Oracle Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Oracle (NYSE:ORCL) by a large investor, as indicated by unusual options activity. The overall sentiment of these big-money traders is split between 55% bullish and 44% bearish. The whales have been targeting a price range from $90.0 to $140.0 for Oracle over the last 3 months. The price of ORCL is currently down -2.08% at $115.5.
July 26, 2023 | 8:47 pm
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Oracle has seen significant options activity, indicating a large investor has taken a bullish stance. The price of ORCL is currently down -2.08% at $115.5.
The unusual options activity indicates that a large investor is expecting Oracle's stock price to rise. This could potentially lead to increased buying pressure on the stock, driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100