$Occidental(OXY)$ From oilprice, ... commodity analysts at Standard Chartered warn that the oil price crash has been exacerbated by hedging activity–specifically, due to gamma hedging effects, with banks selling oil to manage their side of options as prices fall through the strike prices of oil producer put options and volatility increases. The negative price effect has been exacerbated because the main cliff-face of producer puts currently occupies a narrow price range...
Apparently, one exits or hangs around holding their nuts waiting for better days, which most "experts" are predicting.
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