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Jul 31, 2022 3:49 AM

OXY Occidental Petroleum Options Ahead Of Earnings Long

Occidental Petroleum CorporationNYSE

Description

Looking at the OXY Occidental Petroleum options chain, i would buy the $75 calls with
2022-10-21 expiration date for about
$3.10 premium.

Looking forward to read your opinion about it.


Comments
AwesomeAvani
I agree with the idea of selling options before earnings. My approach is to buy options with a mid-November
expiration to avoid the time decay of a shorter expiration and selling near expiration but before earnings.
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