Oracle Is Getting 2 New CEOs. Here Is What Options Data Tells Us Could Be Coming Next for ORCL Stock.

Core Insights - Oracle's shares rose over 6% on September 22 following the appointment of Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz who transitions to executive vice chair [1] - Year-to-date, Oracle's stock has increased nearly 175% from its low in late April [2] - The new co-CEOs bring complementary expertise, with Magouyrk focusing on cloud infrastructure and Sicilia on vertical applications and applied AI [3] - The timing of the leadership change is strategic as Oracle secures major deals, including a $300 billion agreement with OpenAI and involvement in TikTok's U.S. operations [4] - Options data indicates a bullish outlook for Oracle stock, with an implied trading range of $265 to $383 for December 19 expiration [5] - The recent executive changes and Oracle's role in AI workloads suggest that the upper end of the projected trading range is increasingly plausible [6] - Wall Street analysts maintain a bullish stance on Oracle shares [7]