Trade of the Day: Buy Call Options on Occidental Petroleum (OXY) Stock Before Nov. 5
OXY(OXY) Investor Place·2024-07-18 20:44
Occidental Petroleum (NYSE:OXY) has been swinging higher in recent sessions, likely on political catalysts. With former President Donald Trump enjoying strong reelection momentum, his pro-fossil-fuel stance may lift OXY stock. Because of this, it might make sense for speculators to consider November expiry call options.While it’s difficult to predict what “The Donald” would do in a possible second term, his own words provide a picture of intent. According to The New York Times, Trump has promised to turn ba ...