Chevron Unusual Options Activity For September 20
Portfolio Pulse from Benzinga Insights
Chevron has seen unusual options activity with a bearish sentiment, as 62% of trades were bearish. The options activity suggests a targeted price range of $80 to $155. Despite this, analysts maintain a positive outlook with a price target of $189.
September 20, 2024 | 5:47 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Chevron's options activity shows a bearish sentiment with 62% of trades being bearish. However, analysts maintain a positive outlook with a price target of $189.
The unusual options activity indicates a bearish sentiment among traders, with 62% of trades being bearish. This could lead to short-term downward pressure on Chevron's stock price. However, the positive analyst ratings and price target of $189 suggest a longer-term bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100