Financial giants have made a conspicuous bearish move on Chevron. Our analysis of options history for Chevron (NYSE:CVX) revealed 10 unusual trades.

Delving into the details, we found 20% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $173,100, and 7 were calls, valued at $362,356.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $75.0 to $170.0 for Chevron over the last 3 months.

Volume & Open Interest Trends

Looking at the volume and open interest is a powerful...