A Closer Look at Occidental Petroleum's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Occidental Petroleum (NYSE:OXY) with significant options activity. The majority of these investors are leaning bullish, with a price target range of $62.5 to $70.0. Analysts have mixed ratings, with price targets ranging from $68 to $81.
May 20, 2024 | 4:30 pm
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Occidental Petroleum (NYSE:OXY) has seen significant bullish options activity, with a price target range of $62.5 to $70.0. Analysts have mixed ratings, with price targets ranging from $68 to $81.
The significant bullish options activity suggests that investors are expecting a positive movement in OXY's stock price. The mixed analyst ratings with a higher average price target also support a potential upward trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100