Occidental Petroleum Stock Options

OXY Stock  USD 41.44  0.66  1.62%   
Occidental Petroleum's latest option contracts expiring on August 15th 2025 are carrying combined implied volatility of 0.49 with a put-to-call open interest ratio of 0.71 over 38 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on August 15th 2025. The total put volume is at 470, with calls trading at the volume of 618. This yields a 0.76 put-to-call volume ratio.

Open Interest Against August 15th 2025 Option Contracts

Occidental Petroleum option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Occidental Petroleum's lending market. For example, when Occidental Petroleum's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Occidental Petroleum, he or she must hedge the risk by shorting Occidental Petroleum stock over its option's life.
The chart above shows Occidental Petroleum's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Occidental Petroleum's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Occidental Petroleum's option, there is no secondary market available for investors to trade.

Occidental Petroleum Maximum Pain Price Across 2025-08-15 Option Contracts

Max pain occurs when Occidental Petroleum's market makers reach a net positive position across all Occidental Petroleum's options at a strike price where option holders stand to lose the most money. By contrast, Occidental Petroleum's option sellers may reap the most after selling more options than buying, causing them to expire worthless.

In The Money vs. Out of Money Option Contracts on Occidental Petroleum

Analyzing Occidental Petroleum's in-the-money options over time can help investors to take a profitable long position in Occidental Petroleum regardless of its overall volatility. This is especially true when Occidental Petroleum's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Occidental Petroleum's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Occidental Petroleum's stock while costing only a fraction of its price.

Occidental Petroleum In The Money Call Balance

When Occidental Petroleum's strike price is surpassing the current stock price, the option contract against Occidental Petroleum stock is said to be in the money. When it comes to buying Occidental Petroleum's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Occidental Petroleum are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Occidental Current Options Market Mood

Occidental Petroleum's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Occidental Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Occidental Petroleum's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Occidental Petroleum's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.

Rule 16 of the current Occidental contract

Base on the Rule 16, the options market is currently suggesting that Occidental Petroleum will have an average daily up or down price movement of about 0.0306% per day over the life of the 2025-08-15 option contract. With Occidental Petroleum trading at USD 41.44, that is roughly USD 0.0127. If you think that the market is fully incorporating Occidental Petroleum's daily price movement you should consider buying Occidental Petroleum options at the current volatility level of 0.49%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Purchasing Occidental Petroleum options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Occidental calls. Remember, the seller must deliver Occidental Petroleum stock to the call owner when a call is exercised.

Occidental Petroleum Option Chain

When Occidental Petroleum's strike price is surpassing the current stock price, the option contract against Occidental Petroleum stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Occidental Petroleum's option chain is a display of a range of information that helps investors for ways to trade options on Occidental. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Occidental. It also shows strike prices and maturity days for a Occidental Petroleum against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
OXY250815C0007500047275.00.0 - 0.180.18Out
Call
OXY250815C0007000054370.00.0 - 0.420.42Out
Call
OXY250815C00065000316465.00.04 - 0.110.05Out
Call
OXY250815C00060000207060.00.05 - 0.140.21Out
Call
OXY250815C00057500138457.50.05 - 0.20.09Out
Call
OXY250815C00055000306955.00.12 - 0.180.13Out
Call
OXY250815C00052500557852.50.19 - 0.230.18Out
Call
OXY250815C00050000499650.00.34 - 0.360.36Out
Call
OXY250815C00047500247547.50.64 - 0.680.65Out
Call
OXY250815C00045000437445.01.21 - 1.261.22Out
Call
OXY250815C00042500303342.52.15 - 2.22.15Out
Call
OXY250815C00040000228640.03.45 - 3.553.6In
Call
OXY250815C0003750084337.55.15 - 5.255.2In
Call
OXY250815C0003500013335.07.15 - 7.257.15In
Call
OXY250815C000325001832.59.25 - 9.58.65In
Call
OXY250815C0003000011730.011.6 - 11.8511.45In
Call
OXY250815C0002750010127.513.9 - 14.313.9In
Call
OXY250815C000250005525.016.35 - 16.716.35In
 Put
OXY250815P00075000075.032.95 - 34.132.95In
 Put
OXY250815P00070000070.027.65 - 29.6527.65In
 Put
OXY250815P00065000065.023.6 - 23.923.6In
 Put
OXY250815P00060000060.018.55 - 18.9518.55In
 Put
OXY250815P000575001057.516.1 - 16.3516.25In
 Put
OXY250815P0005500024055.013.65 - 13.9513.65In
 Put
OXY250815P0005250036452.511.2 - 11.411.3In
 Put
OXY250815P00050000111350.08.75 - 8.958.76In
 Put
OXY250815P00047500424447.56.55 - 6.656.6In
 Put
OXY250815P00045000244545.04.6 - 4.74.7In
 Put
OXY250815P00042500110242.53.05 - 3.12.97In
 Put
OXY250815P00040000561540.01.88 - 1.921.95Out
 Put
OXY250815P00037500501337.51.1 - 1.141.15Out
 Put
OXY250815P00035000292135.00.62 - 0.660.64Out
 Put
OXY250815P0003250029632.50.34 - 0.370.39Out
 Put
OXY250815P0003000044030.00.18 - 0.220.26Out
 Put
OXY250815P000275008127.50.04 - 0.740.13Out
 Put
OXY250815P0002500020625.00.0 - 0.460.1Out
 Put
OXY250815P000225007122.50.0 - 0.450.45Out
 Put
OXY250815P0002000032720.00.0 - 0.660.66Out

Occidental Total Stockholder Equity

Total Stockholder Equity

18.1 Billion

At this time, Occidental Petroleum's Total Stockholder Equity is fairly stable compared to the past year.

Occidental Petroleum Corporate Directors

William KlesseIndependent DirectorProfile
Avedick PoladianIndependent DirectorProfile
Carlos GutierrezIndependent DirectorProfile
Andrew GouldIndependent DirectorProfile

Additional Tools for Occidental Stock Analysis

When running Occidental Petroleum's price analysis, check to measure Occidental Petroleum's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Occidental Petroleum is operating at the current time. Most of Occidental Petroleum's value examination focuses on studying past and present price action to predict the probability of Occidental Petroleum's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Occidental Petroleum's price. Additionally, you may evaluate how the addition of Occidental Petroleum to your portfolios can decrease your overall portfolio volatility.