tiprankstipranks
Advertisement
Advertisement

Mixed options sentiment in Oracle with shares down 2.01%

Mixed options sentiment in Oracle (ORCL), with shares down $3.59 near $174.75. Options volume running well above average with 568k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 1.03. Implied volatility (IV30) dropped 0.8 near 52.15,and above the 52wk median, suggesting an expected daily move of $5.74. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Neutral at Cleveland Research.

Claim 30% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1