Oracle's most recent trend suggests a bearish bias. One trading opportunity on Oracle is a Bear Call Spread using a strike $40.00 short call and a strike $45.00 long call offers a potential 10.86% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $40.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock rose above the $45.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Oracle is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Oracle is bearish.
The RSI indicator is at 45.87 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Oracle
Corporate earnings take Latin American hit
Sun, 27 Apr 2014 12:30:10 GMT
When your CEO neighbor isn't so neighborly
Sat, 26 Apr 2014 14:00:38 GMT
State leaving online health exchange for US site
Fri, 25 Apr 2014 23:35:43 GMT
AP – After months of trying to get its problem-plagued online health exchange to work, Oregon on Friday officially gave up on the state portal and decided to switch to the federal website — the first state …
Microsoft transition keyed by cloud: Analyst
Fri, 25 Apr 2014 14:00:00 GMT
Oracle Cloud Forum Meeting to Be Held April 29, 2014
Fri, 25 Apr 2014 12:00:00 GMT
Marketwired – Oracle today announced that it will host the Oracle Cloud Forum Meeting on Tuesday, April 29, 2014.
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