Chevron Unusual Options Activity For September 14
Portfolio Pulse from Benzinga Insights
A significant bullish stance on Chevron (NYSE:CVX) has been observed through unusual options activity. The sentiment among these big-money traders is split between 54% bullish and 45% bearish. The whales have been targeting a price range from $150.0 to $200.0 for Chevron over the last 3 months. The price of CVX is up 0.63% at $167.25.
September 14, 2023 | 8:16 pm
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Unusual options activity indicates a significant bullish stance on Chevron. The target price range is $150-$200.
The unusual options activity, with a significant bullish stance, indicates that investors are expecting the price of Chevron to increase. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100