Occidental Petroleum is a big company that explores and produces oil and gas. Some big money investors are making lots of trades and options for this company. The article talks about what these investors are doing, how they are betting on the price of the company's stocks, and what it could mean for the future of Occidental Petroleum. The article also provides some information about what experts think about the company and its stock price. Read from source...

all the things that make a great article. The article is full of life, kicking and screaming at different points, contradicting itself at times, but ultimately driving home the point that Occidental Petroleum options trading is worth paying attention to. It is quite clear, even to someone with no prior knowledge of the subject, that something significant is happening with OXY. The various stakeholders, from wealthy individuals to large institutions, seem to know something that the rest of us don't. And that, dear readers, is what makes this article a must-read.

Bearish

Reason: The article discusses Occidental Petroleum options trading and indicates that big money investors have taken a bearish stance on the company. The overall sentiment of these big money traders is split between 50% bullish and 45% bearish. Furthermore, the options activities associated with Occidental Petroleum may indicate potential downside.

Occidental Petroleum has been experiencing a fluctuating market sentiment. Though 50% of the big money traders are bullish, the other 45% are bearish. Occidental Petroleum options trading activity suggests a potential price window of $47.5 to 65.0 within the next quarter. Occidental Petroleum, an independent exploration and production company, has operations in the US, Latin America, and the Middle East. Its net proved reserves amount to nearly 4 billion barrels of oil equivalent, with an average daily net production of 1,234 thousand barrels of oil equivalent. The stock is currently oversold, and the next earnings report is scheduled in 77 days. Experts have set an average price target of $68.6. However, the options trading activity does carry risks. Options are a more complex and risky asset than just trading the stock, and traders should proceed with caution and perform due diligence before engaging in options trading. It is recommended to follow multiple indicators, scale in and out of trades, manage risk daily, and stay up-to-date with the latest options trades to ensure smart money moves are being identified.