Looking At Chevron's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed in Chevron (NYSE:CVX), with 14 uncommon trades spotted, split between 64% bullish and 35% bearish. Whales have been targeting a price range of $150 to $180 for Chevron over the last 3 months.
June 20, 2023 | 2:47 pm
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NEUTRAL IMPACT
Chevron has seen unusual options activity, with 14 uncommon trades and a price target range of $150 to $180. This could indicate potential short-term price movement.
The unusual options activity in Chevron indicates that there is significant interest from big-money traders, which could lead to short-term price movement. However, the overall sentiment is split between 64% bullish and 35% bearish, making it difficult to predict a clear direction for the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100