Oracle's most recent trend suggests a bearish bias. One trading opportunity on Oracle is a Bear Call Spread using a strike $41.50 short call and a strike $46.50 long call offers a potential 8.7% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $41.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock rose above the $46.50 long call 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 down which suggests that the medium-term momentum for Oracle is bearish.
The RSI indicator is at 50 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
Oracle Completes Acquisition of MICROS Systems
Mon, 08 Sep 2014 21:00:00 GMT
Marketwired – Oracle
Oracle Executive Keynotes to Address Complexity, Cost, Cloud, and Transformational Technologies at Oracle OpenWorld 2014
Mon, 08 Sep 2014 19:07:37 GMT
Marketwired – Oracle
Authy Raises $3M To Two-Factor Authenticate Everything
Mon, 08 Sep 2014 12:00:00 GMT
Forbes – Authentication and specifically the security that two-factor authentication brings got a real profile boost last week when news of the celebrity picture scandal broke. While there are plenty of arguments about how these images where actually stolen, it seems pretty certain that using two-factor authentication (2FA) would have helped avoid […]
University of California, Berkeley Supports Research Program Growth With Modern Financial Platform From Oracle
Mon, 08 Sep 2014 12:00:00 GMT
Marketwired – Oracle
Oracle Value Chain Execution Application Improves Supply Chain Visibility and Operational Efficiency for Yard and Service Facilities
Mon, 08 Sep 2014 12:00:00 GMT
Marketwired – Oracle
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