How do I buy OXY options?

To buy OXY (Occidental Petroleum Corporation) options, you need a brokerage account with options trading enabled. Search for OXY options on your broker's platform, select the strike price and expiration date, choose call or put, and place your order. Make sure you understand the risks before trading options.

What is the current implied volatility for OXY options?

OXY implied volatility (IV) varies by strike price and expiration date. Use our free options search tool above to see real-time IV for specific OXY option contracts. Higher IV means options are more expensive due to expected price movement.

Should I buy calls or puts on OXY?

Buy OXY call options if you expect the stock price to rise, or put options if you expect it to fall. Consider factors like implied volatility, time to expiration, and your risk tolerance. Call options profit when Occidental Petroleum Corporation stock goes up; puts profit when it goes down.

What are the most traded OXY options?

The most actively traded OXY options are typically near-the-money (ATM) options with 30-45 days to expiration. Use our tool to search OXY options sorted by volume to find the most liquid contracts with tight bid-ask spreads.

OXY

Occidental Petroleum Corporation Options

Search OXY call options and put options with real-time pricing, Greeks, and implied volatility data.

Search OXY Options Now

$44.59 Market Closed

+$0.67 (+1.53%)

Prev Close

$43.92

Open

$44.06

Day Range

$43.84 - $44.6

Volume

9,177,031

Last updated: Jan 27, 2026 03:59 PM EST

About OXY Options

Occidental Petroleum Corporation (OXY) options give traders the right to buy or sell OXY stock at a predetermined price before a specific expiration date. Options are powerful financial instruments used for speculation, hedging, and income generation.

Call Options

OXY call options give you the right to buy shares at the strike price. Profit when Occidental Petroleum Corporation stock rises.

Put Options

OXY put options give you the right to sell shares at the strike price. Profit when Occidental Petroleum Corporation stock falls.

What Data You'll Find

Our free OXY options search tool provides:

Strike Prices — Various price levels for calls and puts
Expiration Dates — Filter by 7, 30, 60, or 90 days out
Premium (Price) — Current option contract prices
Volume & Open Interest — Liquidity and market activity
Implied Volatility (IV) — Market's expected price movement
Greeks — Delta, Gamma, Theta, Vega sensitivity measures
Intrinsic & Extrinsic Value — Value breakdown

Pro Tip: Look for OXY options with high volume and open interest for better liquidity and tighter bid-ask spreads.

Understanding OXY Options Greeks

When trading Occidental Petroleum Corporation options, the Greeks help you understand how the option price will change:

Delta (Δ)

How much the OXY option price moves when the stock moves $1. A delta of 0.50 means the option gains $0.50 for every $1 stock increase.

Theta (Θ)

Daily time decay of the option. OXY options lose value each day as expiration approaches, even if the stock price stays flat.

Gamma (Γ)

Rate of Delta change. Higher gamma means Delta moves faster, making near-ATM OXY options more responsive to price changes.

Vega (ν)

Volatility sensitivity. When Occidental Petroleum Corporation's implied volatility rises, high-vega options become more valuable.

Learn more:

Implied Volatility ITM Options OTM Options Intrinsic Value Open Interest

OXY Options FAQ

To buy OXY (Occidental Petroleum Corporation) options, you need a brokerage account with options trading enabled (like TD Ameritrade, E*TRADE, or Robinhood). Search for OXY options, select your desired strike price and expiration, choose call or put, and place your order. Always understand the risks and consider starting with paper trading.

The optimal expiration depends on your strategy. 30-45 day expirations offer a good balance of time value and theta decay for most traders. Shorter expirations (7-14 days) have higher gamma but faster time decay. Longer expirations (60-90+ days) cost more but give the trade more time to work.

Use our options search tool to see current OXY implied volatility levels. Compare the IV to historical averages to determine if options are relatively expensive (high IV) or cheap (low IV). High IV often occurs before earnings or major events.

ITM (In The Money) OXY options have intrinsic value — calls where strike < stock price, puts where strike > stock price. They're more expensive but have higher delta. OTM (Out of The Money) options are cheaper but have lower probability of profit. ATM (At The Money) options have strike ≈ stock price and highest gamma.

Occidental Petroleum Corporation Options