Okay, so some really big people who know a lot about money think that a company called Occidental Petroleum will do something interesting soon. They are betting their money on this by buying options, which are like special tickets to buy or sell the company's stock at a certain price in the future. The article says that these big people have different opinions about whether the company's stock will go up or down, but they all think it won't stay where it is now. They also think the stock might be worth between $30 and $70 in the near future. This information can help smaller investors decide if they want to buy or sell Occidental Petroleum too, because it shows that something important is happening with the company. Read from source...

1. The headline of the article is misleading, as it implies that the options market provides some definite information about Occidental Petroleum (OXY), when in fact, it only reports on certain trades and sentiments among high-rolling investors. A more accurate headline could be "What Some Investors Are Betting On OXY Options Market".
2. The article assumes that privileged information is the reason behind the significant move in OXY options, without providing any evidence or explaining how such information could be obtained or used illegally. This assumption is based on hearsay and speculation, rather than facts or logic. A more cautious statement would be "It is unclear whether these traders have access to privileged information".
3. The article presents a split sentiment among the major traders, without considering other factors that could influence their decisions, such as risk appetite, portfolio diversification, market trends, or technical indicators. This oversimplifies the complexity of investment strategies and ignores possible contradictions or inconsistencies within the data. A more balanced analysis would include these alternative explanations.
4. The article uses vague terms like "whales" and "significant move" to quantify the size and impact of the options trades, without providing any reference points or benchmarks. This makes it hard for readers to understand the scale and importance of the reported activity. A more transparent approach would be to define these terms or provide some comparative numbers, such as the average daily volume or open interest for OXY options.
5. The article relies on volume and open interest data to estimate a predicted price range for OXY, without accounting for other factors that could affect the stock's valuation, such as earnings, dividends, growth, or volatility. This is an oversimplified and potentially inaccurate way of forecasting the stock's performance, as it ignores many relevant variables and assumptions. A more rigorous method would involve using multiple indicators and models to derive a range of possible outcomes, rather than a single projection.

- Positive

1. Buy OXY calls at a strike price of $35 for April expiration, as this is within the predicted price range and has high open interest among whales. This will give you a target profit of 20% if OXY reaches $42 by expiration date. The risk is about 10% if the stock drops to $30 before expiration.
2. Sell OXY puts at a strike price of $55 for April expiration, as this will generate income and limit your downside exposure in case of a market decline or unexpected news. The risk is about 5% if the stock stays above $55 until expiration.