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Deep-pocketed investors have adopted a bearish approach towards Occidental Petroleum OXY, and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in OXY usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga’s options scanner highlighted 27 extraordinary options activities for Occidental Petroleum. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 25% leaning bullish and 66% bearish. Among these notable options, 12 are puts, totaling $1,654,155, and 15 are calls, amounting to $911,281.

Projected Price Targets

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $45.0 to $67.5 for Occidental Petroleum over the last 3 months.

Analyzing Volume & Open Interest

In terms of liquidity and interest, the mean open interest for Occidental Petroleum options trades today is 4460.96 with a total volume of 13,002.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Occidental Petroleum’s big money trades within a strike price range of $45.0 to $67.5 over the last 30 days.

Occidental Petroleum Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

About Occidental Petroleum

Occidental Petroleum is an independent exploration and production company with operations in the United States, Latin America, and the Middle East. At the end of 2023, the company reported net proved reserves of nearly 4 billion barrels of oil equivalent. Net production averaged 1,234 thousand barrels of oil equivalent per day in 2023 at a ratio of roughly 50% oil and natural gas liquids and 50% natural gas.

In light of the recent options history for Occidental Petroleum, it’s now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of Occidental Petroleum

• Currently trading with a volume of 4,085,232, the OXY’s price is down by -1.74%, now at $51.2.
• RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
• Anticipated earnings release is in 20 days.

What The Experts Say On Occidental Petroleum

5 market experts have recently issued ratings for this stock, with a consensus target price of $63.2.

Unusual Options Activity Detected: Smart Money on the Move

Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* An analyst from Evercore ISI Group has decided to maintain their Underperform rating on Occidental Petroleum, which currently sits at a price target of $63.
* An analyst from Susquehanna has decided to maintain their Positive rating on Occidental Petroleum, which currently sits at a price target of $77.
* Maintaining their stance, an analyst from Scotiabank continues to hold a Sector Outperform rating for Occidental Petroleum, targeting a price of $65.
* Reflecting concerns, an analyst from Goldman Sachs lowers its rating to Neutral with a new price target of $55.
* An analyst from Wells Fargo persists with their Equal-Weight rating on Occidental Petroleum, maintaining a target price of $56.

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Deep-pocketed investors have adopted a bearish approach towards Thor Industries THO, and it’s something market players shouldn’t ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in THO usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga’s options scanner highlighted 10 extraordinary options activities for Thor Industries. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 30% leaning bullish and 50% bearish. Among these notable options, 8 are puts, totaling $367,070, and 2 are calls, amounting to $188,275.

Expected Price Movements

After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $100.0 and $105.0 for Thor Industries, spanning the last three months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Thor Industries options trades today is 428.0 with a total volume of 2,908.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Thor Industries’s big money trades within a strike price range of $100.0 to $105.0 over the last 30 days.

Thor Industries Option Volume And Open Interest Over Last 30 Days

Noteworthy Options Activity:

About Thor Industries

Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth-wheel towables across about 35 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motor caravans, camper vans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts via the acquisition of Airxcel in 2021; however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2024, the company wholesaled 186,908 units and generated over $10 billion in revenue.

After a thorough review of the options trading surrounding Thor Industries, we move to examine the company in more detail. This includes an assessment of its current market status and performance.

Present Market Standing of Thor Industries

• Trading volume stands at 329,112, with THO’s price down by -3.7%, positioned at $104.56.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 42 days.

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Austin, TX, Oct. 22, 2024 (GLOBE NEWSWIRE) — As we approach the critical November Presidential Election, national polling from the Cicero Institute reveals key insights into voter priorities and attitudes. The survey was conducted October 7–11, 2024, and had a ±2.94 margin of error.

Economy Remains Top Priority

Across party lines, voters overwhelmingly identify the economy as the most urgent issue to address in the coming year. A significant 42% of all voters, including 55% of Republicans and 41% of Independents, cite the economy as their primary concern. Healthcare, public education, and public safety trail behind, with just 24%, 19%, and 14% of voters, respectively, prioritizing these areas. This data highlights the need for candidates to present clear economic policies as part of their campaign strategy, particularly to capture the attention of swing voters.

Desire for Efficient Government Leadership

When asked who they believe is better equipped to lead an agency focused on improving government efficiency, voters are leaning towards experience outside of politics. More than half of all voters (53%) favor a successful business owner, with Independents showing notable support at 54%. This preference, particularly among undecided voters, suggests a growing appetite for leadership that brings private sector expertise to government rather than career politicians.

Presidential Election Neck-and-Neck

The race for the presidency appears evenly split, with former President Donald Trump and Vice President Kamala Harris each garnering 42% of the vote across all voters. However, when broken down by party, 85% of Republicans support Trump, while 83% of Democrats back Harris. Independents are a crucial battleground, with 33% split evenly between both candidates and 17% still undecided. This highlights the critical role that Independent voters will play in determining the outcome of the election.

