$ORCL VERTICAL 250912 CALL 355.0/CALL 350.0$ 

ORCL: high risk betting trade. 

ORCL moved up 40% today after earnings despite a double miss. 

The promise of better returns and order book as enough to push the stock and also lots of other sympathy stocks play. 

Not convinces the 40% can sustained, setup this bear call with short call strike at $350 and long call strike at $355 for 2 contracts with max loss exposure of $1k.

Contracts to expire this Fri 12th Sept. 

Reward is potential collecting $260 for this trade and risking $1k for 2.5 days of trade. 

ORCL Vertical
09-10 22:44
US350.0/355.0
SidePrice | FilledRealized P&L
Credit
Open
-1.30
2
--
Holding
ORCL VERTICAL 250912 CALL 355.0/CALL 350.0
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  • EmilyMark
    ·09-11
    That's a bold move! Just be wary of how volatile earnings can be.
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  • Zarkness
    ·09-11
    Congrats !! Sure win !
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