Oracle Stock Is Down 17% This Year, But Options Traders Bet on a Blowout
Oracle options imply an 11% earnings move, with calls priced above puts as traders bet heavily on upside following the report.
Oracle's stock is down a lot this year, but some traders who bet on future prices think good news is coming soon. When more people bet on the stock going up than down, it can mean they expect the company to do well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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