Check Out What Whales Are Doing With ORCL
Portfolio Pulse from Benzinga Insights
Whale investors have shown a bearish stance on Oracle (NYSE:ORCL), with options trading data revealing 75% bearish sentiment among major trades. The trading activity, which is not typical, includes both puts and calls with a focus on a price range between $100.0 and $140.0. Oracle's current market status shows a -1.7% decrease in stock price to $121.14, with analysts providing mixed ratings and price targets ranging from $105 to $155. The unusual options activity and analyst opinions suggest potential volatility and investor interest in Oracle's short-term price movements.
April 10, 2024 | 3:46 pm
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Whale investors' bearish stance and unusual options activity indicate potential short-term volatility for Oracle. Mixed analyst ratings and a current dip in stock price suggest investor caution.
The bearish sentiment among whale investors, highlighted by the 75% bearish options activity, combined with Oracle's recent stock price decrease and mixed analyst ratings, suggests a cautious outlook for Oracle's stock in the short term. The focus on a price range between $100.0 and $140.0 by major market movers further underscores the expected volatility.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100