Oracle Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Oracle (NYSE:ORCL) has seen unusual options activity, with a significant number of bullish trades. Of the 15 strange trades detected, 60% were bullish and 40% bearish. The total amount for puts was $207,300 and for calls was $563,704. Whales have been targeting a price range from $60.0 to $145.0 for Oracle over the last 3 months. The current price of ORCL is $109.84, up 0.37%. Analysts from Jefferies, UBS, Piper Sandler, and Evercore ISI Group have given price targets ranging from $130 to $145.
September 22, 2023 | 5:01 pm
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Oracle has seen unusual options activity, with a significant number of bullish trades. The current price of ORCL is $109.84, up 0.37%. Analysts have given price targets ranging from $130 to $145.
The unusual options activity, with a significant number of bullish trades, indicates a positive sentiment towards Oracle. This, combined with the current upward trend in price and the bullish price targets given by analysts, suggests a potential short-term increase in Oracle's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100