A whale with a lot of money to spend has taken a noticeably bullish stance on Oracle.

Looking at options history for Oracle ORCL we detected 14 strange trades.

If we consider the specifics of each trade, it is accurate to state that 64% of the investors opened trades with bullish expectations and 35% with bearish.

From the overall spotted trades, 7 are puts, for a total amount of $374,183 and 7, calls, for a total amount of $208,484.

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $72.5 to $95.0 for Oracle over the last 3 months.

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Oracle's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Oracle's whale trades within a strike price range from $72.5 to $95.0 in the last 30 days.

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume ORCL PUT SWEEP BULLISH 09/15/23 $95.00 $128.7K 0 60 ORCL PUT SWEEP BULLISH 01/19/24 $90.00 $88.3K 1.4K 48 ORCL PUT SWEEP BEARISH 10/21/22 $72.50 $38.9K 1.0K 195 ORCL CALL SWEEP BULLISH 09/30/22 $76.00 $38.7K 51 236 ORCL PUT SWEEP BULLISH 03/17/23 $75.00 $38.4K 405 26

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Oracle, Benzinga Pro gives you real-time options trades alerts.

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