Investors are anticipating a possible dividend raise from Occidental Petroleum Corp (OXY) in January, driving up stock value predictions to $50 per share. Unusual volume in $43.00 call options expiring January 16, 2026, suggests bullish sentiment, with nearly 39,000 contracts traded. The $41.46 stock price could see a significant increase.

Investors believe OXY stock could exceed $42.00 by January 16, 2026, possibly due to an upcoming dividend hike. Historical data indicates OXY typically maintains a lower dividend yield, with a potential 20.6% upside if the stock reaches a $50.00 target price. This forecast has led to increased interest in call options.

While the call options show promise, investors should be cautious as a stagnant stock price could result in a complete loss of investment. Selling short out-of-the-money put options may offer a safer alternative, with the potential to earn a yield. Shorting puts at various exercise prices could offset investments in call options for a balanced strategy.

Read more at Barchart: Unusual Activity in Occidental Petroleum Call Options