Bullish option flow detected in Occidental Petroleum with 21,234 calls trading, 1.4x expected, and implied vol increasing over 1 point to 26.23%. 4/12 weekly 70 calls and Apr-24 69 calls are the most active options, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 0.33. Earnings are expected on May 7th.
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