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

Delving into the details, we found 25% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 8 were puts, with a value of $839,579, and 4 were calls, valued at $462,055.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $130.0 to $152.5 for Chevron over the recent three months.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research...