Chevron Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A large bullish position on Chevron (NYSE:CVX) has been spotted, with 66% of big-money traders being bullish and 33% bearish. Whales have been targeting a price range of $140 to $175 for Chevron over the last 3 months. Chevron's stock price is currently at $156.48, up 0.14%.
June 05, 2023 | 5:17 pm
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A large bullish position has been spotted on Chevron (NYSE:CVX), with 66% of big-money traders being bullish and 33% bearish. Chevron's stock price is currently at $156.48, up 0.14%.
The large bullish position on Chevron indicates that big-money traders believe the stock price will increase in the short term. With 66% of these traders being bullish and the stock price currently up 0.14%, it is likely that the stock price will continue to rise in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100