Deep-pocketed investors have adopted a bullish approach towards Oracle ORCL, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in ORCL usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Oracle. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 45% leaning bullish and 36% bearish. Among these notable options, 2 are puts, totaling $109,250, and 9 are calls, amounting to $394,642.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $120.0 to $210.0 for Oracle over the recent three months.
Volume & Open Interest Development
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $120.0 to $210.0 in the last 30 days.
Oracle 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ORCL | CALL | TRADE | BEARISH | 03/21/25 | $2.95 | $2.86 | $2.86 | $210.00 | $85.8K | 1.1K | 300 |
| ORCL | PUT | SWEEP | BULLISH | 12/20/24 | $9.55 | $9.5 | $9.5 | $170.00 | $73.1K | 542 | 69 |
| ORCL | CALL | TRADE | BULLISH | 06/20/25 | $53.1 | $51.1 | $52.5 | $120.00 | $52.5K | 477 | 10 |
| ORCL | CALL | TRADE | NEUTRAL | 01/17/25 | $10.55 | $10.4 | $10.48 | $170.00 | $52.4K | 2.1K | 27 |
| ORCL | CALL | TRADE | BULLISH | 03/21/25 | $6.55 | $6.4 | $6.55 | $190.00 | $46.5K | 2.2K | 71 |
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.
Having examined the options trading patterns of Oracle, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Oracle
- With a trading volume of 1,753,177, the price of ORCL is up by 1.3%, reaching $167.96.
- Current RSI values indicate that the stock is may be overbought.
- Next earnings report is scheduled for 75 days from now.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
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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