Occidental Petroleum Corporation (NYSE:OXY) shares are trading higher by 4.9% at $33.20 after Truist Securities upgraded the stock from Hold to Buy and announced a $50 price target.
Some energy stocks have also been volatile as oil prices increase on higher demand levels as some economies recover from the COVID-19 pandemic.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America and the Middle East. At the end of 2020, the company reported net proved reserves of 2.9 billion barrels of oil equivalent.
Occidental Petroleum has a 52-week high of $34.57 and a 52-week low of $8.52.