We investigate collineation groups of a finite projective plane of odd order n fixing an oval and having two orbits on it, one of which is assumed to be primitive. The situation in which the group fixes a point off the oval is considered. We prove that it occurs in a Desarguesian plane if and only if (n + 1)/2 is an odd prime, the group lying in the normalizer of a Singer cycle of PGL(2, n) in this case. For an arbitrary plane we show that the group cannot contain Baer involutions and derive a number of structural and numerical properties in the case where the group has even order. The existence question for a non-Desarguesian example is addressed but remains unanswered, although such an example cannot have order n less than or equal to 23 ...