Whales with a lot of money to spend have taken a noticeably bearish stance onChevron.

Looking at options history for Chevron (NYSE:CVX) we detected 9 trades.

If we consider the specifics of each trade, it is accurate to state that 33% of the investors opened trades with bullish expectations and 66% with bearish.

From the overall spotted trades, 5 are puts, for a total amount of $283,032 and 4, calls, for a total amount of $198,980.

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $155.0 to $180.0 for Chevron over the recent three...