0.18Open0.18Pre Close0 Volume9 Open Interest128.00Strike Price0.00Turnover703.27%IV11.71%PremiumJul 12, 2024Expiry Date0.00Intrinsic Value100Multiplier-1DDays to Expiry0.18Extrinsic Value100Contract SizeAmericanOptions Type-0.0412Delta0.0084Gamma804.28Leverage Ratio-11.3670Theta0.0000Rho-33.16Eff Leverage0.0013Vega
Oracle Stock Discussion
Oracle Corporation (ORCL US) $Oracle(ORCL.US)$
Daily Chart -[BULLISH ↗ **] Market shaped a bullish breakout of ascending channel. We stay bullish on Oracle, expecting price to hold above 137.50 support, before shaping a new push higher towards 156.50 resistance. Technical indicators advocating for a bullish scenario.
Alternatively: A daily candlestick close below 137.50 support will open a correction towards next support at 128...
Let's!
$ServiceNow(NOW.US)$ $Salesforce(CRM.US)$ $Adobe(ADBE.US)$ $Oracle(ORCL.US)$
Joined the S&P 500 on June 24.
Shares rose steadily after a 34% revenue increase to $921 million and higher guidance for the year.
Focus on AI has fueled share growth since its 2019 IPO.
Shares up 52% in 2024.
No comment yet