How to Play Oracle Stock (ORCL) with Options Strategies
Software giant Oracle (ORCL) naturally stole the spotlight after releasing its earnings results for its fiscal second quarter. It was a disappointing outing, with earnings per share of $1.47 missing the consensus target by a penny. Also, revenue of $14.06 billion fell short of the $14.10 billion that experts anticipated. Given the lackluster performance, there may be a natural tendency to consider shorting ORCL stock with the purchase of put options. With the broader tech sector having enjoyed r