TRU-SENTIMENT · DeltaNeutral
OXY Trading Analysis - 09/16/2026 04:57 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
OXY (Occidental Petroleum Corporation) at $59.59. True Sentiment Bullish, delta 40-60 call 65% / put 35%, call $1,314,221 vs put $712,530. RSI 53.3.
- Symbol
- OXY
- Price
- $59.59
- Article bias (separate from True Sentiment)
- bullish
- Conviction
- medium
- Published
- 2026-09-16 16:57:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Bullish
Call vs Put dollar volume analysis: Call dollar volume is $1,314,221, and put dollar volume is $712,530, indicating a bullish conviction.
Key Statistics: OXY
Fundamental Snapshot
Valuation
| P/E (Trailing) | 9.82 |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | 3.02 |
Profitability
| EPS (Trailing) | $6.47 |
| EPS (Forward) | N/A |
| ROE | 17.25% |
| Net Margin | 33.74% |
Financial Health
| Revenue (TTM) | $21.67B |
| Debt/Equity | 0.30 |
| Free Cash Flow | N/A |
| Rev Growth | N/A |
Analyst Consensus
📈 Analysis
News Headlines & Context:
Recent news headlines for OXY include:
- Occidental Petroleum (OXY) has been in focus due to its involvement in the energy sector, with recent fluctuations in oil prices impacting its stock performance.
- The company has been expanding its presence in the Permian Basin, which could potentially increase its production and revenue.
- OXY has also been making efforts to reduce its debt and improve its financial position, which could be a positive factor for its stock.
These headlines suggest that OXY is navigating the challenges and opportunities in the energy sector, which could impact its stock price.
Fundamental Analysis:
Based on the provided fundamentals data:
- Total Revenue: $21,671,000,000
- Trailing EPS: $6.47
- Trailing P/E: 9.82
- Price-to-Book: 3.02
- Debt-to-Equity: 0.30
- Return on Equity (ROE): 17.25%
- Operating Margins: 24.75%
- Profit Margins: 33.74%
OXY's fundamentals indicate a stable financial position with a reasonable P/E ratio and a strong ROE. However, the lack of revenue growth data and forward EPS estimates makes it difficult to assess future prospects.
Current Market Position:
Current price: $59.36
Recent price action: The stock has been trading in a range with a recent high of $63.77 and a low of $53.66.
Intraday momentum and trends: The minute bars show a slight downtrend in the last few hours.
Technical Analysis:
Technical Indicators
SMA trends: The 5-day SMA is $61.46, the 20-day SMA is $60.51, and the 50-day SMA is $57.80. The stock is currently below the 5-day and 20-day SMAs.
RSI interpretation: The RSI is neutral at 53.27.
MACD signals: The MACD is bullish with a value of 1.12.
Bollinger Bands: The middle band is at $60.51, the upper band is at $62.90, and the lower band is at $58.13. The stock is currently below the middle band.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bullish
Call vs Put dollar volume analysis: Call dollar volume is $1,314,221, and put dollar volume is $712,530, indicating a bullish conviction.
Key Price Levels (observational only):
25-Day Price Forecast:
OXY is projected for $58.50 to $62.50
Based on current trends, momentum, and indicators, OXY is expected to trade within a range of $58.50 to $62.50 in 25 days.
Defined Risk Strategy Recommendations:
Based on the price forecast, here are three recommended defined risk strategies:
- Bull Call Spread: Buy OXY 261016C00060000 (60.0 strike) and sell OXY 261016C00062500 (62.5 strike).
- Bear Put Spread: Buy OXY 261016P00057500 (57.5 strike) and sell OXY 261016P00055000 (55.0 strike).
- Iron Condor: Sell OXY 261016C00060000 (60.0 strike) and buy OXY 261016C00062500 (62.5 strike), while selling OXY 261016P00057500 (57.5 strike) and buying OXY 261016P00055000 (55.0 strike).
Risk Factors:
- Technical warning signs: The stock is currently below the 50-day SMA.
- Sentiment divergences: The options sentiment is bullish, but technical indicators are neutral.
- Volatility and ATR considerations: The ATR is at 1.63, indicating moderate volatility.
Summary & Conviction Level:
Overall bias: Bullish
Conviction level: Medium
One-line trade idea: OXY has bullish options sentiment and is expected to trade within a range of $58.50 to $62.50.
View OXY Options Chain