Investors with a lot of money to spend have taken a bearish stance on Occidental Petroleum (NYSE:OXY).
And retail traders should know.
We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with OXY, it often means somebody knows something is about to happen.
So how do we know what these investors just did?
Today, Benzinga's options scanner spotted 19 uncommon options trades for Occidental Petroleum.
This isn't normal.
The overall sentiment of these big-money traders is split between 36% bullish and 52%, bearish.
Out of all of the special options we uncovered, 2 are puts, for a total amount of $236,718, and 17 are calls, for a total amount of $1,457,329.
Predicted Price Range
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $55.0 to $70.0 for Occidental Petroleum over the last 3 months.
Volume & Open Interest Development
In today's trading context, the average open interest for options of Occidental Petroleum stands at 2488.0, with a total volume reaching 14,976.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Occidental Petroleum, situated within the strike price corridor from $55.0 to $70.0, throughout the last 30 days.
Occidental Petroleum 30-Day Option Volume & Interest Snapshot
Significant Options Trades Detected:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|
OXY | CALL | SWEEP | BEARISH | 01/17/25 | $3.35 | $3.3 | $3.35 | $65.00 | $507.3K | 4.5K | 1.9K |
OXY | PUT | TRADE | NEUTRAL | 08/16/24 | $3.55 | $3.45 | $3.5 | $65.00 | $210.0K | 3.7K | 23 |
OXY | CALL | SWEEP | BEARISH | 06/20/25 | $10.85 | $10.3 | $10.2 | $55.00 | $203.2K | 838 | 5 |
OXY | CALL | SWEEP | BULLISH | 01/17/25 | $3.7 | $3.5 | $3.65 | $65.00 | $183.5K | 4.5K | 2 |
OXY | CALL | SWEEP | BEARISH | 01/17/25 | $3.45 | $3.35 | $3.35 | $65.00 | $88.4K | 4.5K | 1.9K |
About Occidental Petroleum
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.
Following our analysis of the options activities associated with Occidental Petroleum, we pivot to a closer look at the company's own performance.
Occidental Petroleum's Current Market Status
- Currently trading with a volume of 5,214,435, the OXY's price is down by -1.31%, now at $62.3.
- RSI readings suggest the stock is currently may be approaching oversold.
- Anticipated earnings release is in 16 days.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Occidental Petroleum with Benzinga Pro for real-time alerts.
有大量资金可以花的投资者对西方石油公司(纽约证券交易所代码:OXY)采取了看跌立场。
零售交易者应该知道。
今天,当交易出现在我们在本辛加追踪的公开期权历史记录上时,我们注意到了这一点。
无论这些是机构还是仅仅是富人,我们都不知道。但是,当 OXY 发生这么大的事情时,通常意味着有人知道某件事即将发生。
那么我们怎么知道这些投资者刚才做了什么?
今天,Benzinga的期权扫描仪发现了西方石油公司的19笔罕见期权交易。
这不正常。
这些大资金交易者的整体情绪在36%的看涨和52%的看跌之间。
在我们发现的所有特殊期权中,有两个是看跌期权,总额为236,718美元,17个是看涨期权,总额为1,457,329美元。
预测的价格区间
考虑到这些合约的交易量和未平仓合约,在过去的3个月中,大户似乎一直将西方石油的价格定在55.0美元至70.0美元之间。
交易量和未平仓合约的发展
在今天的交易背景下,西方石油期权的平均未平仓合约为2488.0,总交易量达到14,976.00。随附的图表描绘了西方石油公司在过去30天内看涨期权和看跌期权交易量以及未平仓合约的变化,这些交易位于行使价走廊内,从55.0美元到70.0美元。
西方石油公司30天期权交易量和利息快照
检测到的重要期权交易:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|
OXY | CALL | SWEEP | BEARISH | 01/17/25 | $3.35 | $3.3 | $3.35 | $65.00 | $507.3K | 4.5K | 1.9K |
OXY | PUT | TRADE | NEUTRAL | 08/16/24 | $3.55 | $3.45 | $3.5 | $65.00 | $210.0K | 3.7K | 23 |
OXY | CALL | SWEEP | BEARISH | 06/20/25 | $10.85 | $10.3 | $10.2 | $55.00 | $203.2K | 838 | 5 |
OXY | CALL | SWEEP | BULLISH | 01/17/25 | $3.7 | $3.5 | $3.65 | $65.00 | $183.5K | 4.5K | 2 |
OXY | CALL | SWEEP | BEARISH | 01/17/25 | $3.45 | $3.35 | $3.35 | $65.00 | $88.4K | 4.5K | 1.9K |
关于西方石油公司
西方石油公司是一家独立的勘探和生产公司,业务遍及美国、拉丁美洲和中东。截至2023年底,该公司报告的净探明储量为近40亿桶石油当量。2023 年日均净产量为 12.4 万桶石油当量,比例约为 50% 的液化石油和天然气以及 50% 的天然气。
在分析了与西方石油相关的期权活动之后,我们将转向仔细研究公司自身的表现。
西方石油公司目前的市场地位
交易期权涉及更大的风险,但也提供了获得更高利润的可能性。精明的交易者通过持续的教育、战略交易调整、利用各种指标以及随时关注市场动态来降低这些风险。使用Benzinga Pro了解西方石油公司的最新期权交易情况,获取实时警报。