Monday, December 18, 2006
ORCL - Oracle
Oracle Corp (ORCL) matched at 22c/shr bottom line, slightly exceeded on top line. The stock is doing what it does best, not much of anything, down about 1% What I'm wondering is what was up with the more than 20k Jan20 and 56k Jan19 ORCL calls that traded today. Those were bullish bets. Last Sept there was a big gap up after earnings... doesn't look like a repeat performance... so it looks like a lot of options bag holders unless the stock can resume an upward climb in the weeks ahead.