Daily rights tracking | Apple options transactions soared 3 times, and one-call orders skyrocketed 6200%; GameStation and AMC bullish options transactions are hot
Oracle released its earnings report after market hours yesterday, and as of publication, the stock price has risen nearly 9% before market opening. The volume of options for the stock has significantly increased to 260,000 contracts, nearly 4 times the daily average. In the options chain, investors sold a large amount of put options and bought call options at a price of $124.61.
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In Morgan Stanley's annual outlook, analysts suggest investors focus more on defensive sectors of large-cap stocks rather than growth sectors.