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Mar 10 at 04:30 PM
$Oracle(ORCL.US)Lots of 13 Mar Expiry 160 Call Options activity. There's some hedging on 130 Put.
Sentiment seems to be slightly optimistic around earnings, but based on Volatility, move expect to be about $15.
I'm slightly optimistic, have 160 Call, and Short Put Verical 140/135. Both closing before earnings.
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