0.00Open0.00Pre Close0 Volume0 Open Interest66.00Strike Price0.00Turnover7807.61%IV-27.09%PremiumNov 22, 2024Expiry Date14.07Intrinsic Value100Multiplier0DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type-0.8933Delta0.0197Gamma3.59Leverage Ratio-433.0285Theta0.0000Rho-3.20Eff Leverage0.0002Vega
Occidental Petroleum Stock Discussion
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The $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ has demonstrated strong gains this year, but November has seen mixed momentum: November 1–8: The index surpass past 6,000 (ATH: 6017🥳🥳🥳), supported by solid earnings reports, improved consumer sentiment, and optimism about future Federal reserve rate cuts. November 11–17: The $S&P 500 Index (.SPX.US)$ $SPDR S&P 500 ETF (SPY.US)$ retreated...
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...
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