Oracle's Sun integration got off to a fast start, as the company on Thursday reported an 18% sales increase from the year-ago quarter."The Sun integration is going even better than we expected," Oracle President Safra Catz said in a prepared statement.

As oil sold off over 6% Tuesday, I was searching for some companies to buy on the dip. I decided to look at opening the position with the buy/write option strategy, as this would give me a return if oil rallies, as well as protect my position to the downside if oil continued to slide. As recently stated on OptionMaestro.com, I believed oil would peak in early to mid July.