Market Whales and Their Recent Bets on CVX Options
Portfolio Pulse from Benzinga Insights
Recent options trading activity on Chevron (NYSE:CVX) indicates a mixed sentiment among big-money investors, with a significant number of both bullish and bearish trades. The trading activity suggests a price range of $125 to $170 for Chevron over the next three months. Analysts have mixed ratings on the stock, with target prices ranging from $166 to $205.
June 03, 2024 | 7:30 pm
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Recent options trading activity on Chevron (NYSE:CVX) shows a mixed sentiment among big-money investors, with a significant number of both bullish and bearish trades. The trading activity suggests a price range of $125 to $170 for Chevron over the next three months.
The mixed sentiment among big-money investors, as evidenced by the significant number of both bullish and bearish options trades, suggests uncertainty in the short-term price direction of Chevron. The predicted price range of $125 to $170 indicates potential volatility.
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