OXY Options
Occidental Petroleum Options Chain, Implied Volatility & Greeks
Comprehensive options market data for Occidental Petroleum (OXY). Explore implied volatility patterns, options chain liquidity, gamma exposure levels, and key market metrics.
OXY Options at a Glance
What's Covered in This Guide
1 About Occidental Petroleum (OXY)
Occidental Petroleum trades on NYSE. Options on OXY are actively traded by retail and institutional investors.
Company Profile
Key Dates
OXY is an actively traded options name in the Oil & Gas space.
2 OXY Options Market Overview
OXY options offer good liquidity for traders seeking exposure to Oil & Gas.
Liquidity Assessment: Good
OXY options provide good liquidity for most trading strategies.
3 OXY Volatility Profile
OXY implied volatility reflects market expectations for Occidental Petroleum price movement.
Earnings Impact
IV typically increases before earnings and contracts afterward (IV crush).
Historical Volatility vs IV
Compare IV to historical volatility to assess option pricing relative to realized moves.
Term Structure
Term structure varies with market conditions and upcoming events.
OXY Gamma Exposure (GEX)
Gamma Exposure (GEX) analysis for OXY shows how dealer hedging may impact price behavior.
Typical GEX Profile: GEX profile varies based on market conditions and option positioning.
Key Levels: Major put and call walls at round number strikes may act as support/resistance.
Dealer Hedging: Dealer hedging activity can influence price behavior at key gamma levels.
4 Common OXY Options Strategies
These are strategies commonly used by traders on OXY options, based on typical market characteristics. This is not investment advice.
Used by OXY traders for income exposure. Good liquidity supports efficient execution.
Used by OXY traders for volatility exposure. Good liquidity supports efficient execution.
Used by OXY traders for directional exposure. Good liquidity supports efficient execution.
Used by OXY traders for volatility exposure. Good liquidity supports efficient execution.
Used by OXY traders for neutral exposure. Good liquidity supports efficient execution.
Key Considerations for OXY Options
- OXY options liquidity: Good - affects execution quality
- IV range: 22% - 55% - important for premium selling strategies
- Earnings events can significantly impact IV and option prices
- Consider position sizing based on underlying volatility
- Weekly options available for short-term strategies
- LEAPS available for longer-term positioning
Frequently Asked Questions: OXY Options
What are OXY options?
OXY options are derivative contracts that give you the right to buy (call) or sell (put) Occidental Petroleum shares at a specific price before expiration.
How do I analyze OXY implied volatility?
OXY IV typically ranges from 22% - 30% during quiet periods to 42% - 55% around earnings and major events. Compare current IV to historical ranges to assess relative value.
What is the typical bid-ask spread for OXY options?
OXY options have good liquidity with typical spreads varying by strike and expiration. ATM options generally have tighter spreads.
When does OXY report earnings?
Occidental Petroleum typically reports earnings quarterly. Check the earnings calendar for exact dates as IV tends to increase before announcements.
What strategies work best for OXY options?
Popular OXY strategies include covered calls, straddles, and vertical spreads. Strategy selection depends on market outlook and risk tolerance.
What is the best time to trade OXY options?
The most liquid trading hours for OXY options are typically during regular market hours (9:30 AM - 4:00 PM ET), with highest volume around market open and close.
How do I calculate OXY option Greeks?
Use our free Options Calculator or Greeks Heatmap tool to calculate delta, gamma, theta, vega and other Greeks for OXY options across all strikes and expirations.
What happens to OXY options at expiration?
In-the-money OXY options are typically auto-exercised at expiration. Out-of-the-money options expire worthless. Consider closing positions before expiration to avoid assignment risk.
On This Page
OXY Analytics
OXY Key Events
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