Our Hot Money monitor triggered a bullish alert in Occidental Petroleum Corp. (OXY).
Over the last several trading sessions, I continue to see massive amounts of money positioning for prices to continue higher in the coming weeks.
Here's what I'm doing…
Buy-to-open the OXY October 29, 2021, $31/$35 call spread
At last glance, this is trading at $1.00 per spread.
Let’s manage our risk before entry and I’ll keep you updated every step of the way.
Joshua M. Belanger