May. 16 at 12:50 AM
$OXY on fire lately
Post-earnings momentum is real with today’s ~5% pop
Seeing lots of same-day in-the-money call buying, showing some aggressive short-term bullish vibes
OXY has jumped ~10.6% over five sessions
But check this, 5-day options volume is only 0.3x normal
Mostly spot buyers driving this, not a flood of options demand
If you're thinking of chasing with fresh short-dated calls into Monday, watch out
Could be buying into peak momentum
Might be smarter to approach with patience or defined-risk plays
