On Wednesday, March 15th, Oracle (ORCL) will release its third quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell), and have a Value, Growth, and Momentum score of D.
In our video David takes a look at Oracle, and he gives us two options picks
1. Long April 21st $43/41 Put Spread for 78c net debit for the bears
2. Long April $42/44 Call Spread for 93c Net Debit for the bulls.
Oracle in Focus
Oracle Corporation is one of the world's leading suppliers of software for information management. The company develops, manufactures, markets and distributes computer software that helps corporations manage and grow their businesses. The company's software products can be categorized into two broad areas: Systems software and Internet business applications software.
Oracle is expected to report earnings at $0.57 per share according to the Zacks Consensus Estimate. Last quarter they met earnings expectations at $0.55 per share.
Oracle Corporation Price, Consensus and EPS Surprise
Oracle Corporation Price, Consensus and EPS Surprise | Oracle Corporation Quote
How should investors play Oracle ahead of their earnings report? For insights on the best options trades, then watch the video above.
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Oracle Corporation (ORCL): Free Stock Analysis Report
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