New Trade (ORCL) for 4/26/2017

2:45pm (EST)

I have a New Trade I want to get us into on a stock that has made a nice floor of support this month and could be headed to fresh 52-week peaks in the coming weeks.
Oracle (ORCL, $44.83, up $0.11)

Buy to Open ORCL June 46 calls (ORCL170616C00046000, $0.55, up $0.07)

Action: I like these call options at current levels and you can use a Limit Order up to 65 cents to get the best fills. These are the ORCL June 46 call options that expire on June 16th, 2017. I will provide the parameters of the trade in tomorrow’s Pre-Market update.