Bearish flow noted in Occidental (OXY) Petroleum with 13,493 puts trading, or 3x expected. Most active are Sep-25 40 puts and 8/8 weekly 44 calls, with total volume in those strikes near 11,200 contracts. The Put/Call Ratio is 1.55, while ATM IV is up over 1 point on the day. Earnings are expected on November 10th.
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