P000700002170.00.03 - 0.340.1Out
 Put
ORCL260320P0007500010475.00.0 - 0.10.09Out
 Put
ORCL260320P0008000015280.00.0 - 0.390.19Out
 Put
ORCL260320P0008500019585.00.05 - 0.420.16Out
 Put
ORCL260320P00090000120290.00.12 - 0.470.23Out
 Put
ORCL260320P0009500042395.00.04 - 0.480.35Out
 Put
ORCL260320P00100000838100.00.26 - 0.60.38Out
 Put
ORCL260320P00105000435105.00.08 - 0.690.46Out
 Put
ORCL260320P001100002459110.00.48 - 0.80.58Out
 Put
ORCL260320P00115000680115.00.37 - 0.750.71Out
 Put
ORCL260320P001200003077120.00.52 - 0.960.89Out
 Put
ORCL260320P001250001094125.01.03 - 1.31.14Out
 Put
ORCL260320P001300005935130.01.36 - 1.631.45Out
 Put
ORCL260320P001350003787135.01.41 - 1.951.78Out
 Put
ORCL260320P0014000012893140.02.14 - 2.472.33Out
 Put
ORCL260320P001450002167145.02.54 - 3.02.8Out
 Put
ORCL260320P0015000010866150.03.3 - 3.63.6Out
 Put
ORCL260320P001550004633155.03.95 - 4.554.4Out
 Put
ORCL260320P0016000022398160.05.2 - 5.355.25Out
 Put
ORCL260320P001650004058165.06.05 - 6.556.5Out
 Put
ORCL260320P001700009569170.07.35 - 8.07.97Out
 Put
ORCL260320P001750004012175.09.3 - 9.69.55Out
 Put
ORCL260320P0018000015659180.011.2 - 11.3511.3Out
 Put
ORCL260320P001850006356185.013.0 - 13.3513.32Out
 Put
ORCL260320P001900007901190.015.2 - 15.7515.52Out
 Put
ORCL260320P001950009685195.017.85 - 18.118.0Out
 Put
ORCL260320P0020000019342200.020.45 - 20.9520.65In
 Put
ORCL260320P002100005368210.026.3 - 27.0527.19In
 Put
ORCL260320P002200007620220.032.9 - 34.0532.8In
 Put
ORCL260320P002300006502230.040.35 - 41.641.9In
 Put
ORCL260320P002400003775240.048.4 - 49.849.75In
 Put
ORCL260320P002500005511250.056.95 - 58.458.61In
 Put
ORCL260320P002600002807260.066.1 - 66.9566.94In
 Put
ORCL260320P002700002217270.075.25 - 76.876.6In
 Put
ORCL260320P002800001717280.084.7 - 86.2585.7In
 Put
ORCL260320P002900001352290.093.6 - 97.296.4In
 Put
ORCL260320P00300000447300.0103.65 - 106.95106.37In
 Put
ORCL260320P00310000203310.0113.3 - 116.8114.88In
 Put
ORCL260320P0032000095320.0123.4 - 126.7129.43In
 Put
ORCL260320P0033000010330.0133.3 - 136.65138.85In
 Put
ORCL260320P0034000016340.0143.3 - 146.65146.4In
 Put
ORCL260320P0035000041350.0153.15 - 156.65154.33In
 Put
ORCL260320P004200000420.0223.15 - 226.65161.0In
 Put
ORCL260320P004300000430.0233.15 - 236.65153.55In
 Put
ORCL260320P004400000440.0243.3 - 246.65154.65In
 Put
ORCL260320P004500000450.0253.15 - 256.65200.25In
 Put
ORCL260320P004600000460.0263.3 - 266.65156.25In
 Put
ORCL260320P004700000470.0273.15 - 276.65166.05In
 Put
ORCL260320P004800000480.0283.15 - 286.65178.05In
 Put
ORCL260320P004900000490.0293.3 - 296.65198.85In
 Put
ORCL260320P005000000500.0303.15 - 306.65204.25In
 Put
ORCL260320P005100000510.0313.15 - 316.65279.78In

Oracle Corporate Directors

Charles MoormanIndependent DirectorProfile
George ConradesLead Independent DirectorProfile
Clayton MagouyrkChief DirectorProfile
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When determining whether Oracle is a strong investment it is important to analyze Oracle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Oracle's future performance. For an informed investment choice regarding Oracle Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Oracle. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
For more information on how to buy Oracle Stock please use our How to buy in Oracle Stock guide.
You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Is Systems Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Oracle. If investors know Oracle will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Oracle listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.909
Dividend Share
2
Earnings Share
5.32
Revenue Per Share
21.606
Quarterly Revenue Growth
0.142
The market value of Oracle is measured differently than its book value, which is the value of Oracle that is recorded on the company's balance sheet. Investors also form their own opinion of Oracle's value that differs from its market value or its book value, called intrinsic value, which is Oracle's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Oracle's market value can be influenced by many factors that don't directly affect Oracle's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Oracle's value and its price as these two are different measures arrived at by different means. Investors typically determine if Oracle is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Oracle's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.