Benzinga's options scanner has just identified more than 9 option transactions on Oracle ORCL, with a cumulative value of $447,265. Concurrently, our algorithms picked up 4 puts, worth a total of 528,150.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $112.0 to $130.0 for Oracle during the past quarter.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Oracle's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Oracle's whale trades within a strike price range from $112.0 to $130.0 in the last 30 days.
Oracle Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ORCL | PUT | SWEEP | BEARISH | 07/19/24 | $6.0 | $5.9 | $5.95 | $115.00 | $297.5K | 1.9K | 6 |
| ORCL | PUT | TRADE | BULLISH | 05/17/24 | $15.1 | $13.45 | $14.1 | $130.00 | $169.2K | 800 | 0 |
| ORCL | CALL | SWEEP | BULLISH | 05/17/24 | $3.75 | $3.6 | $3.75 | $115.00 | $75.0K | 1.8K | 11 |
| ORCL | CALL | TRADE | BULLISH | 05/31/24 | $6.35 | $6.35 | $6.35 | $112.00 | $60.3K | 95 | 0 |
| ORCL | PUT | SWEEP | BULLISH | 04/26/24 | $2.82 | $2.69 | $2.7 | $117.00 | $35.7K | 554 | 346 |
About Oracle
Oracle provides database technology and enterprise resource planning, or ERP, software to enterprises around the world. Founded in 1977, Oracle pioneered the first commercial SQL-based relational database management system. Today, Oracle has 430,000 customers in 175 countries, supported by its base of 136,000 employees.
Present Market Standing of Oracle
- With a trading volume of 726,955, the price of ORCL is up by 0.17%, reaching $115.08.
- Current RSI values indicate that the stock is may be oversold.
- Next earnings report is scheduled for 49 days from now.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Oracle, Benzinga Pro gives you real-time options trades alerts.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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