Smart Money Is Betting Big In CVX Options
Portfolio Pulse from Benzinga Insights
Whales are showing a bullish stance on Chevron (NYSE:CVX) with significant options activity. 41% of trades are bullish, and 41% are bearish. The price range eyed is $130 to $185. Chevron's stock is up 2.27% to $159.12, with an upcoming earnings report in 18 days. Analysts have an average target price of $180.
July 15, 2024 | 4:45 pm
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Whales are showing a bullish stance on Chevron with significant options activity. The stock is up 2.27% to $159.12, with an average analyst target price of $180. The next earnings report is in 18 days.
The significant options activity, particularly the bullish trades, indicates strong investor interest and confidence in Chevron's short-term performance. The stock's recent price increase and positive analyst ratings further support a bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100