Database software giant Oracle (ORCL) is up 23% over the past year, handily beating the S&P 500, even with its recent pullback. One trader sees more upside into the middle of next year.
That’s based on the June 2026 $165 calls. With 412 days until expiration, 10,500 contracts traded compared to a prior open interest of 198, for a 56-fold rise in volume on the trade. The buyer of the calls paid $14.95 to make the bullish bet.
Oracle shares recently traded for $141, so the stock would need to rise by $24, or 17% for the option to move in-the-money. The strike price of the option is...
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