Oracle's Options: A Look at What the Big Money is Thinking
Portfolio Pulse from Benzinga Insights
Investors are showing mixed sentiment on Oracle (NYSE:ORCL) with significant options trading activity. The options trades are split evenly between bullish and bearish sentiments, with a focus on a price range of $138 to $170. Oracle's stock is currently trading at $141.76, up 0.72%, but RSI suggests it may be overbought. Earnings are expected in 4 days.
September 05, 2024 | 4:33 pm
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Oracle's options trading shows mixed sentiment with significant activity, indicating potential volatility. The stock is currently up 0.72% at $141.76, but RSI suggests it may be overbought. Earnings are due in 4 days, which could impact the stock further.
The article highlights significant options trading activity in Oracle, with a balanced sentiment between bullish and bearish. This suggests potential volatility in the short term. The stock's current price increase and overbought RSI reading indicate a cautious outlook. Upcoming earnings in 4 days add to the potential for price movement.
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