Pre-earnings options volume in Oracle is 1.5x normal with puts leading calls 8:7. Implied volatility suggests the market is anticipating a move near 7.0%, or $8.71, after results are released. Median move over the past eight quarters is 6.8%.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORCL:
- Options Volatility and Implied Earnings Moves Today, June 11, 2024
- Options Volatility and Implied Earnings Moves This Week, June 10 – June 13, 2024
- Oracle price target lowered to $128 from $133 at Citi
- Oracle (NYSE:ORCL) Pre-Earnings: Here’s What to Expect
- Chinese Firms Exploit Loopholes for Nvidia’s (NASDAQ:NVDA) AI Chips Amid Sanctions
