Looking At Oracle's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent analysis of Oracle's (NYSE:ORCL) options activity reveals a balanced sentiment among traders, with significant trades in both puts and calls. The price target for Oracle ranges from $100 to $150, with notable trades indicating both bullish and bearish outlooks. Oracle's stock is currently trading at $137.96, down by 1.07%, with a neutral RSI. The next earnings report is due in 39 days, and an analyst from Piper Sandler maintains an Overweight rating with a $150 target price.
August 01, 2024 | 5:20 pm
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NEUTRAL IMPACT
Oracle's recent options activity shows a balanced sentiment with significant trades in both puts and calls. The stock is currently trading at $137.96, down by 1.07%. An analyst from Piper Sandler maintains an Overweight rating with a $150 target price.
The balanced sentiment in options activity suggests mixed expectations among traders. The current stock price decline and neutral RSI indicate no strong directional bias. The maintained Overweight rating and $150 target price by Piper Sandler provide a positive outlook, but the immediate impact is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100