Financial giants have made a conspicuous bearish move on Oracle. Our analysis of options history for Oracle (NYSE:ORCL) revealed 183 unusual trades.

Delving into the details, we found 38% of traders were bullish, while 42% showed bearish tendencies. Out of all the trades we spotted, 62 were puts, with a value of $9,099,387, and 121 were calls, valued at $9,456,379.

Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $42.5 to $510.0 for Oracle during the past quarter.

Volume & Open Interest Development

Looking at the volume and open interest is a powerful move while trading options. 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 trades within a strike price range from $42.5 to $510.0 in the last 30 days.

Oracle Option Activity Analysis: Last 30 Days

Biggest Options Spotted:

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

• Trading volume stands at 15,449,511, with ORCL's price down by -0.68%, positioned at $275.29.
• RSI indicators show the stock to be may be approaching oversold.
• Earnings announcement expected in 48 days.

What Analysts Are Saying About Oracle

5 market experts have recently issued ratings for this stock, with a consensus target price of $379.2.

Turn $1000 into $1270 in just 20 days?

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Oracle with Benzinga Pro for real-time alerts.