CVX - Options Database

CVX

CHEVRON CORP NEW

$193.27 +1.15%

(7/21 18:03) ◀

Wednesday, July 22, 2026 (3:05pm)

▶ (7/22 18:13)

◀ 7/22 15:05 ▶

Option Volume

Detail

ℹ

Current (07/22 3:05pm) 24,748

Calls: 17,110 (69%)

Puts: 7,638 (31%)

Prior (07/21) 54,115

Calls: 45,503 (84%)

Puts: 8,612 (16%)

Current vs Prior -54.27%

Calls: -62.40% (Calls)

Puts: -11.31% (Puts)

Prior 7-Day Total 242,291

Calls: 187,468 (77%)

Puts: 54,823 (23%)

Prior 7-Day Average 34,613

Calls: 26,781 (77%)

Puts: 7,831 (23%)

Current vs Prior 7-Day Avg -28.50%

Calls: -36.11%

Puts: -2.48%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/22 3:05pm) $13.44M

Calls: $10.69M (80%)

Puts: $2.75M (20%)

Prior (07/21) $15.84M

Calls: $12.57M (79%)

Puts: $3.28M (21%)

Current vs Prior -15.16%

Calls: -14.92%

Puts: -16.06%

Prior 7-Day Total $75.85M

Calls: $58.59M (77%)

Puts: $17.26M (23%)

Prior 7-Day Average $10.84M

Calls: $8.37M (77%)

Puts: $2.47M (23%)

Current vs Prior 7-Day Avg +24.06%

Calls: +27.73%

Puts: +11.60%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/22 3:05pm) 0.45

Prior (07/21) 0.19

Current vs Prior +135.87%

Prior 7-Day Average 0.33

Current vs Prior 7-Day Avg +37.07%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/22 3:05pm) 509,925

Calls: 306,320 (60%)

Puts: 203,605 (40%)

Prior (07/21) 477,298

Calls: 277,480 (58%)

Puts: 199,818 (42%)

Current vs Prior +6.84%

Prior 7-Day Total 3,550,767

Calls: 2,102,729 (59%)

Puts: 1,448,038 (41%)

Prior 7-Day Average 507,252

Calls: 300,389 (59%)

Puts: 206,862 (41%)

Current vs Prior 7-Day Avg +0.53%

Sentiment BEARISH

Expected Move

Detail

ℹ

WKMO Expiry (07/24) | Next (07/31)Expiry (08/21) | Next (09/18)

Current 2.56% | 4.94%7.72% | 10.19%

Prior 3.40% | 5.48%7.97% | 10.51%

Current vs Prior -24.78% | -9.86%-3.13% | -3.06%

Prior 7-Day Avg 2.52% | 4.30%3.46% | 9.37%

Current vs 7-Day Avg +1.67% | +15.00%+123.10% | +8.73%

Prior 7-Day Eod 3.40% | 5.48%7.84% | 10.39%

Current vs 7-Day Eod -24.78% | -9.86%-1.47% | -1.89%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 12.98% | 10.28%

Calls: 10.14% | 5.46%

Puts: 15.83% | 15.09%

Prior 10.53% | 8.02%

Calls: 10.53% | 5.17%

Puts: 10.53% | 10.87%

Current vs Prior +23.27% | +28.18%

Prior 7-Day Avg 23.29% | 7.55%

Calls: 12.43% | 5.97%

Puts: 34.16% | 9.12%

Current vs 7-Day Avg -44.27% | +36.21%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 80% of dollar volume in calls ($10.69M) vs puts ($2.75M). Below-average activity with volume down 54% vs prior. Extreme bullish P/C ratio of 0.45 - heavy call buying (17,110 calls vs 7,638 puts). P/C ratio rising 136% - increased hedging/bearish positioning.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BULLISH

7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 84 of results (avg 6.9%, best 3.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Aug 21	5.50	5.70	$5.60	3.6%	196	0.45	3.5K
$190.00	Aug 21	8.00	8.30	$8.15	3.7%	106	0.57	3.5K
$192.50	Aug 21	6.65	6.90	$6.78	3.7%	74	0.51	51
$190.00	Aug 14	7.60	7.90	$7.75	3.9%	22	0.60	465
$180.00	Aug 21	14.95	15.55	$15.25	3.9%	39	0.82	2.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Aug 21	5.20	5.40	$5.30	3.8%	545	0.43	3.1K
$185.00	Aug 21	3.25	3.40	$3.33	4.5%	75	0.31	541
$192.50	Aug 21	6.50	6.80	$6.65	4.5%	53	0.49	1
$195.00	Aug 14	6.35	6.70	$6.53	5.4%	--	0.53	342
$195.00	Aug 7	5.75	6.10	$5.93	5.9%	2	0.54	6

