A storm has been brewing around the cloud stocks for weeks now, and traders are expressing some uncertainty as the final name in the space gears up to report earnings.
div > div.group > p:first-child"> Following results from Dropbox, Workday, Box and Salesforce that spooked the street, all eyes are on Oracle ahead of its earnings report on March 14. Unfortunately, despite its nearly 17 percent climb to start 2019, traders aren't convinced sunny skies are ahead for the company, said"Fast Money" and"Options Action" trader Dan Nathan.
"That is a long shot, but I think it's really important to remember that this trader is risking 20 cents to possibly make $1.80 [per contract]." On the flip side, Nathan pointed out that — despite light guidance from other names in the space — Oracle's trading history is about as steady as they come.
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