Occidental Petroleum call volume above normal and directionally bullish
The Fly

Occidental Petroleum call volume above normal and directionally bullish

Bullish option flow detected in Occidental Petroleum with 39,570 calls trading, 1.5x expected, and implied vol increasing almost 2 points to 27.27%. Sep-24 50 puts and Oct-24 52.5 calls are the most active options, with total volume in those strikes near 9,000 contracts. The Put/Call Ratio is 0.35. Earnings are expected on November 11th.

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