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 12 found (avg $0.60, cheapest $0.18)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 24	0.16	0.19	$0.18	16.7%	916	0.08	11.1K
$210.00	Jul 31	0.34	0.41	$0.38	18.4%	34	0.08	498
$220.00	Aug 21	0.48	0.54	$0.51	11.8%	601	0.07	2.8K
$210.00	Aug 7	0.66	0.80	$0.73	19.2%	15	0.12	299
$205.00	Jul 31	0.79	0.87	$0.83	9.6%	359	0.15	1.9K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$187.50	Jul 24	0.19	0.23	$0.21	19.0%	394	0.10	1.4K
$165.00	Aug 21	0.33	0.38	$0.36	13.9%	123	0.05	1.5K
$190.00	Jul 24	0.55	0.64	$0.60	15.0%	738	0.23	119
$170.00	Aug 21	0.60	0.72	$0.66	18.2%	94	0.08	7.6K
$172.50	Aug 21	0.80	0.91	$0.86	12.8%	13	0.10	7

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 77 found (avg delta 0.82, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Jul 24	32.05	33.95	$33.00	5.8%	10	1.00	17
$165.00	Jul 24	26.80	29.20	$28.00	8.6%	--	1.00	27
$170.00	Jul 24	22.05	23.85	$22.95	7.8%	--	1.00	104
$172.50	Jul 24	19.55	21.20	$20.38	8.1%	2	1.00	74
$175.00	Jul 24	17.80	18.80	$18.30	5.5%	23	1.00	366

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Aug 21	27.85	29.90	$28.88	7.1%	--	0.92	88
$200.00	Jul 24	5.90	8.05	$6.98	30.8%	1	0.92	16
$220.00	Aug 28	27.90	30.50	$29.20	8.9%	--	0.91	78
$210.00	Aug 21	18.70	20.20	$19.45	7.7%	--	0.83	76
$197.50	Jul 24	3.85	5.70	$4.78	38.7%	41	0.82	6

Most actively traded options today. High liquidity = easy entry/exit. 166 active (total vol 15.4K, top 1.9K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Jul 24	0.95	1.09	$1.02	13.7%	1.9K	0.35	2.1K
$200.00	Jul 24	0.16	0.19	$0.18	16.7%	916	0.08	11.1K
$192.50	Jul 24	2.06	2.28	$2.17	10.1%	834	0.57	3.0K
$197.50	Jul 24	0.36	0.50	$0.43	32.6%	728	0.18	770
$205.00	Aug 21	2.20	2.35	$2.28	6.6%	624	0.24	24.0K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Jul 24	0.55	0.64	$0.60	15.0%	738	0.23	119
$190.00	Aug 21	5.20	5.40	$5.30	3.8%	545	0.43	3.1K
$187.50	Aug 21	4.15	4.50	$4.33	8.1%	437	0.37	11
$175.00	Jul 24	0.00	0.02	$0.01	200.0%	413	0.00	2.5K
$187.50	Jul 24	0.19	0.23	$0.21	19.0%	394	0.10	1.4K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 40 strikes (avg 92.6%, max 348.8%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$155.00	Jul 24	Aug 28	178.4%	39.8%	348.8%	52	84
$215.00	Jul 24	Aug 28	120.4%	30.5%	294.2%	11	435
$225.00	Jul 24	Aug 21	99.2%	31.4%	216.0%	--	52
$160.00	Jul 24	Aug 28	108.9%	34.6%	215.0%	10	42
$230.00	Jul 24	Aug 21	93.2%	32.6%	186.2%	16	892

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$155.00	Jul 24	Aug 28	178.4%	39.8%	348.8%	2	280
$167.50	Jul 24	Aug 21	108.0%	32.4%	233.5%	2	36
$160.00	Jul 24	Aug 28	108.9%	34.6%	215.0%	8	1.4K
$172.50	Jul 24	Aug 21	79.2%	30.6%	158.8%	22	153
$165.00	Jul 24	Aug 28	77.1%	31.2%	146.9%	117	599

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 104 found (best R:R 49.00, avg 6.69)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$215.00	$220.00	Aug 7	$0.15	$4.85	$0.15	32.33	$215.15
$210.00	$215.00	Jul 31	$0.17	$4.83	$0.17	28.41	$210.17
$220.00	$225.00	Aug 21	$0.21	$4.79	$0.21	22.81	$220.21
$207.50	$210.00	Jul 31	$0.12	$2.38	$0.12	19.83	$207.62
$210.00	$215.00	Aug 7	$0.30	$4.70	$0.30	15.67	$210.30

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$165.00	$160.00	Aug 28	$0.10	$4.90	$0.10	49.00	$164.90
$160.00	$155.00	Aug 21	$0.11	$4.89	$0.11	44.45	$159.89
$165.00	$160.00	Aug 14	$0.15	$4.85	$0.15	32.33	$164.85
$165.00	$160.00	Aug 21	$0.16	$4.84	$0.16	30.25	$164.84
$175.00	$172.50	Aug 7	$0.12	$2.38	$0.12	19.83	$174.88

