Bulls are piling into this Warren Buffett favorite ahead of earnings

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Bulls are piling into this Warren Buffett favorite ahead of earnings

Warren Buffett speaks with CNBC during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC The surge in crude prices is igniting traders' appetite for one of the …

Warren Buffett speaks with CNBC during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC The surge in crude prices is igniting traders' appetite for one of the energy sector's most notable leaders. Traders piled into bullish options trades on Occidental Petroleum (OXY) ahead of its earnings report on Tuesday, with call volumes outpacing puts seven-to-one, and three times as many calls bought in Monday's session versus sold. …

Original source: CNBC Top News