Bearish flow noted in Oracle with 5,807 puts trading, or 1.7x expected. Most active are Oct-24 125 puts and Dec-24 130 puts, with total volume in those strikes near 3,100 contracts. The Put/Call Ratio is 2.91, while ATM IV is up nearly 2 points on the day. Earnings are expected on September 9th.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ORCL:
- Oracle CEO Catz leaves Disney’s board of directors
- Oracle (NYSE:ORCL) Agrees to Settle Privacy Lawsuit for $115M
- Oracle still sees strong demand despite xAI talks ending, says Jefferies
- Oracle (NYSE:ORCL) Slides after xAI Deal Collapses
- Musk says Oracle ‘great company,’ but xAI needs ‘own hands on steering wheel’