OXY options flow: unusual options activity in Occidental Petroleum Corp.

Updated 28 September 2026, 09:54 ET

Over the last week the tape recorded 67 unusual options prints in Occidental Petroleum Corp. (OXY), $3.9M of tracked premium, close to even between bullish and bearish premium. Bullish premium was $2.0M against $1.7M bearish; $2.9M went into calls and $1.0M into puts, a put call ratio of 0.36. The largest print was $241K of OXY 18 Dec 2026 $57.50 calls on 22 September 2026, executed at bid. The last session with prints, 25 September 2026, added 13 prints and $713K of premium. OXY closed at $56.86 on 25 September 2026, down 2.0%.

This week's unusual flow

Unusual prints67
Tracked premium$3.9M
Net premium+$326K
Bullish premium$2.0M
Bearish premium$1.7M
Call premium$2.9M
Put premium$1.0M
P/C ratio0.36
Sweeps39%
Size over OI7
Whale prints0
High conviction10

Prints from 21 September 2026 to 25 September 2026, 5 sessions. Delayed tier: every print is shown twenty minutes after it executed, and the page is rebuilt after each session.

Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.

Largest prints of the week

DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
22 Sep 2026OXY 18 Dec 2026 $57.50 callsTrade6992,234$241KAt bidBearish
22 Sep 2026OXY 15 Jan 2027 $57.50 putsSweep3822,516$159KAt bidBullishNotable
25 Sep 2026OXY 21 Jan 2028 $47.50 callsSweep94410$139KAt bidBearishNotable
24 Sep 2026OXY 20 Nov 2026 $60 callsSweep48710,918$134KAbove askBullishHigh conviction
21 Sep 2026OXY 15 Dec 2028 $60 putsSweep95147$103KAt bidBullishHigh conviction
23 Sep 2026OXY 30 Oct 2026 $60 putsSweep25423$99KAt askBearishHigh conviction
25 Sep 2026OXY 15 Dec 2028 $55 putsSweep117137$97KAt askBearishHigh conviction
21 Sep 2026OXY 19 Jan 2029 $55 putsSweep1130$95KAt askBearishHigh conviction
25 Sep 2026OXY 21 Jan 2028 $60 callsTrade1073,561$93KAt bidBearish
24 Sep 2026OXY 2 Oct 2026 $57 putsSweep1,2101,368$82KAt bidBullishNotable
24 Sep 2026OXY 18 Dec 2026 $65 callsTrade5007,054$82KAt bidNeutral
24 Sep 2026OXY 15 Jan 2027 $65 callsTrade40063,376$82KAt bidBearish

Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.

Where the money is aimed

ExpiryPrintsPremiumCalls shareNet premium
18 Dec 202616$940K100%-$224K
15 Jan 202711$656K57%+$91K
15 Dec 20288$422K53%+$63K
20 Nov 20267$348K100%+$154K
21 Jan 20283$276K84%-$188K
30 Oct 20265$275K27%-$105K

The most premium, $940K, is aimed at the 18 Dec 2026 expiry; the nearest expiry with unusual prints is 30 Oct 2026.

A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.

The last session, 25 September 2026

Prints13
Premium$713K
Net premium-$261K
P/C ratio0.16
Sweeps31%
DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
25 Sep 2026OXY 21 Jan 2028 $47.50 callsSweep94410$139KAt bidBearishNotable
25 Sep 2026OXY 15 Dec 2028 $55 putsSweep117137$97KAt askBearishHigh conviction
25 Sep 2026OXY 21 Jan 2028 $60 callsTrade1073,561$93KAt bidBearish
25 Sep 2026OXY 30 Oct 2026 $58 callsSweep349102$73KAt askNeutralNotable
25 Sep 2026OXY 21 May 2027 $60 callsSweep100105$55KAt askBullishHigh conviction

Every print in OXY with its full detail, the live tape, one tap filters and saved screeners: open OXY in Options Sentiment Screener.

Price

Last close$56.86
Day-2.05%
1 week-3.37%
1 month-3.00%
3 months+13.74%
1 year+21.26%
52 week high$67.45
52 week low$38.80
Volume8,435,974
Market cap$58.0B

The live quote and the price chart sit beside the ticker's flow in the app: open OXY in Options Sentiment Screener.

Analysts

The most recent analyst targets on file, from 12 firms, have a median of $70, 22.2% above the last close. The last 90 days brought 1 upgrade.

Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.

About Occidental Petroleum Corp.

Exchange
NYSE
Sector
Energy
Industry
Petroleum And Natural Gas
Headquarters
Houston, Texas
Website
oxy.com

Occidental Petroleum Corporation engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, sodium silicates, and calcium chloride. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power.

In the same sector

Flow pages for other Energy names in the S&P 500:

XOM ExxonMobil Holdings Corp.CVX Chevron Corp.COP ConocoPhillipsVLO Valero Energy Corp.MPC Marathon Petroleum Corp.PSX Phillips 66WMB Williams Companies, Inc.SLB SLB Limited

Learn

The live tape for OXY with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.

Open OXY in Options Sentiment Screener