/Oracle%20Corp_%20office%20logo-by%20Mesut%20Dogan%20via%20iStock.jpg)
Oracle Corp. (ORCL) produced higher revenue in Q2 but lower free cash flow and FCF margins. However, ORCL stock is now off its highs and could be undervalued here. Shorting out-of-the-money puts is one way to play it.
ORCL closed at $169.66 on Friday, Dec. 20, down 11.5% from its high of $191.69. However, ORCL could be worth 16% more at $197 per share. This is based on its strong free cash flow (FCF) and FCF margins over the last year. This article will show how that works out.