Occidental Petroleum Stock May Be at a Peak
Occidental Petroleum (OXY) inventory closed up 1.49% on Friday and has risen 23% for the reason that finish of February. Even if it is not a peak, it would make sense to promote OXY lined calls, given the excessive out-of-the-money one-month expiry OXY name premiums. OXY is at $65.32, up 23.1% from $23.08 at the…