If you already own 100 shares
Income call
For income on OXY you already hold: sell the Oct 23 $67 call and take $43 now. If OXY climbs to $67 by Oct 23, your 100 shares are sold at $67, so only do it if you're happy selling there.
If it climbs past $67 your 100 shares are sold at $67 and you keep the $43. That is the trade working, not a loss.
The call order
ActionSell to open
ContractOXY Oct 23 $67 call
You get$43 (limit about $0.43)
If it climbsYour 100 shares sell at $67
Chance your shares are soldabout 14 in 100
After removing the trend-9% a year