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Occidental Petroleum call volume above normal and directionally bullish

Bullish option flow detected in Occidental Petroleum with 19,594 calls trading, 1.2x expected, and implied vol increasing almost 2 points to 24.64%. 1/12 weekly 60 calls and 1/5 weekly 61 calls are the most active options, with total volume in those strikes near 7,200 contracts. The Put/Call Ratio is 0.51. Earnings are expected on February 26th.

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