Benzinga's options scanner has just identified more than 10 option transactions on Chevron (NYSE:CVX), with a cumulative value of $857,330. Concurrently, our algorithms picked up 2 puts, worth a total of 67,694.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $148.0 and $175.0 for Chevron, spanning the last three months.

Volume & Open Interest Trends

In terms of liquidity and interest, the mean open interest for Chevron options trades today is 7446.8 with a total volume of 83,433.00.

In the following chart, we are able to...