Deep-pocketed investors have adopted a bearish approach towards Occidental Petroleum (NYSE:OXY), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in OXY usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Occidental Petroleum. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 27% leaning bullish and 63% bearish. Among these notable options, 8 are puts, totaling $1,043,223, and 3 are calls, amounting to $127,260.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $50.0 to $68.0 for Occidental Petroleum over the last 3 months.
Volume & Open Interest Development
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Occidental Petroleum's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Occidental Petroleum's significant trades, within a strike price range of $50.0 to $68.0, over the past month.
Occidental Petroleum Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|
OXY | PUT | SWEEP | BEARISH | 08/09/24 | $5.9 | $4.15 | $5.78 | $68.00 | $461.4K | 0 | 889 |
OXY | PUT | TRADE | BEARISH | 08/09/24 | $5.7 | $5.6 | $5.68 | $68.00 | $180.0K | 0 | 360 |
OXY | PUT | SWEEP | BEARISH | 08/09/24 | $5.7 | $5.3 | $5.57 | $68.00 | $155.9K | 0 | 36 |
OXY | PUT | SWEEP | BEARISH | 01/17/25 | $1.45 | $1.3 | $1.3 | $55.00 | $65.0K | 22.0K | 1 |
OXY | CALL | SWEEP | BEARISH | 12/20/24 | $6.05 | $5.95 | $5.95 | $60.00 | $64.2K | 548 | 15 |
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.
After a thorough review of the options trading surrounding Occidental Petroleum, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Occidental Petroleum
Trading volume stands at 4,062,519, with OXY's price down by -0.06%, positioned at $62.32.
RSI indicators show the stock to be may be approaching overbought.
Earnings announcement expected in 28 days.
Expert Opinions on Occidental Petroleum
Over the past month, 1 industry analysts have shared their insights on this stock, proposing an average target price of $69.0.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
深口袋的投資者對Occidental Petroleum (NYSE:OXY) 採取了看淡的態度,市場參與者不應忽視這一點。我們在Benzinga跟蹤了公共期權記錄,今天發現了這一重大舉動。這些投資者的身份尚未公開,但OXY如此重大的舉措通常意味着有大事將發生。
我們從觀察中得出了這個信息,當Benzinga的期權掃描器突出顯示Occidental Petroleum的11項非凡期權活動時,這個程度的活動是不尋常的。
這些重量級投資者中的普遍情緒是分裂的,27%看好,63%看淡。在這些引人注目的期權中,有8個看跌期權,總計1,043,223美元,3個看漲期權,總計127,260美元。
價格目標是什麼?
考慮到這些合約的成交量和未平倉合約數量,過去3個月內龐鼎(whales)已將Occidental Petroleum的目標價區間定在50.0到68.0美元之間。
成交量和持倉量的評估是期權交易中的一個關鍵步驟。這些指標揭示了阿里巴巴集團(Alibaba Gr Hldgs)特定執行價格期權的流動性和投資者興趣。下面的數據可視化了在過去30天內,阿里巴巴集團(Alibaba Gr Hldgs)在執行價格在74.0美元到120.0美元區間內的看漲看跌期權中,成交量和持倉量的波動情況。
審視成交量和未平倉合約數量,可以爲股票研究提供關鍵見解。這些信息對於衡量Occidental Petroleum的某些行權價的期權的流動性和興趣水平至關重要。以下是Occidental Petroleum的重大交易在行權價區間爲50.0到68.0美元之間看跌和看漲期權的成交量和未平倉合約數量趨勢快照,在過去一個月內。
Occidental Petroleum 期權活動分析:過去30天
檢測到重大期權交易:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|
OXY | PUT | SWEEP | BEARISH | 08/09/24 | $5.9 | $4.15 | $5.78 | $68.00 | $461.4K | 0 | 889 |
OXY | PUT | TRADE | BEARISH | 08/09/24 | $5.7 | $5.6 | $5.68 | $68.00 | $180.0K | 0 | 360 |
OXY | PUT | SWEEP | BEARISH | 08/09/24 | $5.7 | $5.3 | $5.57 | $68.00 | $155.9K | 0 | 36 |
OXY | PUT | SWEEP | BEARISH | 01/17/25 | $1.45 | $1.3 | $1.3 | $55.00 | $65.0K | 22.0K | 1 |
OXY | CALL | SWEEP | BEARISH | 12/20/24 | $6.05 | $5.95 | $5.95 | $60.00 | $64.2K | 548 | 15 |
關於西方石油
西方石油是一家獨立的勘探和生產公司,其業務遍佈美國、拉丁美洲和中東。截至2023年底,該公司報告的淨探明儲量近40億桶油當量。2023年,淨產量平均每天爲1234萬桶油當量,油和天然氣液體之比約爲50%,天然氣比例約爲50%。
在對Occidental Petroleum周圍的期權交易進行徹底的審查之後,我們開始更詳細地審查該公司。這包括對其當前的市場地位和表現的評估。
Occidental Petroleum 的現在市場地位
西方石油的專家意見
過去一個月,有1位行業分析師分享了他們對這隻股票的見解,建議平均目標價爲69.0美元。
期權與僅交易股票相比是一種更具風險的資產,但它們具有更高的利潤潛力。認真的期權交易者通過每日學習,進出交易,跟隨多個指標並密切關注市場來管理這種風險。