Unpacking the Latest Options Trading Trends in Chevron
Portfolio Pulse from Benzinga Insights
Recent options trading trends in Chevron (NYSE:CVX) show a bearish stance among big-money investors, with 41% bearish and 33% bullish sentiment. Notably, 12 uncommon options trades were spotted, with a focus on a price window of $90 to $165. Analysts maintain a target price of $189.
September 24, 2024 | 7:46 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Chevron's recent options trading activity indicates a bearish sentiment among big-money investors, with 41% bearish and 33% bullish sentiment. The options trades focus on a price range of $90 to $165, while analysts maintain a target price of $189.
The article highlights a significant bearish sentiment among large investors in Chevron's options market, with a higher percentage of bearish trades. This could indicate expectations of a price decline. However, analysts maintain a positive target price, suggesting mixed signals.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100