Oracle Unusual Options Activity For July 07
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Oracle (NYSE:ORCL), with a large position indicating a bullish stance. The activity includes 10 uncommon options trades, split between 60% bullish and 40% bearish. The targeted price range for Oracle over the last 3 months is from $110.0 to $160.0. The current price of ORCL is down -0.4% at $114.99. Analysts from UBS, Deutsche Bank, Mizuho, Citigroup, and Evercore ISI Group have maintained their ratings on Oracle, with price targets ranging from $120 to $150.
July 07, 2023 | 3:34 pm
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Oracle has seen unusual options activity, indicating a bullish stance. Analysts have maintained their ratings, with price targets ranging from $120 to $150.
The unusual options activity, which is heavily weighted towards a bullish stance, indicates that there may be significant movement in Oracle's stock price in the near future. This is further supported by the maintained ratings and price targets from multiple analysts.
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