Much was expected from Oxlade-Chamberlain when he joined Arsenal back in 2011, having come through the ranks at Southampton, but the midfielder has yet to realise his full potential.
The England international has suffered with a string of injuries and made just 52 Premier League starts since arriving at the Emirates.
A loss of form has also contributed to his reduced playing time and there were reports linking the 23-year-old with a switch to Manchester City, Liverpool and West Ham in the summer transfer window.
The former Saints youth star decided to remain at the Gunners but first-team opportunities are still limited, having made the starting 11 just three times in the league so far.
Oxlade-Chamberlain says his reduced playing time is becoming a frustration and he will reflect on the situation when the current campaign comes to an end.
He admitted on Goals on Sunday: "Yeah I’d be lying, if I said it hadn’t crossed my mind. I’m not happy when I’m not playing as with any player. But my focus is completely and utterly on playing for Arsenal and trying to get in the team.
"My sole aim is to help Arsenal, I love being at Arsenal, but as you said, there is that in my mind where I do want to get more game time and there comes a time when you have to re-evaluate whether I’m better off here or there. I’ll do that at the end of the season and see what’s happening."