Wealth Building with Options

Wealth Building with Options

Market Commentary and Trade Ideas

ORCL Put Credit Spread

John Kmiecik's avatar
John Kmiecik
Aug 06, 2026
∙ Paid

This ORCL bull put spread showed up on our scanner today. What I really like about this trade idea is that the stock just recently broke out of a serious downtrend. What also makes this trade idea interesting is the potential support level around the $137 level from prior pivots as you can see from the chart below. The $137 level is the short put strike. In addition, implied volatility is fairly priced on the options.

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