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What the Options Market Tells Us About Chevron

Benzinga ·  Oct 22 01:30

Financial giants have made a conspicuous bullish move on Chevron. Our analysis of options history for Chevron (NYSE:CVX) revealed 12 unusual trades.

Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $171,580, and 8 were calls, valued at $403,665.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $135.0 to $165.0 for Chevron during the past quarter.

Volume & Open Interest Development

Examining the volume and open interest provides crucial...

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