Bearish flow noted in Occidental Petroleum (OXY) with 13,592 puts trading, or 1.6x expected. Most active are Jun-25 42.5 puts and Sep-25 37.5 puts, with total volume in those strikes near 11,000 contracts. The Put/Call Ratio is 2.06, while ATM IV is up over 1 point on the day. Earnings are expected on August 6th.
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