OXY Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: OXY's strategic carbon capture initiatives and stable institutional support, along with potential oil price increases, position it for a potential upswing.




Bearish Case: High debt levels, volatile oil prices, and bearish market sentiment pose significant risks to OXY's financial performance and equity value.




Potential Outcomes: OXY may see improved sentiment (40%) or face continued pressure from high debt and oil price fluctuations (60%).




Trading Oracle: Execute a bullish debit spread by purchasing the $48 call and selling the $52 call expiring in 14 days. Leverage recent market discrepancies in implied volatility for a high probability of profit.



February 04, 2025


Occidental Petroleum Forecast

OXY        Occidental Petroleum











Correlated Assets

Assets that tend to move strongly with OXY



DVN Forecast + Options Trading Strategies   DVN  Devon Energy (0.97)


WFRD Forecast + Options Trading Strategies   WFRD  Weatherford International plc - New (0.91)


RIG Forecast + Options Trading Strategies   RIG  Transocean (0.91)


NOV Forecast + Options Trading Strategies   NOV  NOV (0.91)


LYB Forecast + Options Trading Strategies   LYB  LyondellBasell Industries (0.91)



Uncorrelated Assets

Assets with little price relationship to OXY



FPI Forecast + Options Trading Strategies   FPI  Farmland (-0.0)


VGLT Forecast + Options Trading Strategies   VGLT  Vanguard Group, Inc. - Vanguard Long-Term Treasury (-0.01)


INTU Forecast + Options Trading Strategies   INTU  Intuit (0.01)


BHVN Forecast + Options Trading Strategies   BHVN  Biohaven Pharmaceutical (-0.01)


LCID Forecast + Options Trading Strategies   LCID  Lucid (0.01)



Anticorrelated Assets

Assets that tend to move strongly against OXY



TVTX Forecast + Options Trading Strategies   TVTX  Travere Therapeutics (-0.89)


TRUP Forecast + Options Trading Strategies   TRUP  Trupanion (-0.89)


TAC Forecast + Options Trading Strategies   TAC  Transalta (-0.9)


RKLB Forecast + Options Trading Strategies   RKLB  Rocket Lab USA (-0.91)


CWAN Forecast + Options Trading Strategies   CWAN  Clearwater Analytics Holdings (-0.93)









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