OXY250815C00047500 Option on Occidental Petroleum

An 'Out of The Money' option on Occidental has a strike price that Occidental Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Occidental Petroleum's 'Out of The Money' options include buying the options if you expect a big move in Occidental Petroleum's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.

Occidental Petroleum's Option Greeks for the contract ending on 2025-08-15 at a strike price of 47.5 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Occidental Petroleum's option greeks, its implied volatility helps estimate the risk of Occidental Petroleum stock implied by the prices of the options on Occidental Petroleum's stock.

Put options written on Occidental Petroleum grant holders of the option the right to sell a specified amount of Occidental Petroleum at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Occidental Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Occidental Petroleum is like buying insurance aginst Occidental Petroleum's downside shift.

By selling Occidental Petroleum's put option, the investors signal their bearish sentiment. A short position in a put option written on Occidental Petroleum will generally make money when the underlying price is above the strike price. Therefore Occidental Petroleum's put payoff at expiration depends on where the Occidental Stock price is relative to the put option strike price. The breakeven price of 47.64 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Occidental Petroleum's price. Finally, at the strike price of 47.5, the payoff chart is constant and positive.

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.

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.