Strong Call Options Activity Signals Bullish Market Sentiment

Investors are focusing on bullish stock options activity, with significant call options trades for Occidental Petroleum, PDD Holdings, and BP. With analysts raising price targets and high EPS forecasts, sentiment remains positive, raising potential stock price implications.

Date: 01-03-2025

AI Rating: 7

Market Sentiment Through Options Trading

Investors are paying close attention to unusual call options trading, which can signify stronger sentiment than regular stock purchases. Notably, Occidental Petroleum,PDD Holdings, and BP are noteworthy examples impacted by significant options volumes.

Occidental Petroleum: The company has seen approximately 116,673 call options bought regarding a bullish outlook for the energy sector, significantly surpassing the usual trading volume. With Warren Buffett acquiring 29% of the company, this indicates strong belief in the stock's potential. Wall Street analysts have maintained overweight ratings with a target valuation up to $71 per share, indicating a potential rally of about 46% from current levels.

PDD Holdings: With China's government stimulating the economy, there is a rising interest in PDD Holdings. The stock is trading at 73% of its 52-week high, and traders are betting on future potential with significant call option volumes. Analysts have set a target price of $173.4, suggesting a 45% potential increase from current levels.

BP: BP has seen approximately $633,929 in call options activity signaling bullish sentiment, partly inspired by Buffett's interests. Analysts project an earnings per share (EPS) of $0.99 for the third quarter of 2025, more than double the current $0.44 EPS. This significant increase in EPS traditionally drives stock price performance, making it a critical factor for investors. Analysts from Wolfe Research also forecast a target price of up to $50 per share, reflecting a strong upside potential.

Stocks: OXY PDD BP