Oracle Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Oracle (NYSE:ORCL) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 42% bullish and 57% bearish. The whales have been targeting a price range from $95.0 to $150.0 for Oracle over the last 3 months. UBS has upgraded its action to Buy with a price target of $140.
August 30, 2023 | 4:46 pm
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Oracle has seen unusual options activity, indicating a bearish stance by a large investor. UBS has upgraded its action to Buy with a price target of $140.
The unusual options activity indicates that a large investor is taking a bearish stance on Oracle, which could potentially drive the stock price down in the short term. However, UBS has upgraded its action to Buy with a price target of $140, which could have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100