Chevron's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Chevron has seen a surge in options trading activity, with a majority of trades showing a bearish sentiment. The stock is currently trading at $147.04, down by 0.98%, and analysts have mixed ratings with target prices ranging from $154 to $185. The options market indicates a price window of $125 to $165 for Chevron.
August 27, 2024 | 6:15 pm
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Chevron's options trading shows a bearish trend with 57% of trades being bearish. The stock is currently trading at $147.04, down by 0.98%. Analysts have mixed ratings with target prices ranging from $154 to $185.
The majority of options trades are bearish, indicating a negative sentiment among investors. The stock's current price is down, and the RSI suggests it may be oversold. Analysts' target prices vary, but the bearish options activity suggests a short-term downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100