---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/42968709.md"
description: "$Oracle(ORCL.US) Looking at the options expiring on July 31, we are currently in a negative Gamma zone, where volatility is prone to expand. 120 is a major Put position node and an important battleground. 122.38 is the Gamma flip point. 125 is a major Call position node, serving as potential resistance/suction.In the short term, pressure will set in after a 6% rise, with limited upside space. Although historical price trends show it's already in an undervalued range and there was a rebound today, be cautious of changes in intrinsic value. An item worth $100 now selling for $50 isn't necessarily a loss-making clearance sale from an $80 cost; the cost might have dropped to $20, meaning selling at $50 still yields a $30 profit.So, broadly speaking, there are two scenarios.Betting on a rebound. This requires a catalyst—a strong proof that such high leverage is justified. Open positions during low-volatility dips, betting on a broader market rally or unexpected events to cover drawdowns. It becomes more suitable to enter as it nears 110. After all, over $100 million in Puts are sitting at 110.The other approach is to treat it like a cash cow: seek relative stability rather than explosive growth. Wait until it firmly stands above 125 within the month before acting.Leaving a record here."
datetime: "2026-07-27T16:36:39.000Z"
locales:
  - [en](https://longbridge.com/en/topics/42968709.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/42968709.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/42968709.md)
author: "[dash](https://longbridge.com/en/profiles/14007684.md)"
generator: "portal-rs"
---

# $Oracle(ORCL.US) Looking at the options expiring o…


### Related Stocks

- [ORCL.US](https://longbridge.com/en/quote/ORCL.US.md)
- [ORCL-D.US](https://longbridge.com/en/quote/ORCL-D.US.md)

## Comments (2)

- **dash · 2026-08-03T15:08:10.000Z**: $Oracle(ORCL.US) broke above 125 on the last day of the month, opening up upside potential and once again confirming my previous directional call.I don't think I'll invest; I don't calculate various valuation models either. Fortunately, I can see how smart money is positioning itself, so I'll follow


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**