Financial analysts have observed a bullish trend in Occidental Petroleum's (NYSE:OXY) options market, with 68% of traders showing bullish sentiment. The analysis highlighted 22 unusual trades, with a focus on a price target range of $55.0 to $75.0. Notable options activity includes both calls and puts with significant trade prices and varying expiration dates. Occidental Petroleum, an independent exploration and production company, reported net proved reserves of nearly 4.0 billion barrels and an average production of 1,234 thousand barrels per day in 2023. The company's stock is currently trading at $62.93, with a volume of 2,180,102 and an RSI suggesting it may be overbought.