Mixed options sentiment in Occidental Petroleum with shares down 4.6%

Mixed options sentiment in Occidental Petroleum (OXY), with shares down $2.99 near $62.01. Options volume running well above average with 47k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.28. Implied volatility (IV30) dropped 1.44 near 41.17,in the top quartile of the past year, suggesting an expected daily move of $1.61. Put-call skew flattened, suggesting a modestly bullish tone.