Occidental Petroleum (NYSE:OXY) – Having a look At Occidental Petroleum’s Fresh Whale Trades

Any person with some huge cash to spend has taken a bearish stance on Occidental Petroleum OXY.

And retail investors will have to know.

We spotted this lately when the large place confirmed up on publicly to be had choices historical past that we monitor right here at Benzinga.

Whether or not that is an establishment or only a rich person, we do not know. But if one thing this massive occurs with OXY, it ceaselessly way anyone is aware of one thing is set to occur.

So how do we all know what this whale simply did?

These days, Benzinga‘s choices scanner noticed 10 unusual choices trades for Occidental Petroleum.

This is not commonplace.

The total sentiment of those big-money investors is divided between 20% bullish and 80%, bearish.

Out of the entire particular choices we exposed, 5 are places, for a complete quantity of $403,040, and 5 are calls, for a complete quantity of $182,210.

What is The Value Goal?

Making an allowance for the Quantity and Open Hobby on those contracts, apparently that whales were focused on a worth vary from $20.0 to $70.0 for Occidental Petroleum over the past 3 months.

Quantity & Open Hobby Construction

With regards to liquidity and passion, the imply open passion for Occidental Petroleum choices trades lately is 6410.0 with a complete quantity of two,170.00.

Within the following chart, we’re ready to observe the improvement of quantity and open passion of name and put choices for Occidental Petroleum’s massive cash trades inside a strike worth vary of $20.0 to $70.0 over the past 30 days.

Occidental Petroleum Possibility Quantity And Open Hobby Over Remaining 30 Days

Greatest Choices Noticed:

Image PUT/CALL Industry Kind Sentiment Exp. Date Strike Value Overall Industry Value Open Hobby Quantity
OXY PUT SWEEP BEARISH 09/30/22 $66.00 $182.5K 631 330
OXY PUT SWEEP BULLISH 01/20/23 $57.50 $93.9K 4.6K 200
OXY PUT TRADE BEARISH 10/21/22 $60.00 $50.0K 8.9K 205
OXY PUT TRADE BEARISH 01/20/23 $50.00 $45.9K 11.7K 200
OXY CALL TRADE BEARISH 09/16/22 $70.00 $45.0K 13.8K 1.0K
Image PUT/CALL Industry Kind Sentiment Exp. Date Strike Value Overall Industry Value Open Hobby Quantity
OXY PUT SWEEP BEARISH 09/30/22 $66.00 $182.5K 631 330
OXY PUT SWEEP BULLISH 01/20/23 $57.50 $93.9K 4.6K 200
OXY PUT TRADE BEARISH 10/21/22 $60.00 $50.0K 8.9K 205
OXY PUT TRADE BEARISH 01/20/23 $50.00 $45.9K 11.7K 200
OXY CALL TRADE BEARISH 09/16/22 $70.00 $45.0K 13.8K 1.0K

The place Is Occidental Petroleum Status Proper Now?

  • With a quantity of four,554,305, the cost of OXY is up 0.42% at $64.88.
  • RSI signs trace that the underlying inventory is recently impartial between overbought and oversold.
  • Subsequent profits are anticipated to be launched in 55 days.

Choices are a riskier asset in comparison to simply buying and selling the inventory, however they have got upper benefit possible. Severe choices investors set up this chance by way of instructing themselves day by day, scaling out and in of trades, following a couple of indicator, and following the markets intently.

If you wish to keep up to date on the most recent choices trades for Occidental Petroleum, Benzinga Professional will give you real-time choices trades signals.

Leave a Comment