Occidental Petro is down 50c to $72.40, down some 15% in the past month, and near its lowest level of the year. A notable trade in the name today is in the November $65/80 risk reversal, 4,000X, in what looks bullish (bought calls, sold puts). It might be closing as both strikes have sufficient open interest to cover.

1 user commented on " Occidental Petroleum Corporation (OXY) $72.65 -0.34% "
Follow-up comment rss or Leave a TrackbackLooks to be bear collar on 212K shares short