Technical 'buying ' on 5 waves correction completed, with 62 DBThis looks too good to be true - or is it? Technical perfect with :
1. 5 waves correction
2. 62 % retraced from low to high this year
3. a double bottom with May low
So I got aggressive and sold a bull put spread for premium two weeks expires.
Sold 45 ( 4500 shares) contracts of American PUT stri
Next report date
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Report period
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EPS estimate
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1.12 AUD
524.60 M AUD
7.66 B AUD
485.95 M
About ORICA LIMITED
Sector
Industry
CEO
Sanjeev Gandhi
Website
Headquarters
Melbourne
Founded
1874
ISIN
AU000000ORI1
FIGI
BBG000BZFW20
Orica Ltd. engages in the provision of mining and infrastructure solutions. The firm is also involved in manufacturing and distribution of commercial explosives and blasting systems including technical services and solutions; mining and tunneling support systems to the mining and infrastructure markets; and various chemical products and services. It operates through the following segments: Australia, Pacific, and Asia (APA); North America; Latin America; Europe, Middle East, and Africa (EMEA); Digital Solutions; and Global Support. The company was founded in 1874 and is headquartered in Melbourne, Australia.
Neutral to bullish - bull put spread ( net credit)
Options trade - Bull Put Spread
technical - seems like a two legged correction in a weak bullish trend of equal amounts has indicated a pause in price ;
The at the money put at 16.50 is sold for credit for Aug 20th expirey;
The out of money put at 15.50 is bought for debit
net credit $1000
scena
Turtle soup new 20 day low- and ABC correction
There is a technical termination of C wave in textbook correction,
so to be neutral to bullish seems a better than 50% chance.
Using time-decay last 14 days of Bull Put spread;
short 16.00 Jul 15 strike / long 15.50 Jul - for net credit payment of +$639 for 2 weeks wait....
Just needs to expire
See all ideas
Summarizing what the indicators are suggesting.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
An aggregate view of professional's ratings.
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of ORI is 15.62 AUD — it has increased by 0.13% in the past 24 hours. Watch ORICA LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange ORICA LIMITED stocks are traded under the ticker ORI.
ORI stock has fallen by −3.64% compared to the previous week, the month change is a −12.00% fall, over the last year ORICA LIMITED has showed a −11.75% decrease.
We've gathered analysts' opinions on ORICA LIMITED future price: according to them, ORI price has a max estimate of 22.00 AUD and a min estimate of 19.00 AUD. Watch ORI chart and read a more detailed ORICA LIMITED stock forecast: see what analysts think of ORICA LIMITED and suggest that you do with its stocks.
ORI stock is 0.90% volatile and has beta coefficient of 0.65. Track ORICA LIMITED stock price on the chart and check out the list of the most volatile stocks — is ORICA LIMITED there?
Today ORICA LIMITED has the market capitalization of 7.60 B, it has increased by 3.14% over the last week.
Yes, you can track ORICA LIMITED financials in yearly and quarterly reports right on TradingView.
ORICA LIMITED is going to release the next earnings report on May 8, 2025. Keep track of upcoming events with our Earnings Calendar.
ORI earnings for the last half-year are 0.47 AUD per share, whereas the estimation was 0.49 AUD, resulting in a −4.10% surprise. The estimated earnings for the next half-year are 0.45 AUD per share. See more details about ORICA LIMITED earnings.
ORICA LIMITED revenue for the last half-year amounts to 4.01 B AUD, despite the estimated figure of 4.13 B AUD. In the next half-year revenue is expected to reach 4.04 B AUD.
ORI net income for the last half-year is 187.10 M AUD, while the previous report showed 337.50 M AUD of net income which accounts for −44.56% change. Track more ORICA LIMITED financial stats to get the full picture.
ORICA LIMITED dividend yield was 2.53% in 2024, and payout ratio reached 42.45%. The year before the numbers were 2.76% and 66.04% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Apr 18, 2025, the company has 14 K employees. See our rating of the largest employees — is ORICA LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ORICA LIMITED EBITDA is 1.17 B AUD, and current EBITDA margin is 15.33%. See more stats in ORICA LIMITED financial statements.
Like other stocks, ORI shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ORICA LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ORICA LIMITED technincal analysis shows the strong sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ORICA LIMITED stock shows the strong sell signal. See more of ORICA LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.