Occidental Petroleum call volume above normal and directionally bullish
The Fly

Occidental Petroleum call volume above normal and directionally bullish

Bullish option flow detected in Occidental Petroleum with 19,594 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 24.64%. 1/12 weekly 60 calls and 1/5 weekly 61 calls are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.51. Earnings are expected on February 26th.

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