OXY Options Chain, Open Interest, and Volatility Data

OXY Options Open Interest & Strategy Insights

OXY – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
40	45662	90801	136463
45	65532	47803	113335
50	72806	13971	86777
42.5	27077	59538	86615
35	8485	54328	62813
47.5	44613	16822	61435
55	41455	9054	50509
37.5	10966	37227	48193
60	36339	6310	42649
52.5	33047	6057	39104

OXY – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
1.12	0.59	47.58%	43.85%	-3.73%

Data Analysis

Symbol: OXY Current Price: 39.75
Max Pain: 47.50 (below)

📌 Absolute OI Peak: 40.00 (136463 contracts)
🛡️ Short-term Key Levels: 37.50（48193 contracts，major support） , 35.00（62813 contracts，major support） , 42.50（86615 contracts，major resistance）

📈 Put/Call OI Ratio: 1.12 (bearish, Put OI dominant)
Put/Call Volume Ratio: 0.59 (bullish, Call volume dominant)

📊 Avg Call IV: 47.58%
Avg Put IV: 43.85%
IV Skew: -3.73% (Call IV higher than Put IV by 3.73%, upward expectation slightly stronger)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	4679	276	28361	0.059	Moderate Bullish 📈 (70) ⚠️
2025-11-14	1559	312	15797	0.200	Moderate Bullish 📈 (70) ⚠️
2025-11-21	2207	947	110239	0.429	Strong Bullish 📈💥 (85)
2025-11-28	512	74	4874	0.145	Moderate Bullish 📈 (70) ⚠️
2025-12-05	552	86	1306	0.156	Moderate Bullish 📈 (70) ⚠️
2025-12-12	144	3	117	0.021	Moderate Bullish 📈 (70) ⚠️
2025-12-19	2704	152	59922	0.056	Strong Bullish 📈💥 (85) ⚠️
2026-01-16	5879	1936	203398	0.329	Strong Bullish 📈💥 (85) ⚠️
2026-02-20	451	1463	19270	3.244	Moderate Bearish 📉 (30) ⚠️
2026-03-20	397	255	45755	0.642	Slight Bullish 📈 (60)
2026-04-17	405	350	12326	0.864	Slight Bullish 📈 (60)
2026-05-15	101	278	7098	2.752	Moderate Bearish 📉 (30)
2026-06-18	405	426	48396	1.052	Neutral ⚖️ (50)
2026-09-18	124	61	29110	0.492	Moderate Bullish 📈 (70)
2026-12-18	931	44	41153	0.047	Moderate Bullish 📈 (70) ⚠️
2027-01-15	463	1575	70460	3.402	Strong Bearish 📉💥 (15) ⚠️
2028-01-21	58	920	34449	15.862	Moderate Bearish 📉 (30) ⚠️
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.