3 Stocks With Unusual Call Option Volume – What It Signals

Group 1: Market Sentiment and Trading Activity - Investors gauge market sentiment through stock purchases and options trading, with options providing deeper insights into bullish views [1][2] - Unusual call options trading activity can indicate stronger sentiment than regular stock buying, particularly for Occidental Petroleum, PDD Holdings, and BP [3][6] Group 2: Occidental Petroleum Analysis - Occidental Petroleum's 12-month stock price forecast is $61.55, indicating a 26.55% upside based on 21 analyst ratings, with a high forecast of $78.00 and a low of $45.00 [4] - Warren Buffett's acquisition of 29% of Occidental Petroleum has led to increased bullish sentiment in the energy sector [4][5] - Analysts at Stephens maintain an overweight rating on Occidental Petroleum, projecting a valuation of $71 per share, suggesting a potential 46% rally [7] Group 3: PDD Holdings Analysis - PDD Holdings has a 12-month stock price forecast of $173.40, representing a 46.11% upside based on 13 analyst ratings, with a high forecast of $272.00 and a low of $105.00 [9] - The stock trades at 73% of its 52-week high, with potential upside driven by China's economic stimulus [10][11] Group 4: BP Analysis - BP's 12-month stock price forecast is $38.76, indicating a 17.02% upside based on 21 analyst ratings, with a high forecast of $50.00 and a low of $31.80 [12] - Significant call options activity for BP, totaling $633,929, suggests bullish developments, supported by expected earnings per share (EPS) growth from $0.44 to $0.99 by Q3 2025 [12][13] - Analysts from Wolfe Research initiated coverage on BP with a valuation of $50 per share, indicating a potential 53% rally [14]