A Closer Look at Occidental Petroleum's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
Investors have taken a bullish stance on Occidental Petroleum (NYSE:OXY) as Benzinga's options scanner detected 8 uncommon options trades. The sentiment is split with 50% bullish and 25% bearish. The price range eyed by big players is between $60.0 to $75.0. Analysts have mixed ratings with an average target price of $69.8.
May 30, 2024 | 8:46 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Occidental Petroleum (NYSE:OXY) has seen significant options activity with 8 uncommon trades detected. The sentiment is mixed but leans bullish. Analysts have mixed ratings with an average target price of $69.8.
The detection of 8 uncommon options trades with a mixed but overall bullish sentiment suggests that investors are expecting positive movement in OXY's stock price. The average analyst target price of $69.8 also supports a potential upward trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100