Occidental Petroleum call volume above normal and directionally bullish

Bullish option flow detected in Occidental Petroleum with 27,288 calls trading, 1.1x expected, and implied vol increasing almost 2 points to 37.61%. 7/10 weekly 51 calls and Aug-26 55 calls are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.18. Earnings are expected on August 5th.