Occidental Petroleum Corporation
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OXY big breakdown !!!

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$27 puts expiration 8-20 a price target $22!!!!! Big breakdown on the Ichimoku plus we have parabolic SARS appearing bearish. We have MACD crossover and sitting below the 200ma. Can’t have very much more stacked in your favor. If your on a budget $25 puts for 8-20 are only around $90. If u want to go even cheaper u can try selling the $22 put for 8-20 while buying the $25 put for 8-20. Cost around $60 per contract and caps ur max profit at $240. Not financial advice this is purely for fun.

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