Of course! While OC which means inside the text normally stands for "a real man", it could also mean other things depending on the context:
-In geography: OC can mean either Orange County in California or Florida.
-In business: OC can stand for either an Official Certificate or Operating Costs.
-In gaming: OC could mean "Overclocking", which means a computer's performance boosting.
Context plays a major role in what OC refers to in conversations.
Know more: https://radarro.com/oc-meaning/