Oracle's most recent trend suggests a bullish bias. One trading opportunity on Oracle is a Bull Put Spread using a strike $47.00 short put and a strike $42.00 long put offers a potential 5.93% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $47.00 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 $42.00 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 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
Zuora CEO preaches cloud subscription
Thu, 19 Jul 2018 22:32:01 +0000
Zuora CEO Tien Tzuo is no stranger to what it takes to build a trailblazing company from the ground up, having been at Salesforce in its early days of trying to prove a subscription-based approach to software could work.
Better Buy: Cisco Systems, Inc. vs. Oracle Corporation
Thu, 19 Jul 2018 14:35:00 +0000
Which mature tech stock is a better long-term buy?
Oracle (ORCL) Up 5.7% Since Earnings Report: Can It Continue?
Thu, 19 Jul 2018 12:18:12 +0000
Oracle (ORCL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
See what the IHS Markit Score report has to say about Oracle Corp.
Thu, 19 Jul 2018 12:00:45 +0000
Oracle Corp NYSE:ORCL
The Zacks Analyst Blog Highlights: Microsoft, Amazon, Oracle, Alphabet and Walmart
Thu, 19 Jul 2018 11:47:11 +0000
The Zacks Analyst Blog Highlights: Microsoft, Amazon, Oracle, Alphabet and Walmart
Related Posts
Also on Market Tamer…
Follow Us on Facebook