Mixed options sentiment in Occidental Petroleum (OXY), with shares up $1.07, or 2.49%, near $44.23. Options volume roughly in line with average with 28k contracts traded and calls leading puts for a put/call ratio of 0.22, compared to a typical level near 0.56. Implied volatility (IV30) dropped 0.59 near 32.97,and above the 52wk median, suggesting an expected daily move of $0.92. Put-call skew flattened, suggesting a modestly bullish tone.
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Read More on OXY:
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