4.35Open4.45Pre Close76 Volume91 Open Interest46.00Strike Price34.19KTurnover7895.78%IV1.06%PremiumNov 15, 2024Expiry Date3.97Intrinsic Value100Multiplier-1DDays to Expiry0.53Extrinsic Value100Contract SizeAmericanOptions Type0.8464Delta0.0571Gamma11.90Leverage Ratio-1213.8419Theta0.0000Rho10.07Eff Leverage0.0001Vega
Occidental Petroleum Stock Discussion
1. Depressing oil price due to unfavorable economy forecast around the world esp China
2. Oversupply will be exacerbated with peace deals being hammered out after Trump’s inauguration + more “drill-baby-drill” activities
3. Strong USD rally in short to mid term likely to depress most commodities prices including oil...
What the heck
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