Options traders target $175 strike as Oracle posts fiscal Q1 results
Oracle Corporation (ORCL) is set to release fiscal Q1 earnings on Thursday after the market closes. Options positioning shows focus on a $175 call strike amid expectations for a double-digit post-earnings price swing; shares closed Tuesday at $162.52.
Oracle Corporation NYSE:ORCL is due to report fiscal Q1 results on Thursday after the market close, with options traders positioning for a double-digit move after the release. 4%, as market participants…