TRU-SENTIMENT · DeltaNeutral
OXY Trading Analysis - 09/18/2026 02:36 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
OXY (Occidental Petroleum Corporation) at $58.98. True Sentiment Bullish, delta 40-60 call 86% / put 14%, call $2,683,268 vs put $429,233. RSI 49.6.
- Symbol
- OXY
- Price
- $58.98
- Article bias (separate from True Sentiment)
- neutral
- Conviction
- medium
- Published
- 2026-09-18 14:36:00 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:
- Call dollar volume: $2,683,268
- Put dollar volume: $429,233
The options flow suggests a bullish sentiment with a higher call dollar volume.
Key Statistics: OXY
Fundamental Snapshot
Valuation
| P/E (Trailing) | 9.16 |
| P/E (Forward) | N/A |
| PEG Ratio | N/A |
| Price/Book | 2.82 |
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 crude oil prices influencing 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 seen as a positive by investors.
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: 9.16
- Price-to-Book: 2.82
- 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 growth prospects.
Current Market Position:
Current price: $59.02
Recent price action: The stock has been trading in a range with a slight downward trend.
Key support and resistance levels:
- Support: $58.67 (from daily history)
- Resistance: $60.65 (from daily history)
Technical Analysis:
SMA trends:
- SMA 5: $60.59
- SMA 20: $60.35
- SMA 50: $58.05
The stock is currently below its SMA 5 and SMA 20, indicating a short-term downtrend.
RSI (14): 49.64, which is neutral.
MACD: Bullish with a histogram of 0.14.
Bollinger Bands: The stock is trading near the middle band, indicating no clear direction.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Bullish
Call vs Put dollar volume:
- Call dollar volume: $2,683,268
- Put dollar volume: $429,233
The options flow suggests a bullish sentiment with a higher call dollar volume.
Key Price Levels:
- Support: $58.67
- Resistance: $60.65
- Entry: $59.02
- Target: $61.00
- Stop Loss: $58.00
25-Day Price Forecast:
OXY is projected for $58.50 to $62.00
The forecast is based on current SMA trends, RSI momentum, MACD signals, and recent volatility (ATR).
Defined Risk Strategy Recommendations:
Based on the price forecast, here are three defined risk strategy recommendations:
- Buy OXY 60.0 Call and Sell OXY 62.5 Call (Bull Call Spread)
- Buy OXY 57.5 Put and Sell OXY 55.0 Put (Bear Put Spread)
- Buy OXY 60.0 Call, Sell OXY 62.5 Call, Buy OXY 62.5 Put, and Sell OXY 65.0 Put (Iron Condor)
Risk Factors:
- Technical warning signs: RSI near neutral, MACD bullish but histogram is small
- Sentiment divergences: Options flow bullish, but technicals neutral
- Volatility: Recent ATR is 1.58
Summary & Conviction Level:
Overall bias: Neutral
Conviction level: Medium
One-line trade idea: OXY may trade within a range with a slight upward bias.
View OXY Options Chain