Why This Matters

Cicero Institute Director of Communications and author of the poll said, “Voters are making it clear: the economy and efficient leadership are their top priorities. This election isn’t just about party lines; it’s about who can deliver real solutions to the challenges Americans are facing. With so many undecided voters, especially among Independents, the race is wide open, and that’s where the story lies.”

With the economy at the forefront of voter concerns, coupled with the desire for business-minded leadership, the upcoming election will hinge on which candidate can effectively address these issues. Independents, in particular, are poised to play a decisive role in this election, and both campaigns will need to focus on economic policies and government efficiency to win their support.

The November election is shaping up to be a pivotal moment, with voter sentiment clearly focused on leadership that delivers real economic solutions.

• 2024 Voter Sentiment Crosstabs

Stefani Buhajla
The Cicero Institute
3866817625
media@ciceroinstitute.org

Beyond BYON will release its quarterly earnings report on Thursday, 2024-10-24. Here’s a brief overview for investors ahead of the announcement.

Analysts anticipate Beyond to report an earnings per share (EPS) of $-0.67.

Anticipation surrounds Beyond’s announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Overview of Past Earnings

The company’s EPS beat by $0.03 in the last quarter, leading to a 9.79% drop in the share price on the following day.

Here’s a look at Beyond’s past performance and the resulting price change:

Market Performance of Beyond’s Stock

Shares of Beyond were trading at $10.16 as of October 22. Over the last 52-week period, shares are down 37.47%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Beyond visit their earnings calendar on our site.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Honeywell Intl HON has outperformed the market over the past 15 years by 1.04% on an annualized basis producing an average annual return of 12.94%. Currently, Honeywell Intl has a market capitalization of $142.77 billion.

Buying $100 In HON: If an investor had bought $100 of HON stock 15 years ago, it would be worth $630.77 today based on a price of $219.75 for HON at the time of writing.

Honeywell Intl’s Performance Over Last 15 Years

Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Opening marks Greystar’s first build for rent project in the Houston area

KATY, Texas, Oct. 22, 2024 /PRNewswire/ — Greystar, a global leader in the investment, development, and management of real estate, including rental housing, logistics and life sciences, announced today that its latest Summerwell-branded community, Summerwell Sunterra, is now offering tours and welcoming move-ins.

Summerwell is Greystar’s dedicated build for rent brand focused on developing purpose-built, single-family rental communities across the United States. This approach to build for rent adds single-family housing supply while striving to deliver efficient and scalable communities in target markets that need this product most.

“We’re excited to open our doors at Summerwell Sunterra to renters looking for the privacy and comfort of a single family home without the hassles of ownership,” Brian Herwald, Managing Director of development for Greystar said. “Residents also have the added benefit of living within the master planned Sunterra community with access to The Retreat Amenity Village and so much more. Whether floating along the lazy river, grabbing a game of pickleball or hosting a barbecue in their private backyard, our residents will get the feeling of getting away from it all on a daily basis.”

The amenities in the Retreat Amenity Village, which is a across the street, include:

• Resort-style pool
• Lazy river
• Kids splash zone
• Boardwalk
• Event lawn
• Pickleball courts
• Horseshoe pits
• Yoga lawn
• Dog park
• Resident lounge

Residents also have access to Sunterra’s nearby 3.5-acre Crystal Lagoon. The lagoon features a beach-like area with sand, cabanas and a floating dock that allows kayaks and paddleboards to launch. The Crystal Lagoon is slated to open in May 2025.

Summerwell Sunterra consists of 156 townhomes and detached single-family rental homes in three- and four-bedroom layouts that range from 1,500 sq. ft. to 1,800 sq. ft. Each home features a two-car garage, beautiful landscaping and fully fenced-in private backyard.

Homes will also include:

• 20′ deep driveways
• Open concept floor plans bathed in natural light
• Granite countertops
• Hardwood-style floors available in two options
• Oversized primary closets
• SmartRent smart home features with electronic locks, thermostats and hub
• Ceiling fans
• Stainless steel appliances
• Washer and dryer
• Storage space

To schedule a tour, please visit www.summerwellsunterra.com.

About Greystar
Greystar is a leading, fully integrated global real estate company offering expertise in property management, investment management, development, and construction services in institutional-quality rental housing, logistics, and life sciences sectors. Headquartered in Charleston, South Carolina, Greystar manages and operates more than $320 billion of real estate in approximately 250 markets globally with offices throughout North America, Europe, South America, and the Asia-Pacific region. Greystar is the largest operator of apartments in the United States, manages nearly 997,000 units/beds globally, and has a robust institutional investment management platform comprised of over $78 billion of assets under management, including $36 billion of development assets. Greystar was founded by Bob Faith in 1993 to become a provider of world-class service in the rental residential real estate business. To learn more, visit www.greystar.com

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SOURCE Greystar