Oracle (ORCL) Offering Possible 15.47% Return Over the Next 6 Calendar Days

Oracle’s most recent trend suggests a bullish bias. One trading opportunity on Oracle is a Bull Put Spread using a strike $48.00 short put and a strike $43.00 long put offers a potential 15.47% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $48.00 by expiration. The full premium credit of $0.67 would be kept by the premium seller. The risk of $4.33 would be incurred if the stock dropped below the $43.00 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 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

ORCL: Rosen Law Firm Announces Filing of Securities Class Action Lawsuit Against Oracle Corporation; Important Deadline – ORCL
Fri, 14 Sep 2018 00:10:00 +0000
NEW YORK , Sept. 13, 2018 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of Oracle Corporation securities (NYSE: …

Oracle to Sustain Same Capital Expenditure Trend in Fiscal 2019
Thu, 13 Sep 2018 17:10:02 +0000
Oracle (ORCL) expects its fiscal 2019 capex (capital expenditure) to be equivalent to its fiscal 2018 capex of ~$1.7 billion. The company has maintained stable capital expenditure growth in the last five fiscal years, with average capex of ~$1.4 billion. The graph below shows Oracle’s capital expenditure trend for the last five fiscal years.

SHAREHOLDER ALERT: TSLA LCI CBS ORCL LOGM NLSN ZN RMTI HMNY SKX: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
Thu, 13 Sep 2018 16:28:07 +0000
NEW YORK, Sept. 13, 2018– The Law Offices of Vincent Wong announce that class actions have commenced on behalf of shareholders of the following companies. If you suffered a loss you have until the lead …

Can Oracle Meet Its Revenue Guidance in Fiscal Q1 2019?
Thu, 13 Sep 2018 15:40:02 +0000
Can Oracle Meet Analysts’ EPS Expectations for Fiscal Q1 2019? The ongoing migration trend of databases from on-premises software to the cloud platform is expected to support its revenue growth. The graph above illustrates Oracle’s revenue growth in the last five quarters, which has increased since the fiscal first quarter.

SHAREHOLDER ALERT – Bronstein, Gewirtz & Grossman, LLC Notifies Investors With Losses Exceeding $100K of Class Action Against Oracle Corporation (ORCL) & Lead Plaintiff Deadline: October 9, 2018
Thu, 13 Sep 2018 14:33:00 +0000
NEW YORK, NY / ACCESSWIRE / September 13, 2018 / Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed Oracle Corporation (“Oracle” or the “Company”) …

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