TRU-SENTIMENT · DeltaNeutral

OXY Trading Analysis - 09/18/2026 03:06 PM — TRU-SENTIMENT

Options chain · Stock chart · Baseline chart

OXY (Occidental Petroleum Corporation) at $58.95. True Sentiment Bullish, delta 40-60 call 86% / put 14%, call $2,757,166 vs put $437,314. RSI 49.3.

Symbol: OXY
Price: $58.95
Article bias (separate from True Sentiment): bullish
Conviction: medium
Published: 2026-09-18 15:06:00 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: $2,757,166
Put dollar volume: $437,314

The pure directional positioning suggests near-term bullish expectations.

Key Statistics: OXY

$59.29 +0.00%

52-Week Range

$38.80 - $67.45

Market Cap

$119.40B

P/E (TTM)

9.16

PEG Ratio

N/A

Beta

N/A

Next Earnings

N/A

Avg Volume

$11.75M

Dividend Yield

N/A

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

None

Target: $N/A

Based on None Analysts

📈 Analysis

News Headlines & Context:

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, healthy profit margins, 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: $58.95

Recent price action shows OXY trading in a range with a slight downward trend.

Key support and resistance levels:

Support: $58.50
Resistance: $60.00

Technical Analysis:

SMA trends:

SMA 5: $60.58
SMA 20: $60.34
SMA 50: $58.05

RSI (14): 49.30, indicating neutral momentum.

MACD: Bullish, with a histogram of 0.14.

Bollinger Bands: Middle band at $60.34, with the price currently below it.

ATR (14): 1.58, indicating moderate volatility.

True Sentiment Analysis (Delta 40-60 Options):

Overall options flow sentiment: Bullish.

Call vs Put dollar volume:

Call dollar volume: $2,757,166
Put dollar volume: $437,314

The pure directional positioning suggests near-term bullish expectations.

Key Price Levels:

Support: $58.50
Resistance: $60.00
Entry: $58.95
Target: $61.00
Stop Loss: $57.50

25-Day Price Forecast:

OXY is projected for $57.50 to $62.50.

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:

Bull Call Spread: Buy OXY 261016C00055000 (strike $55.0) and sell OXY 261016C00060000 (strike $60.0).
Bear Put Spread: Buy OXY 261016P00057500 (strike $57.5) and sell OXY 261016P00052500 (strike $52.5).
Iron Condor: Sell OXY 261016C00055000 (strike $55.0) and buy OXY 261016C00060000 (strike $60.0), while selling OXY 261016P00052500 (strike $52.5) and buying OXY 261016P00057500 (strike $57.5).

Risk Factors:

Technical warning signs: RSI and MACD could change direction.
Sentiment divergences: Technicals and sentiment could diverge.
Volatility: ATR indicates moderate volatility.

Summary & Conviction Level:

Overall bias: Bullish.

Conviction level: Medium.

One-line trade idea: OXY may see near-term upside based on bullish options flow and supportive technicals.

View OXY Options Chain