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Mar 9, 2024 2:26 PM

ORCL Oracle Corporation Options Ahead of Earnings Short

Oracle CorporationNYSE

Description

If you haven`t bought ORCL prior to the previous earnings:


Then analyzing the options chain and the chart patterns of ORCL Oracle Corporation prior to the earnings report this week,
I would consider purchasing the 110usd strike price Puts with
an expiration date of 2024-4-19,
for a premium of approximately $4.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.



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