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Spotlight on Chevron: Analyzing the Surge in Options Activity

Benzinga ·  Dec 3 02:30

Financial giants have made a conspicuous bearish move on Chevron. Our analysis of options history for Chevron (NYSE:CVX) revealed 9 unusual trades.

Delving into the details, we found 33% of traders were bullish, while 44% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $149,620, and 5 were calls, valued at $297,165.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $120.0 to $170.0 for Chevron over the recent three months.

Analyzing Volume & Open Interest

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

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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