Decoding Chevron's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Recent options activity for Chevron (NYSE:CVX) indicates a mixed sentiment among big-money investors, with a notable number of uncommon trades. The options trades suggest a price target range of $120 to $160, with a significant amount of puts and calls. Chevron's stock is currently down 1.62% at $138.64, and RSI indicators suggest it may be oversold. The next earnings report is expected in 49 days.
September 06, 2024 | 8:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Chevron's options activity shows a mixed sentiment with a significant number of uncommon trades. The stock is currently down 1.62% and may be oversold, suggesting potential for a rebound. Investors are eyeing a price range of $120 to $160.
The article highlights unusual options activity for Chevron, with a mix of bullish and bearish sentiment. The stock's current price and RSI suggest it may be oversold, indicating potential for a rebound. The options activity points to a price range of $120 to $160, which could influence short-term price movements.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100