Smart Money Is Betting Big In ORCL Options
Portfolio Pulse from Benzinga Insights
Financial giants are showing a bullish sentiment towards Oracle (NYSE:ORCL) through options trading, with 53% of trades being bullish. The focus is on a price range between $130 and $230. ORCL's stock price has risen by 4.89% to $169.96, but current RSI values suggest it may be overbought.
September 16, 2024 | 3:00 pm
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Oracle's options trading shows a bullish sentiment with 53% of trades being bullish. The stock price has increased by 4.89% to $169.96, but RSI suggests it may be overbought.
The article highlights a significant bullish sentiment in Oracle's options trading, with a majority of trades being calls. This suggests investor confidence in Oracle's future performance. The stock's recent price increase and the RSI indicating overbought conditions could lead to short-term volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100