Check Out What Whales Are Doing With OXY
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Occidental Petroleum (NYSE:OXY), with Benzinga's options scanner spotting 12 uncommon options trades. The sentiment of these big-money traders is split 50% bullish and 50% bearish. Whales have been targeting a price range of $52.5 to $65.0 for Occidental Petroleum over the last 3 months.
May 22, 2023 | 8:16 pm
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A large investor has taken a bullish stance on Occidental Petroleum (NYSE:OXY), with 12 uncommon options trades spotted. Whales have been targeting a price range of $52.5 to $65.0 for Occidental Petroleum over the last 3 months.
The large investor's bullish stance on Occidental Petroleum indicates that they believe the stock price will increase in the short term. The fact that whales have been targeting a price range of $52.5 to $65.0 for Occidental Petroleum over the last 3 months suggests that there is significant interest in the stock, which could lead to increased demand and a higher stock price.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100