/Oracle%20Corp_%20office%20logo-by%20Mesut%20Dogan%20via%20iStock.jpg?ssl=1 "Investors are pessimistic about Oracle ahead of earnings – unusually intensive trading in ORCL put options")
By Mark R. Hake, CFA
Publication Date: 2026-06-02 17:30:00
Oracle Corp_ office logo – by Mesut Dogan via iStock
A Barchart report shows unusually strong trading today Oracle Corp (ORCL) Put options ahead of earnings due next Wednesday, June 10thafter market close. This could indicate that investors are bearish on ORCL stock, just as they were last quarter.
ORCL is at $240.23down over 3.2% in midday trading today. However, ORCL stock has skyrocketed over the past month, rising +48.8% since April 30 ($161.39). This could be another reason why many put options are being bought today.
The perch type Unusual Stock Options Activity Report Today it shows that almost 50 times the normal outstanding number of put contracts were traded. This is an ORCL put option tranche that is well out of the money (OTM).
The report shows that over 10,000 put contracts were traded for ORCL puts with a $190.00 Strike price ends June 26thi.e. in 24 days, but after the date of publication of the results.
