Oracle Unusual Options Activity For July 14
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Oracle (NYSE:ORCL), with a bearish stance taken by a large investor. Benzinga's options scanner spotted 24 uncommon options trades for Oracle, with sentiment split between 45% bullish and 54% bearish. The whales have been targeting a price range from $80.0 to $135.0 for Oracle over the last 3 months. The price of ORCL is up 1.46% at $119.16.
July 14, 2023 | 4:03 pm
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Oracle has seen unusual options activity, with a large investor taking a bearish stance. The target price range is $80.0 to $135.0.
The unusual options activity, particularly the bearish stance taken by a large investor, indicates that there may be a negative sentiment towards Oracle. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100