OXY Stock Surge: Analysts Predict Dividend Hike
Update: 2025-12-31
Description
Occidental Petroleums OXY stock is surging on Wall Street, with traders betting on a dividend hike to $1 per share. Analysts predict a 20.6% jump to $50 per share, driving call options trading volume to record highs. Investors are piling in, with nearly 40,000 contracts of $43 calls traded, a 130x increase in open interest. However, theres risk involved, as these out-of-the-money calls could go to zero if the stock stalls. Checkout Solipillow.com
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