Earnings DashboardBeat
OXY
reportedOCCIDENTAL PETE CORP
After Market Closelarge capTuesday, May 5, 2026
Expected Move Analysis
Expected
8.6%
Current Stock Price
$54.26
Expected Move
±8.6%
±$4.66
IV Rank
49
Moderate
Put/Call Ratio
0.70
Bullish bias
Earnings Results
Earnings Per Share (EPS)
Estimate
$0.65
Actual
$0.87
Analysis & Commentary
OCCIDENTAL PETE CORP (OXY) reports earnings Tuesday after the close. Consensus EPS estimate is $0.65.
IV Rank sits at 49, indicating fairly-priced options. Neither premium sellers nor buyers have a clear structural edge here — let your directional thesis guide the trade.
A calendar spread could benefit from the front-month IV crush while maintaining exposure through the back month. Sell the weekly expiration and buy 30-45 DTE.
Enter 2-3 days before earnings. Sell the weekly expiration (front month) and buy 30-45 DTE (back month). The goal is for the front month to decay rapidly with the IV crush while the back month retains value.