Oracle Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been detected for Oracle (NYSE:ORCL), with a significant bearish sentiment among investors. This suggests potential upcoming volatility in Oracle's stock price. The options activity includes 13 extraordinary trades, with 61% of the sentiment being bearish. The stock is currently trading at $140.39, with an earnings announcement expected in 11 days.
August 29, 2024 | 4:16 pm
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Oracle has experienced unusual options activity with a bearish sentiment from investors, indicating potential short-term volatility. The stock is currently trading at $140.39, and an earnings announcement is expected in 11 days.
The detection of unusual options activity with a majority bearish sentiment suggests that investors are expecting a potential decline in Oracle's stock price. The significant volume of puts compared to calls supports this bearish outlook. Additionally, the upcoming earnings announcement could further influence stock volatility.
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IMPORTANCE 80
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