Unpacking the Latest Options Trading Trends in Oracle
Portfolio Pulse from Benzinga Insights
Recent options trading trends indicate a bearish sentiment among big-money investors towards Oracle (NYSE:ORCL), with 52% of trades being bearish. A total of 17 unusual options trades were spotted, with a significant amount of puts compared to calls. The stock is currently down 0.83% at $173.85, and analysts have mixed ratings with price targets ranging from $165 to $205.
October 23, 2024 | 8:45 pm
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Oracle's recent options trading activity shows a bearish sentiment among large investors, with 52% of trades being bearish. The stock is currently down 0.83% at $173.85. Analysts have mixed ratings, with price targets ranging from $165 to $205.
The article highlights a significant bearish sentiment in Oracle's options trading, with more puts than calls. This suggests that investors expect the stock to decline. The stock's current price is down, and analysts have mixed ratings, which could contribute to short-term downward pressure.
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