Mixed options sentiment in Oracle with shares up 3.44%

Mixed options sentiment in Oracle (ORCL), with shares up $4.86, or 3.44%, near $146.17. Options volume relatively light with 191k contracts traded and calls leading puts for a put/call ratio of 0.95, compared to a typical level near 1.14. Implied volatility (IV30) dropped 0.54 near 76.16, in the highest 10% of observations over the past year, suggesting an expected daily move of $7.01. Put-call skew flattened, suggesting a modestly bullish tone.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 11.0% or $16.08.