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This Is What Whales Are Betting On Chevron

Benzinga ·  May 16 02:01

Investors with a lot of money to spend have taken a bearish stance onChevron(NYSE:CVX).

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with CVX, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 14 uncommon options trades for Chevron.

This isn't normal.

The overall sentiment...

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