Oracle Unusual Options Activity For June 07
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Oracle (NYSE:ORCL), with 12 uncommon options trades spotted. The sentiment is split between 58% bullish and 41% bearish. Whales have been targeting a price range of $97.5 to $115.0 for Oracle over the last 3 months.

June 07, 2023 | 2:31 pm
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Oracle has seen unusual options activity, with 12 uncommon trades and a sentiment split between 58% bullish and 41% bearish. Whales have targeted a price range of $97.5 to $115.0 over the last 3 months.
The unusual options activity indicates that big-money traders are taking positions in Oracle, which could lead to increased volatility and potential short-term price movements. The 58% bullish sentiment suggests a higher likelihood of the stock price going up in the short term. However, the 41% bearish sentiment indicates that there is still some uncertainty, and the stock price could also experience downward pressure.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100