Bullish option flow detected in Occidental (OXY) Petroleum with 29,184 calls trading, 2x expected, and implied vol increasing over 2 points to 38.78%. Mar-26 60 calls and Mar-26 61 calls are the most active options, with total volume in those strikes near 10,300 contracts. The Put/Call Ratio is 0.38. Earnings are expected on May 6th.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OXY:
- Occidental price target raised to $64 from $50 at Raymond James
- Occidental price target raised to $72 from $67 at Mizuho
- Mixed options sentiment in Occidental Petroleum with shares down 0.85%
- Occidental price target raised to $59 from $55 at Barclays
- Occidental Petroleum Stock (OXY) Gains on Wells Fargo’s Double Upgrade