Occidental Petroleum Unusual Options Activity For August 18
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Occidental Petroleum (NYSE:OXY), with a majority of investors taking a bullish stance. The price range targeted by these investors over the last three months is between $30.0 and $70.0. The current price of OXY is up 0.98% at $63.78. Analysts from Truist Securities, Roth MKM, UBS, and Mizuho have provided their ratings and price targets for the stock.
August 18, 2023 | 3:30 pm
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Occidental Petroleum has seen unusual options activity, with a majority of investors taking a bullish stance. The stock's price is up 0.98% at $63.78. Analysts have provided various ratings and price targets.
The unusual options activity, majority of which is bullish, indicates a positive sentiment among investors. This, coupled with the stock's current upward price movement, suggests a potential short-term positive impact on the stock. However, the varied analyst ratings and price targets introduce some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100