Options volume is running well above average, with 82k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.84. Implied volatility (IV30) dropped 3.07 to 31.14,above the median, suggesting an expected daily move of $0.86. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OXY:
- Occidental Petroleum’s Earnings Call Highlights Operational Success
- Occidental Petroleum price target lowered to $47 from $52 at JPMorgan
- Occidental Petroleum Reports Strong Q1 2025 Earnings
- Occidental Petroleum: Hold Rating Amid Strategic Spending Cuts and Cautious Oil Price Outlook
- Mixed options sentiment in Occidental Petroleum (OXY), with shares up $2.44 (+6.24%) near $41.45.