Huge, unusual volume in Oracle Corp. (ORCL) call options that expire in just over two years may indicate some institutional investors are taking advantage of ORCL's weak stock price. It could imply a covered call ORCL play here.
ORCL is at $148.88 in midday trading today. The stock has tumbled since its last earnings report on June 10. After peaking at $248.15 on June 1, it hit a low of $114.99 on July 24 and is now up 30% from that trough price.
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#june #price #oracle
ORCL is at $148.88 in midday trading today. The stock has tumbled since its last earnings report on June 10. After peaking at $248.15 on June 1, it hit a low of $114.99 on July 24 and is now up 30% from that trough price.
Investors in Microsoft Love Shorting Out-of-the-Money MSFT Puts
Alphabet Stock Has Attractive Short-Put Yields As GOOGL Stock Treads Water
This Micron Covered Call Could Pay You 63% to Sit and Wait
#june #price #oracle
3 months ago
