The options market is pricing a — move for ORCL's 2026-09-08 · after close report. Over its last 8 reports, ORCL has actually moved ±12.4% on average (biggest: ±35.9%). That's a 1.49× realized-vs-implied ratio, so the options look underpriced — ORCL has historically moved more than the market prices in, which favors buying premium (long straddle/strangle) into the print. It has exceeded the implied move in 63% of those prints, beaten EPS estimates 13% of the time (8 quarters), and the 1-day reaction has been positive 50% of the time (avg +5.1%).
This is a data-driven edge, not a prediction of direction — earnings are binary events and any single print can gap either way. Position and size accordingly.
| Report | Est EPS | Actual | Result | Implied | 1d move | 1w move |
|---|---|---|---|---|---|---|
| 2026-06-10 | 1.96 | 1.79 | miss | ±10.9% | -8.5% | -8.8% |
| 2026-03-10 | 1.70 | 1.43 | miss | ±8.4% | +9.2% | +3.5% |
| 2025-12-10 | 1.63 | 1.95 | beat | ±9% | -10.8% | -20% |
| 2025-09-09 | 1.47 | 1.20 | miss | ±8.3% | +35.9% | +27% |
| 2025-06-11 | 1.64 | 1.35 | miss | ±6.4% | +13.3% | +19.6% |
| 2025-03-10 | 1.48 | 1.18 | miss | ±9% | -3.1% | +3.5% |
| 2024-12-09 | 1.48 | 1.15 | miss | ±7.8% | -6.7% | -10.1% |
| 2024-09-09 | 1.32 | 1.18 | miss | ±6.7% | +11.4% | +21.8% |
Historical implied vs actual moves & EPS beats/misses via Unusual Whales.
ORCL is scheduled to report on 2026-09-08, after the close. Dates can shift until the company confirms.
The expected move is the size of the post-earnings swing the options market is pricing in (from the ATM straddle). We show ORCL's live.
Over its last 8 reports, ORCL has beaten EPS estimates 13% of the time. A beat doesn't guarantee an up move — the reaction depends on guidance and how much was already priced in.
Over the last 8 reports, ORCL moved ±12.4% on average versus a ±8.3% implied move — a 1.49× ratio, so the options have been cheap (it moves more than priced). It exceeded the implied move 63% of the time.
Expected moves, gamma levels and the day's setups before the open — free.
See ORCL's positioning too: ORCL gamma exposure → · ORCL options flow →
The premium earnings board ranks every upcoming report by the biggest realized-vs-implied edge — where the options are mispriced vs how the stock actually moves — with the play on each.
Data via Unusual Whales · refreshes each session · educational, not financial advice · earnings are binary events with substantial risk.
