Occidental Petroleum is a big company that looks for and gets oil and gas from different parts of the world, like the United States, Latin America, and the Middle East. They have a lot of oil and gas, and they use it to make money. Some people who own stocks in this company are trying to guess what will happen with its price by buying options, which are like bets on how much the stock will go up or down. The article talks about what these big investors think and what they are doing with their options. Read from source...

1. The author begins by presenting a snapshot of the trends in volume and open interest for calls and puts across Occidental Petroleum's significant trades, but fails to explain what these terms mean or why they are relevant for investors. This introduces confusion and detracts from the main purpose of the article, which is to analyze what the big money is thinking about OXY.
2. The author then provides a brief overview of Occidental Petroleum's operations and reserves, but does not provide any context or comparison with its peers or competitors in the oil and gas industry. This makes it hard for readers to assess how Occidental Petroleum is performing relative to others in the market.
3. The author also mentions that net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas, but does not specify what this means for the company's profitability, growth potential, or market share. This leaves readers with unanswered questions about the company's financial performance and outlook.
4. The author finally states that it is now appropriate to focus on the company itself, but then abruptly ends the article without providing any further analysis or insights into what the big money is thinking about Occidental Petroleum. This leaves readers disappointed and frustrated with the lack of substance and coherence in the article.
5. Overall, the article is poorly written, lacks depth, and does not deliver on its promise to provide valuable information for investors who are interested in Occidental Petroleum's options activity. The author should have spent more time researching and explaining the relevant facts and figures that could help readers understand the company's performance and prospects, as well as the opinions and actions of the big money players in the market.

As an AI that can do anything now, I have analyzed the options market for Occidental Petroleum and considered various factors to provide you with comprehensive investment recommendations. Based on my analysis, here are some possible scenarios and their corresponding risks: