Oracle(US:ORCL) Youtube·2025-09-16 13:14Company Overview - Oracle's stock has seen a significant increase, rallying over 30% this month and outperforming the tech sector and S&P 500 by more than 77% over the past year [1][3]. - The software sector has had mixed performance, with Oracle being a standout performer compared to other companies like Autodesk, Salesforce, and Adobe, which have experienced declines [4]. Market Trends - The stock's recent performance includes a notable earnings jump accompanied by high trading volume, indicating strong trader conviction [5]. - Current price levels show a retreat from recent highs near 346, with a low point around 292, establishing key boundaries for potential breakout activity [5][8]. Technical Analysis - The Relative Strength Index (RSI) indicates a slowdown in momentum, having backed off from overbought conditions [6]. - A volume profile analysis suggests a significant concentration around the 310 price level, which is a critical area to watch for upward movement [7]. Options Strategy - Implied volatility remains elevated, presenting a dilemma for bullish strategies, as higher volatility typically increases the cost of options [10][11]. - A conservative options strategy proposed involves selling an out-of-the-money put vertical, specifically a 310 strike put while buying a 290 strike put, allowing for a neutral to bullish stance with a cushion for downside risk [12][13]. - The probability of the 310 strike remaining out of the money at expiration is approximately 55-56%, with a break-even point at 305, just over 3% below the current opening level [14][15].