Oracle's most recent trend suggests a bullish bias. One trading opportunity on Oracle is a Bull Put Spread using a strike $37.00 short put and a strike $32.00 long put offers a potential 5.71% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $37.00 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock dropped below the $32.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Oracle is bullish and the probability of a rise 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 at 66.23 level which suggests that the stock is neither overbought nor oversold at this time.
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
Can Microsoft Continue Its Uptrend?
Sun, 29 Dec 2013 16:14:03 GMT
Wall St. Cheat Sheet – Microsoft stock has been moving higher in recent years and is now trading near all time highs.
Oracle’s Bid for Responsys Not a Done Deal
Sat, 28 Dec 2013 17:08:08 GMT
Wall St. Cheat Sheet – It looks like Oracle's planned purchase of Responsys Inc. may be hitting a speed bump, as other companies could be exploring a competing bid.
Will Oracle’s Responsys Bid Disrupt CRM?
Sat, 28 Dec 2013 15:48:02 GMT
Motley Fool – Oracle's agreement to buy Responsys may hoist Oracle to the head of the CRM pack if the company can leverage Responsys energy, not just its synergies.
Apple leads record return of cash to shareholders
Sat, 28 Dec 2013 12:00:11 GMT
USA TODAY – Companies are returning value to shareholders at a pace not seen in years.
Outlook For Mergers Rises With Economy
Fri, 27 Dec 2013 23:20:00 GMT
Investor's Business Daily – Inside Real Estate/Staff, New Issue America/New Issue Pipeline, Industry Snapshot/Default, New Issue America/Default, Making Money/Investor's Corner, Front Page News/Feature Story, Front Page News/General …
Related Posts
Also on Market Tamer…
Follow Us on Facebook