- Entry
- $128.61
- Final
- $175.07 +36.1%
- Target
- $238.00
- Score
- +0.42
ORCL reports Wednesday after close. I’m looking at the June 12 215/240 call debit spread. Spot is around $213. The June 12 ATM straddle is pricing about a $27.60 move, or roughly 12.9%, which puts the upside implied move near $241. That is why I don’t like the 215/225 here. If the market is pricing a move toward 240, capping the trade at 225 leaves too much of the expected move on the table. The flow lines up with that. …
— ORIGINAL POST ·
My ORCL earnings setup: looking at the 215/240 call spread
· r/options
· Jun 8, 2026