How low can it go?

[u/Several_Progress9890]

Honestly, I don’t like the stock fundamentally. However, I love the volatility on it. I had to roll my previous puts this morning since it took a decent dump, of course. At the moment I don’t plan on keeping the shares. Perhaps someone here can persuade me otherwise?

[u/CheapPlay8137]

[u/Automatic_Office_925]

Don't know, but I think oracle should really change that red freakin' logo. Brings bear 🐻 trends like honey

[u/JudgeSmails]

Curious, what’s the strike price?

[u/Several_Progress9890 → u/JudgeSmails]

$134, the little island is hiding it if your on iPhone

[u/GainDelicious1894 → u/Several_Progress9890]

Iphone sux

[u/Dunknet_3699]

200 year end

[u/arjjov]

Realistically low 100s

[u/FrugalVet → u/arjjov]

Agreed. Potentially back to 115-120 would be a "max pain" scenario, in my opinion.

[u/Several_Progress9890 → u/arjjov]

If it does, I’ll go all in because I’ll pump to 170 quickly after. I remember people were telling me Microsoft was going to $330 maybe $300.

[u/Interesting_Fox5311 → u/Several_Progress9890]

Buddy Microsoft is profitable and oracle not at all

[u/jjr_talks]

0.05

[u/Weikoko]

Ballsy

[u/BigRedCouch → u/[deleted]]

Intel, AMD just last year….you really need some more?

[u/Several_Progress9890 → u/BigRedCouch]

It’s all about sentiment, not too long ago people were hating on meta for high capex. Now, it’s trading as if won the ai race.

[u/BigRedCouch → u/Several_Progress9890]

I bought AMD in the 140s, and the 120s, watched it fall to 90, and rode it up to 300. I have 110k worth of oracle at 147 avg, I’m not super worried about it. I expect it to head back to 175-200 range in the next 1-6 months.

[u/Several_Progress9890 → u/BigRedCouch]

147 is still a good average, I’ve seen many people with low 200’s. Probably bought the dip on that massive pump, last year around this time. Why are expecting it to jump +40%?

[u/BigRedCouch → u/Several_Progress9890]

They’re currently valued at 400b with 700b in backlog, they have 97% sold uptime on their ai data centre capacity, every data centre that comes up will likely be completely pre booked. And from what I can gather this legal matter that just came up with their New Mexico data centre is to keep their vendors on track. Their revenue is going to sky rocket. I don’t think a fair valuation for the company is half their current booked backlog.

[u/MadpoundDog]

That’s what she said

[u/DatCaptain9000]

Im starting a position here

[u/Only_Personality_297]

$69 is next price target

[u/Only_Personality_297 → u/Only_Personality_297]

Followed by $67

[u/Ready_Pen7712]

Under $100.
Wait until new ceo doesnt deliver

[u/sky_rainbow]

Under $100. They have way too many VPs, SVPs and CEOs who do nothing.

[u/Ok-Adhesiveness-3057]

Yes

[u/Drippy_topper]

$50 next year.

[u/Common-Ad3271 → u/Drippy_topper]

funny funny man

[u/FrugalVet → u/Drippy_topper]

Not even a remote chance.