Mixed options sentiment in Oracle with shares down 0.17%

Mixed options sentiment in Oracle (ORCL), with shares down 26c near $148.99. Options volume relatively light with 238k contracts traded and calls leading puts for a put/call ratio of 0.96, compared to a typical level near 1.29. Implied volatility (IV30) dropped 1.29 near 72.57, in the highest 10% of observations over the past year, suggesting an expected daily move of $6.81. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Oracle (ORCL) will report earnings after the close on 2026-03-09.Option markets are pricing in a 50% probability of a move greater than 11.51% or $17.14.