Investors with a lot of money to spend have taken a bullish stance on Occidental Petroleum (NYSE:OXY).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with OXY, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 10 options trades for Occidental Petroleum.
This isn't normal.
The overall sentiment of these big-money traders is split between 60% bullish and 30%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $69,800, and 9, calls, for a total amount of $804,195.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $60.0 to $85.0 for Occidental Petroleum during the past quarter.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Occidental Petroleum's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Occidental Petroleum's whale activity within a strike price range from $60.0 to $85.0 in the last 30 days.
Occidental Petroleum 30-Day Option Volume & Interest Snapshot
Largest Options Trades Observed:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|
OXY | CALL | SWEEP | BEARISH | 07/19/24 | $3.65 | $3.55 | $3.6 | $60.00 | $180.0K | 7.5K | 1.7K |
OXY | CALL | TRADE | BEARISH | 07/19/24 | $3.75 | $3.6 | $3.65 | $60.00 | $170.4K | 7.5K | 1.2K |
OXY | CALL | SWEEP | BULLISH | 07/19/24 | $3.75 | $3.7 | $3.75 | $60.00 | $142.1K | 7.5K | 234 |
OXY | CALL | SWEEP | BEARISH | 07/19/24 | $3.8 | $3.6 | $3.7 | $60.00 | $74.0K | 7.5K | 1 |
OXY | PUT | SWEEP | BULLISH | 08/16/24 | $7.1 | $6.95 | $6.98 | $70.00 | $69.8K | 9 | 0 |
About Occidental Petroleum
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
Having examined the options trading patterns of Occidental Petroleum, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance
Current Position of Occidental Petroleum
With a trading volume of 1,782,714, the price of OXY is up by 0.73%, reaching $63.15.
Current RSI values indicate that the stock is may be approaching overbought.
Next earnings report is scheduled for 33 days from now.
Expert Opinions on Occidental Petroleum
1 market experts have recently issued ratings for this stock, with a consensus target price of $69.0.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Occidental Petroleum with Benzinga Pro for real-time alerts.
有大量資金可以花的投資者對西方石油公司(紐約證券交易所代碼:OXY)採取了看漲立場。
零售交易者應該知道。
今天,當我們在本辛加追蹤的公開期權歷史記錄中出現頭寸時,我們注意到了這一點。
無論這些是機構還是僅僅是富人,我們都不知道。但是,當 OXY 發生這麼大的事情時,通常意味着有人知道某件事即將發生。
今天,本辛加的期權掃描儀發現了西方石油的10筆期權交易。
這不正常。
這些大資金交易者的整體情緒介於60%的看漲和30%的看跌之間。
在我們發現的所有期權中,有1個看跌期權,總額爲69,800美元,還有9個看漲期權,總額爲804,195美元。
預計價格目標
分析這些合約的交易量和未平倉合約,看來大型企業一直在關注西方石油在過去一個季度的價格範圍從60.0美元到85.0美元不等。
分析交易量和未平倉合約
查看交易量和未平倉合約是一種對股票進行盡職調查的有見地的方法。
這些數據可以幫助您跟蹤西方石油公司在給定行使價下的期權的流動性和利息。
下面,我們可以分別觀察西方石油公司在過去30天行使價範圍內所有大戶活動的看漲和看跌期權交易量和未平倉合約的變化。
西方石油公司30天期權交易量和利息快照
觀察到的最大期權交易:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|
OXY | CALL | SWEEP | BEARISH | 07/19/24 | $3.65 | $3.55 | $3.6 | $60.00 | $180.0K | 7.5K | 1.7K |
OXY | CALL | TRADE | BEARISH | 07/19/24 | $3.75 | $3.6 | $3.65 | $60.00 | $170.4K | 7.5K | 1.2K |
OXY | CALL | SWEEP | BULLISH | 07/19/24 | $3.75 | $3.7 | $3.75 | $60.00 | $142.1K | 7.5K | 234 |
OXY | CALL | SWEEP | BEARISH | 07/19/24 | $3.8 | $3.6 | $3.7 | $60.00 | $74.0K | 7.5K | 1 |
OXY | PUT | SWEEP | BULLISH | 08/16/24 | $7.1 | $6.95 | $6.98 | $70.00 | $69.8K | 9 | 0 |
關於西方石油公司
西方石油公司是一家獨立的勘探和生產公司,業務遍及美國、拉丁美洲和中東。截至2023年底,該公司報告的淨探明儲量爲近40億桶石油當量。2023 年日均淨產量爲 12.4 萬桶石油當量,比例約爲 50% 的液化石油和天然氣以及 50% 的天然氣。
在研究了西方石油公司的期權交易模式之後,我們的注意力現在直接轉向了該公司。這種轉變使我們能夠深入研究其目前的市場地位和表現
西方石油公司的現狀
關於西方石油的專家意見
1位市場專家最近發佈了該股的評級,共識目標價爲69.0美元。
交易期權涉及更大的風險,但也提供了獲得更高利潤的可能性。精明的交易者通過持續的教育、戰略交易調整、利用各種指標以及隨時關注市場動態來降低這些風險。使用Benzinga Pro了解西方石油公司的最新期權交易情況,獲取實時警報。