Occidental Petroleum (OXY) Protective Put Calculator
Calculator · free · no signup · OXYPrice a protective put, zero-cost collar, or put spread on Occidental Petroleum. Annual cost, max loss, upside cap, tax treatment, auto-filled from current OXY option chain.
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About Occidental Petroleum
Occidental Petroleum (OXY) is a public Energy company, incorporated in Delaware and headquartered in Houston, TX.
Last close: $58.08 per share (as of 2026-10-04).
Equity grants at Occidental Petroleum typically include restricted stock units (RSUs).
Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States and the Middle East. It is incorporated under the Delaware General Corporation Law and is headquartered in Houston.
Source: Wikipedia (CC BY-SA 4.0)
Founded in 1920 and led for decades by Armand Hammer, the company transformed itself with the 2019 acquisition of Anadarko, a deal financed partly by Berkshire Hathaway preferred stock that left substantial debt. Permian Basin production is the core, alongside chemicals and an unusual investment in direct air capture of carbon dioxide. Debt reduction has been the dominant capital priority since the acquisition. Oil price levels determine how quickly that deleveraging proceeds. Headquarters are in Houston.
Sources: sec.gov · en.wikipedia.org
Equity comp at Occidental Petroleum
- Occidental's Long-Term Incentive Plan explicitly bars single-trigger vesting: a change in control (CIC) alone does not accelerate RSU vesting. Instead, vesting and forfeiture restrictions lift only on the earlier of the original vesting date or a qualifying termination (fired without Cause, or resignation for Good Reason) occurring within 12 months after the CIC. Separately, some RSU grants are performance-based, with vesting tied to objectives measured as late as the seventh anniversary of the grant date rather than a fixed multi-year schedule.
- Early exercise is not allowed: you have to wait for shares to vest before you can buy them.
- RSUs use double-trigger vesting. Two things must both happen before the shares are yours: (1) the normal time-based vesting completes, and (2) the company has a liquidity event (an IPO or an acquisition). Until both happen, you do not yet own the shares and you do not owe tax on them.
Sources: sec.gov · sec.gov · sec.gov
Researched 2026-08-25.
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by Occidental Petroleum.
A protective put caps your downside on the OXY position at a chosen floor; a zero-cost collar pays for that floor by capping the upside. This calculator prices both structures off the current OXY option chain, with annual cost, max loss, and tax-treatment notes.
Example: a 5,000-share OXY position at $58.08 is worth $290,400. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $5,808 to $11,616) before any premium offset from a short call. The calculator prices both structures off OXY's current option chain so you see the actual cost for your chosen floor, tenor, and cap.
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Occidental Petroleum equity questions
- How much does it cost to hedge OXY stock?
- The cost of a protective put depends on how far below the current price you set the floor, how long the protection lasts, and OXY's option-implied volatility. A zero-cost collar lowers that cost by selling away some upside. The calculator above prices both structures off the current OXY option chain and shows the annual cost, maximum loss, and tax treatment.
- Does Occidental Petroleum grant ISOs, NSOs, or RSUs?
- Equity compensation at Occidental Petroleum typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
- Does Occidental Petroleum allow early exercise of stock options?
- No. Occidental Petroleum requires options to vest before you can exercise them, so the holding-period clock for long-term capital-gains treatment starts as each tranche vests and you exercise it.
- Do Occidental Petroleum RSUs use double-trigger vesting?
- Yes. Occidental Petroleum restricted stock units (RSUs) vest only when two things both happen: the time-based schedule completes, and the company has a liquidity event such as an initial public offering (IPO) or an acquisition. Until both occur you do not own the shares and owe no tax on them.
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