Decoding Occidental Petroleum's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
High-rolling investors are showing a bullish sentiment on Occidental Petroleum (NYSE:OXY) through options activity, with 63% of trades being bullish. The options activity suggests a price window of $47.0 to $60.0 for OXY. Analysts have mixed ratings, with target prices ranging from $65 to $76.
August 29, 2024 | 5:16 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Occidental Petroleum (NYSE:OXY) sees significant bullish options activity, with 63% of trades being bullish. Analysts have mixed ratings, with target prices ranging from $65 to $76.
The options activity indicates a bullish sentiment among high-rolling investors, which could lead to a short-term price increase. Analysts' target prices also suggest potential upside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100