What the Options Market Tells Us About Oracle
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Oracle (NYSE:ORCL) through options trading, with a notable split between bullish and bearish sentiments. The trading volumes and open interest suggest a focus on a price range of $125.0 to $165.0. Analysts have mixed ratings, with a consensus target price of $152.25.
July 17, 2024 | 4:15 pm
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Oracle has seen significant options activity, with a split between bullish and bearish sentiments. The trading volumes and open interest suggest a focus on a price range of $125.0 to $165.0. Analysts have mixed ratings, with a consensus target price of $152.25.
The significant options activity indicates strong interest from investors, which could lead to increased volatility and potential price movements. The mixed analyst ratings and consensus target price suggest a positive outlook in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100