Oracle Unusual Options Activity

Whales with a lot of money to spend have taken a noticeably bullish stance on Oracle.

Looking at options history for Oracle (NYSE:ORCL) we detected 10 trades.

If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 30% with bearish.

From the overall spotted trades, 2 are puts, for a total amount of $106,677 and 8, calls, for a total amount of $289,067.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $160.0 to $250.0 for Oracle over the last 3 months.

Volume & Open Interest Trends

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Oracle's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Oracle's whale activity within a strike price range from $160.0 to $250.0 in the last 30 days.

Oracle Option Activity Analysis: Last 30 Days

Significant Options Trades Detected:

About Oracle

Following our analysis of the options activities associated with Oracle, we pivot to a closer look at the company's own performance.

Oracle's Current Market Status

  • With a volume of 527,426, the price of ORCL is down -0.23% at $249.41.
  • RSI indicators hint that the underlying stock may be approaching overbought.
  • Next earnings are expected to be released in 40 days.

What The Experts Say On Oracle

5 market experts have recently issued ratings for this stock, with a consensus target price of $277.0.

Unusual Options Activity Detected: Smart Money on the Move

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Oracle options trades with real-time alerts from Benzinga Pro.

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