Oracle's most recent trend suggests a bullish bias. One trading opportunity on Oracle is a Bull Put Spread using a strike $49.50 short put and a strike $44.50 long put offers a potential 5.93% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.50 by expiration. The full premium credit of $0.28 would be kept by the premium seller. The risk of $4.72 would be incurred if the stock dropped below the $44.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Oracle is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Oracle is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Oracle
Oracle Once Talked to Palantir About a Potential Acquisition
Thu, 29 Jun 2017 16:44:01 +0000
Disgruntled Palantir investor spills the beans on a potential deal.
Oracle Breakout Could Yield Healthy Gains
Thu, 29 Jun 2017 15:55:00 +0000
Oracle stock broke out above 17-year resistance last week after blowing away quarterly estimates, setting the stage for higher prices.
Oracle Corp. :ORCL-US: Earnings Analysis: Q4, 2017 By the Numbers : June 29, 2017
Thu, 29 Jun 2017 15:17:44 +0000
Categories: Yahoo FinanceGet free summary analysis Oracle Corp. reports financial results for the quarter ended May 31, 2017. We analyze the earnings along side the following peers of Oracle Corp. – CA, Inc., Adobe Systems Incorporated, Intuit Inc., salesforce.com, inc., Red Hat, Inc. and Symantec Corporation (CA-US, ADBE-US, INTU-US, CRM-US, RHT-US and SYMC-US) that have also reported … Read more
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This Hot Database Startup Just Snagged $50 Million in Funding
Thu, 29 Jun 2017 11:30:17 +0000
Kinetica uses Nvidia GPUs for business tasks.
Oracle Weighed Buying Palantir in 2016, Investor Tells Court
Wed, 28 Jun 2017 18:14:31 +0000
Oracle Corp. discussed buying data-analytics company Palantir Technologies Inc. last year, a disgruntled investor in the secretive startup said in court Wednesday.
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