Moderately bullish activity in Occidental Petroleum (OXY), with shares up 48c, or 1.14%, near $43.20. Options volume roughly in line with average with 40k contracts traded and calls leading puts for a put/call ratio of 0.29, compared to a typical level near 0.65. Implied volatility (IV30) is higher by 0.8 points near 30.72,and below the 52wk median, suggesting an expected daily move of $0.84. Put-call skew flattened, suggesting a modestly bullish tone.
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