Oracle (ORCL) Options Signal $250 Bull Call Play Amid Oversold RSI and AI-Driven Rebound Potential

• Oracle’s RSI at 27.04 suggests oversold conditions, hinting at a potential rebound.
• Call open interest spikes at $250 strike (8800 OI this Friday), while puts cluster at $200 (4368 OI), signaling mixed sentiment.
• Deutsche Bank’s $375 price target and a $30B cloud contract add bullish catalysts, but insider selling raises caution.

Here’s the core insight: Oracle’s options market is split between bullish bets on AI-driven growth and bearish hedges around $200 support. The stock’s 0.005% dip today masks a technical setup where oversold RSI and heavy call open interest at $250 could fuel a short-term rebound—if AI optimism outweighs near-term risks.

Call OI at $250 Suggests Whale Bets on AI-Driven Rebound

The options chain tells a story of two camps. For this Friday’s expiration, ORCL20251205C250 calls dominate with 8800 open interest, nearly double the next strike. That’s a whale-sized bet on a sharp move above $250, likely tied to Deutsche Bank’s $375 price target and Oracle’s $30B cloud contract. But don’t ignore the puts: ORCL20251205P200 has 4368 OI, anchoring downside risk around $200. The put/call ratio at 0.988 is eerily balanced, suggesting traders are hedging both directions. No block trades to note, but the $250 call pile-up feels like a crowd-sourced bet on AI infrastructure scaling.

Mixed Analyst Ratings and Insider Selling Add Nuance

The news flow is a tug-of-war. Deutsche Bank’s bullish $375 target clashes with DA Davidson’s $200 cut, while insider selling ($60M in three months) adds friction. Oracle’s Q3 earnings miss and OpenAI antitrust scrutiny muddy the waters. Yet the $30B cloud contract and 1.0% dividend yield offer income-focused investors a lifeline. The key question: Will AI optimism (and Deutsche Bank’s DCF model) outweigh near-term execution risks? The stock’s 40% drop from September’s peak means there’s room for a rebound—but also plenty of short-term skepticism.

Bull Call Spread at $210–$250 and $195 Put Hedge Offer Defined Risk

For options traders, the ORCL20251205C210 and ORCL20251205C250 strikes form a tight bull call spread. Buy the $210 call (8430 OI) and sell the $250 call to cap risk. If Oracle breaks above $215 (its 30D support level), the spread could profit as the $250 call gains value. For stock players, consider entry near $196.7 (today’s intraday low) if the RSI rebounds from 27. A breakout above $203.5 (intraday high) would target $215 resistance. To hedge, buy ORCL20251205P195 (3346 OI) to protect against a drop below $195.

Volatility on the Horizon: Balancing AI Optimism with Execution Risks

Oracle’s future hinges on two forces: its ability to scale AI infrastructure (and secure that $30B contract) and the market’s tolerance for near-term earnings misses. The options data and news flow suggest a volatile December, with the $250 call strike acting as a psychological threshold. If Oracle’s AI partnerships gain traction, the $375 price target could feel conservative. But if OpenAI’s competition or macroeconomic headwinds intensify, the $195–$185 Bollinger Band support zone will be critical. For now, the stock is dancing on a tightrope between AI euphoria and execution reality.