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.
有大量資金可以花的投資者對西方石油公司(紐約證券交易所代碼:OXY)採取了看跌立場。
零售交易者應該知道。
今天,當交易出現在我們在本辛加追蹤的公開期權歷史記錄上時,我們注意到了這一點。
無論這些是機構還是僅僅是富人,我們都不知道。但是,當 OXY 發生這麼大的事情時,通常意味着有人知道某件事即將發生。
那麼我們怎麼知道這些投資者剛才做了什麼?
今天,Benzinga的期權掃描儀發現了西方石油公司的19筆罕見期權交易。
這不正常。
這些大資金交易者的整體情緒在36%的看漲和52%的看跌之間。
在我們發現的所有特殊期權中,有兩個是看跌期權,總額爲236,718美元,17個是看漲期權,總額爲1,457,329美元。
預測的價格區間
考慮到這些合約的交易量和未平倉合約,在過去的3個月中,大戶似乎一直將西方石油的價格定在55.0美元至70.0美元之間。
交易量和未平倉合約的發展
在今天的交易背景下,西方石油期權的平均未平倉合約爲2488.0,總交易量達到14,976.00。隨附的圖表描繪了西方石油公司在過去30天內看漲期權和看跌期權交易量以及未平倉合約的變化,這些交易位於行使價走廊內,從55.0美元到70.0美元。
西方石油公司30天期權交易量和利息快照
檢測到的重要期權交易:
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 |
關於西方石油公司
西方石油公司是一家獨立的勘探和生產公司,業務遍及美國、拉丁美洲和中東。截至2023年底,該公司報告的淨探明儲量爲近40億桶石油當量。2023 年日均淨產量爲 12.4 萬桶石油當量,比例約爲 50% 的液化石油和天然氣以及 50% 的天然氣。
在分析了與西方石油相關的期權活動之後,我們將轉向仔細研究公司自身的表現。
西方石油公司目前的市場地位
交易期權涉及更大的風險,但也提供了獲得更高利潤的可能性。精明的交易者通過持續的教育、戰略交易調整、利用各種指標以及隨時關注市場動態來降低這些風險。使用Benzinga Pro了解西方石油公司的最新期權交易情況,獲取實時警報。