Looking At Oracle's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Oracle (NYSE:ORCL) as evidenced by unusual options activity. The overall sentiment of these big-money traders is split between 72% bullish and 27% bearish. Whales have been targeting a price range from $100.0 to $125.0 for Oracle over the last 3 months. Oracle's current price is $106.05, down by 2.08%. Analysts have mixed ratings on Oracle with price targets ranging from $100 to $150.
September 26, 2023 | 2:16 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Oracle has seen significant bullish options activity. The sentiment of big-money traders is 72% bullish. Analysts have mixed ratings with price targets ranging from $100 to $150.
The unusual options activity indicates that big-money traders are bullish on Oracle. This could potentially drive the stock price up in the short term. However, the mixed analyst ratings and price targets suggest uncertainty about the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100