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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0.1 EUR
325.77 M EUR
4.76 B EUR
485.95 M
About ORICA LIMITED
Sector
Industry
CEO
Sanjeev Gandhi
Website
Headquarters
Melbourne
Founded
1874
ISIN
AU000000ORI1
FIGI
BBG000BYFMJ7
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
SellBuy
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 ICA is 10.4 EUR — it has increased by 1.96% in the past 24 hours. Watch ORICA LTD. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on FWB exchange ORICA LTD. stocks are traded under the ticker ICA.
ICA stock has risen by 11.23% compared to the previous week, the month change is a 27.61% rise, over the last year ORICA LTD. has showed a −6.31% decrease.
We've gathered analysts' opinions on ORICA LTD. future price: according to them, ICA price has a max estimate of 13.11 EUR and a min estimate of 10.20 EUR. Watch ICA chart and read a more detailed ORICA LTD. stock forecast: see what analysts think of ORICA LTD. and suggest that you do with its stocks.
ICA stock is 1.92% volatile and has beta coefficient of 0.81. Track ORICA LTD. stock price on the chart and check out the list of the most volatile stocks — is ORICA LTD. there?
Today ORICA LTD. has the market capitalization of 5.00 B, it has increased by 7.60% over the last week.
Yes, you can track ORICA LTD. financials in yearly and quarterly reports right on TradingView.
ORICA LTD. is going to release the next earnings report on Nov 13, 2025. Keep track of upcoming events with our Earnings Calendar.
ICA earnings for the last half-year are 0.30 EUR per share, whereas the estimation was 0.26 EUR, resulting in a 12.74% surprise. The estimated earnings for the next half-year are 0.33 EUR per share. See more details about ORICA LTD. earnings.
ORICA LTD. revenue for the last half-year amounts to 2.27 B EUR, despite the estimated figure of 2.34 B EUR. In the next half-year revenue is expected to reach 2.41 B EUR.
ICA net income for the last half-year is −51.36 M EUR, while the previous report showed 116.19 M EUR of net income which accounts for −144.21% change. Track more ORICA LTD. financial stats to get the full picture.
ORICA LTD. 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 May 9, 2025, the company has 14 K employees. See our rating of the largest employees — is ORICA LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ORICA LTD. EBITDA is 752.88 M EUR, and current EBITDA margin is 15.33%. See more stats in ORICA LTD. financial statements.
Like other stocks, ICA 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 LTD. 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 LTD. technincal analysis shows the strong buy rating today, and its 1 week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ORICA LTD. stock shows the buy signal. See more of ORICA LTD. 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.