Best Covered Calls for Occidental Petroleum Corporation (OXY) — Up to 3.32% Premium Yield
Discover the best covered calls opportunities for Occidental Petroleum Corporation (OXY) (Energy sector). Our comprehensive analysis of Occidental Petroleum Corporation (OXY) covered calls reveals 384 available contracts with premium yields ranging up to 3.32% annually. Occidental Petroleum Corporation (OXY) currently trades at $55.58 with a market cap of $53.4 Billion, making it a B-rated candidate for covered calls strategies.
View OXY in screenerKey Metrics for Occidental Petroleum Corporation (OXY) Covered Calls
Actionable insights for Occidental Petroleum Corporation (OXY)
Top pick
1.92%
Best covered calls contract for Occidental Petroleum Corporation (OXY): $60.00 strike expiring Apr 17, 2026, 1.92% yield, $1.15 premium per contract.
View in screenerImplied volatility
10.0%
Average IV for Occidental Petroleum Corporation (OXY) is 10.0% (moderate) — consider strike selection and expiration for optimal premium.
View in screenerTop Covered Calls for Occidental Petroleum Corporation (OXY)
| Strike | Expiration | DTE | Delta | Premium | Yield | Action |
|---|---|---|---|---|---|---|
| $60.00 | Apr 17 | 36 | 0.30 | $1.15 | 1.92% | View details → |
| $57.50 | Apr 17 | 36 | 0.43 | $1.91 | 3.32% | View details → |
| $57.00 | Apr 10 | 29 | 0.45 | $1.78 | 3.12% | View details → |
| $57.00 | Apr 2 | 21 | 0.43 | $1.37 | 2.40% | View details → |
| $58.00 | Apr 10 | 29 | 0.39 | $1.25 | 2.16% | View details → |
How to use this data
- Open the screener for Occidental Petroleum Corporation (OXY). Open our Covered Calls screener with Occidental Petroleum Corporation (OXY) (OXY) pre-loaded so you see only OXY options.
- Apply your filters. Filter by premium yield, days to expiration (DTE), delta, and implied volatility to match your risk and income goals.
- Compare and execute. Compare strike prices and expirations in the screener, then execute the trade in your broker.
Analysis of Occidental Petroleum Corporation (OXY) Covered Call Opportunities
Our analysis of Occidental Petroleum Corporation (OXY) covered calls shows 384 active options contracts with an average premium yield of 0.65% and maximum yields reaching 3.32%. The average implied volatility stands at 10.0%, with peak IV reaching 41.2%, indicating moderate volatility premiums available. Occidental Petroleum Corporation (OXY) operates in the Energy sector within the Oil & Gas E&P industry, earning an overall score of 3. Investors seeking income generation while maintaining stock ownership will find Occidental Petroleum Corporation (OXY) covered calls particularly compelling given the current market conditions and available premium yields.
FAQs about Occidental Petroleum Corporation (OXY) Covered Calls
What are the best covered calls for Occidental Petroleum Corporation (OXY)?
The best covered calls for Occidental Petroleum Corporation (OXY) offer premium yields of up to 3.32% annually. Our screener identifies 384 available contracts, with top opportunities providing 0.65% average yields. Key factors include strike price selection, expiration dates, and current implied volatility of 10.0%.
How do I find covered calls for Occidental Petroleum Corporation (OXY)?
Use our Covered Calls screener to filter Occidental Petroleum Corporation (OXY) options by premium yield, delta, expiration date, and implied volatility. The screener shows 384 available contracts for Occidental Petroleum Corporation (OXY), sorted by yield percentage to help you identify the most profitable opportunities.
What is the average premium yield for Occidental Petroleum Corporation (OXY) covered calls?
The average premium yield for Occidental Petroleum Corporation (OXY) covered calls is currently 0.65%, with maximum yields reaching 3.32%. Premium yields vary based on strike price, expiration date, and implied volatility, which currently averages 10.0% for Occidental Petroleum Corporation (OXY) options.
Is Occidental Petroleum Corporation (OXY) a good stock for covered calls?
Occidental Petroleum Corporation (OXY) presents 384 covered calls opportunities with yields up to 3.32%. With a B rating, Occidental Petroleum Corporation (OXY) in the Energy sector offers moderate implied volatility premiums. Consider factors like your risk tolerance, market outlook, and premium income goals when evaluating Occidental Petroleum Corporation (OXY) for covered calls.
What expiration dates are available for Occidental Petroleum Corporation (OXY) covered calls?
Our screener shows Occidental Petroleum Corporation (OXY) covered calls contracts with various expiration dates. The top-yielding contracts typically range from weekly to monthly expirations. Use our filters to find specific expiration dates that match your trading strategy and income goals.
How does implied volatility affect Occidental Petroleum Corporation (OXY) covered calls?
Implied volatility significantly impacts covered calls premiums for Occidental Petroleum Corporation (OXY). Currently, Occidental Petroleum Corporation (OXY) options show an average IV of 10.0% with peaks at 41.2%. Higher IV generally means higher premium income, but also indicates greater price uncertainty. Our screener helps you find the optimal balance between premium yield and risk.
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Important disclaimer
Not financial advice. This page is for educational and informational purposes only. It does not constitute financial, investment, or trading advice. Options trading involves substantial risk. Past performance does not guarantee future results. Consult a licensed financial advisor before making investment decisions. Premium yields and metrics are based on current market data and may change.
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