Check Out What Whales Are Doing With OXY
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Occidental Petroleum (NYSE:OXY) by a large investor or institution, as evidenced by unusual options activity. The sentiment among these big-money traders is split 60% bullish and 40% bearish. The whales have been targeting a price range from $60.0 to $75.0 for Occidental Petroleum over the last 3 months. Several financial institutions have maintained their ratings on OXY, with price targets ranging from $60 to $80.

August 14, 2023 | 4:01 pm
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Occidental Petroleum has seen significant options activity, indicating a bullish stance by a large investor or institution. The price targets set by various financial institutions range from $60 to $80.
The unusual options activity indicates that a large investor or institution is taking a bullish stance on OXY. This, combined with the maintained ratings and price targets set by various financial institutions, suggests a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100