tiprankstipranks
Advertisement
Advertisement

Mixed options sentiment in Occidental Petroleum with shares down 1.55%

Mixed options sentiment in Occidental Petroleum (OXY), with shares down 92c near $58.84. Options volume running well above average with 91k contracts traded and calls leading puts for a put/call ratio of 0.21, compared to a typical level near 0.3. Implied volatility (IV30) dropped 3.5 near 40.65,in the top quartile of the past year, suggesting an expected daily move of $1.51. Put-call skew flattened, suggesting a modestly bullish tone.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1