Options traders are known as either the smartest of the bunch out there or the most willing to take on increased risks. When someone buys an option – particularly a call option – that person is betting on the direction of a particular stock and the timing upon which that stock will reach a specific price. Getting any of these two factors wrong could mean a 100% loss of principal.Occidental Petroleum TodayOXYOccidental Petroleum$60.30 -0.31 (-0.51%) 52-Week Range$55.12▼$71.18Dividend Yield1.46%P/E Ratio16.47 ...