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STRONG BUY · ORCL

Strong Buy ORCL by Oct 7, 2026.

G
Gnreuxreddit
via r/options
· Published Jun 1, 2026 16:33 · Valid until Oct 7, 2026 · ACTIVE
Entry
$129.00
Now
$134.06 +3.9%
Target
Score
Hi all, I'm looking for advice on managing this position : 3x ORCL 170C Nov20'26 It is obviously now deep ITM, is at delta 0.85, and I feel like I'm now holding basically a synthetic stock. I'm looking to protect myself against downside and potentially be able to realise more upside, though I am not opposed to just letting the position ride if that is wise. I am unfamiliar with diagonal spreads, Poor Man's Covered Calls, diagonal rolls, etc. Please …
— ORIGINAL POST · Managing a deep ITM option [ORCL] · r/options · Jun 1, 2026