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$OXY is facing a lot of negative pressure with an imbalance of -357 K. Learn more about net option delta
Something to keep an eye on: Mostly large institutional traders are showing a short build up in $OXY. Net option volume delta is -318 K!
I noticed a lot of bearish pressure coming from the options market on $OXY. Check out this order imbalance! -670 K option volume delta. What is option volume delta?
Unusual Option Volume

OXY Occidental Petroleum70.55+1.29 (+1.9%)

Occidental Petroleum trades 53,013 contracts. OXY will report earnings on May 7, 2024.

Bullish play with a target stock price of $75

Strategy has +542% upside potential and 45% undervalued

Unusual Option Volume

OXY Occidental Petroleum68.33-0.92 (-1.3%)

Occidental Petroleum trades 51,248 contracts. OXY will report earnings on May 7, 2024.