What move does the options market price into Oracle's report?

Implied ±13.0%, either direction.

How often does Oracle move more than the options market prices?

4 of the last 8 reports moved at least as far as the implied move.

ORCLNYSEServices-Prepackaged Software

Oracle Corp (ORCL) earnings date, market-implied expected move, and options open interest by expiry

130.69

−8.87 · −6.36%

post 131.02 +0.25%

Closed19:58 ET

Open133.70Volume41.1MMkt cap$395.1BP/E20.22EPS6.48Div yield1.53%

Day129.43 – 134.3832%52-wk114.08 – 262.3011%

ORCL

Oracle Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±13.0%implied · straddle

113.73147.61

spot 130.67exp Dec 11ATM strike 131ATM straddle 19.93IV 57%

Oct 30 close

Expected move

Inputs

Next report

Dec 9

after close · in 38 days

est.Q2 FY27

Calendar

Next report

Last report

−1.74%

vs ±11.8% implied · ×0.15

shaded = implied · ▲▼ = realized

Sep 10 '26 · confirmed

Implied vs realized

Linked news

News

Largest filed tie

13F top-10 QoQ

+4.57%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

3,551 managers

Top fund weight

1.39%

ORCL weight · XLK

N-PORTJun 30 '26

11 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Oracle (ORCL) is expected to report on Dec 9 after close (estimated date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±9.0%
avg realized: ±11.2%

Dec 9 '24Dec 9 '24confirmed±7.8%▼−6.67%×0.86

Mar 10 '25Mar 10 '25confirmed±8.9%▼−3.10%×0.35

Jun 11 '25Jun 11 '25confirmed±6.4%▲+13.31%×2.09

Q1 FY26Sep 9 '25confirmed±8.3%▲+35.95%×4.32

Q2 FY26Dec 10 '25confirmed±9.0%▼−10.83%×1.20

Q3 FY26Mar 10 '26confirmed±8.4%▲+9.18%×1.09

Q4 FY26Jun 10 '26confirmed±11.1%▼−8.53%×0.77

Q1 FY27Sep 10 '26confirmed±11.8%▼−1.74%×0.15

quarterimplied−40%0+40%realized×

Q1 FY27±11.8%▼−1.74%×0.15

Q4 FY26±11.1%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 10 expiries · Oct 28 close

0.82OI · 10 expiries · Oct 28 closeP/C open interest · Dec 18 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

3 nearer expiries

57,956+21%Nov 65d1.0356,522+22%1.03

17,992+13%Nov 1312d1.2114,892+26%1.21

195,653+4%Nov 2019d0.83234,459+7%0.83

6,041—Nov 2726d2.032,975—2.03

2,733+2052%Dec 433d1.132,424+791%1.13

2 later expiries

162,882+1%Mar 19138d1.08150,186+6%1.08

33,228+2%Apr 16166d3.08

ExpiryPutsCallsP/C

3 nearer expiries

Nov 65d57,956+21%56,522+22%1.03

Nov 1312d17,992+13%14,892+26%1.21

Nov 2019d195,653+4%

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±13.0%

Funds 4

XLK±0.2%

VIG±0.1%

VUG±0.1%

VOO±0.0%

Suppliers 1

AAOI±10.9%×0.84

Customers 1

CALX±2.3%×0.18

Dashed = straddle · × = co-movement · max 500dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ1 FY27

24.61%as filednet margin · revenue +0.84% QoQ · +29.61% YoY

Revenue

$19.3B+0.84% QoQ

Gross profit

$11.6B−7.19% QoQ

60.03% margin

Operating income

$6.7B+9.68% QoQ

34.78% margin

Pre-tax income

$5.6B+4.43% QoQ

Net income

$4.8B+10.59% QoQ

24.61% margin

Cost of revenue

$7.7B+15.92% QoQ

Operating expenses

$4.9B−23.42% QoQ

R&D $2.4B

Marketing $1.8B

SG&A $376M

Other operating $296M

Other expense

$1.1B

Tax

$847M−20.47% QoQ

Revenue$19.3B+0.84%

Gross profit

$11.6B−7.19%

60.03% margin

Operating income

$6.7B+9.68%

34.78% margin

Pre-tax income

$5.6B+4.43%

Net income

$4.8B+10.59%

24.61% margin

Cost of revenue

$7.7B+15.92%

Operating expenses

$4.9B−23.42%

R&D $2.4B

Marketing $1.8B

SG&A $376M

Other expense

$1.1B

Tax$847M−20.47%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Aug 31 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 19:45 ET

Intraday

Event sensitivity

PPI ×1.73· ±3.6% vs ±2.1% · 11 releases

eventrelease day|move|up · n×base

PPIproducer prices±3.6%5 of 11×1.73

CPIconsumer prices±3.5%5 of 11×1.65

NFPjobs report±3.0%6 of 10×1.44

GDPgross domestic product±2.9%8 of 19×1.38

PCEpersonal income & outlays±2.7%8 of 19×1.30

CPROFcorporate profits±2.6%5 of 12×1.23

FOMCrate decision±2.1%13 of 24×1.01

Bar = avg |move| to ±4% · tick = ±2.1% avg day · ×base = |move| ÷ ±2.1% · min 6 releases

Earnings history

EPS 1.56 · consensus —

Quarter	Reported	EPS	Consensus
Q1 FY27	Sep 10 '26 · confirmed	1.56	—
Q4 FY26	Jun 10 '26 · confirmed	1.45	—
Q3 FY26	Mar 10 '26 · confirmed	1.27	—
Q2 FY26	Dec 10 '25 · confirmed	2.10	—

Methodology

ties · implied moves · holdersMethod