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 143 found (best R:R 40.67, avg 2.92)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$155.00	$160.00	Jul 31	$4.88	$4.88	$0.12	40.67	$159.88
$165.00	$170.00	Aug 28	$4.80	$4.80	$0.20	24.00	$169.80
$160.00	$165.00	Aug 28	$4.77	$4.77	$0.23	20.74	$164.77
$165.00	$170.00	Aug 21	$4.72	$4.72	$0.28	16.86	$169.72
$180.00	$182.50	Jul 24	$2.35	$2.35	$0.15	15.67	$182.35

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$220.00	$210.00	Aug 21	$9.43	$9.43	$0.57	16.54	$210.57
$200.00	$197.50	Jul 24	$2.20	$2.20	$0.30	7.33	$197.80
$220.00	$195.00	Aug 28	$20.63	$20.63	$4.37	4.72	$199.37
$197.50	$195.00	Jul 24	$2.00	$2.00	$0.50	4.00	$195.50
$210.00	$200.00	Aug 21	$7.95	$7.95	$2.05	3.88	$202.05

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 36 found (avg debit $0.94, cheapest $0.06)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$225.00	Jul 24	Jul 31	$0.06	99.2%	50.5%
$230.00	Jul 24	Jul 31	$0.07	93.2%	51.8%
$172.50	Jul 24	Jul 31	$0.10	79.2%	41.1%
$175.00	Jul 24	Jul 31	$0.12	50.9%	36.9%
$167.50	Jul 24	Jul 31	$0.17	108.0%	73.5%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$172.50	Jul 24	Jul 31	$0.07	79.2%	41.1%
$170.00	Jul 24	Jul 31	$0.11	70.8%	42.8%
$175.00	Jul 24	Jul 31	$0.19	50.9%	36.9%
$177.50	Jul 24	Jul 31	$0.25	46.5%	34.9%
$220.00	Aug 21	Aug 28	$0.32	31.1%	30.8%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 77 found (cheapest 1.84% of stock, avg 9.51%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$192.50	Jul 24	$2.17	$1.39	$3.56	$188.94	$196.06	1.84%
$195.00	Jul 24	$1.02	$2.78	$3.80	$191.20	$198.80	1.97%
$190.00	Jul 24	$3.78	$0.60	$4.38	$185.62	$194.38	2.27%
$197.50	Jul 24	$0.43	$4.78	$5.21	$192.29	$202.71	2.70%
$187.50	Jul 24	$6.05	$0.21	$6.26	$181.24	$193.76	3.24%
$200.00	Jul 24	$0.18	$6.98	$7.16	$192.84	$207.16	3.70%
$185.00	Jul 24	$8.18	$0.08	$8.26	$176.74	$193.26	4.27%
$192.50	Jul 31	$4.58	$3.70	$8.28	$184.22	$200.78	4.28%
$195.00	Jul 31	$3.40	$4.97	$8.37	$186.63	$203.37	4.33%
$197.50	Jul 31	$2.46	$6.30	$8.76	$188.74	$206.26	4.53%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 137 found (cheapest 0.20% of stock, avg 2.72%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$200.00	$187.50	Jul 24	$0.18	$0.21	$0.39	$187.11	$200.39
$197.50	$187.50	Jul 24	$0.43	$0.21	$0.64	$186.86	$198.14
$200.00	$190.00	Jul 24	$0.18	$0.60	$0.78	$189.22	$200.78
$197.50	$190.00	Jul 24	$0.43	$0.60	$1.03	$188.97	$198.53
$215.00	$170.00	Aug 14	$0.63	$0.40	$1.03	$168.97	$216.03
$195.00	$187.50	Jul 24	$1.02	$0.21	$1.23	$186.27	$196.23
$215.00	$187.50	Jul 24	$1.07	$0.21	$1.28	$186.22	$216.28
$215.00	$175.00	Aug 14	$0.63	$0.74	$1.37	$173.63	$216.37
$200.00	$192.50	Jul 24	$0.18	$1.39	$1.57	$190.93	$201.57
$210.00	$170.00	Aug 14	$1.19	$0.40	$1.59	$168.41	$211.59

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 150 found (best R:R 28.41, avg credit $2.50)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
160/165	170/175	Aug 14	$4.83	$0.17	28.41	$160.17	$174.83
155/160	165/170	Aug 21	$4.83	$0.17	28.41	$155.17	$169.83
160/165	170/175	Aug 21	$4.79	$0.21	22.81	$160.21	$174.79
165/168	170/175	Aug 21	$4.79	$0.21	22.81	$162.71	$174.79
155/160	170/175	Aug 21	$4.74	$0.26	18.23	$155.26	$174.74
182/185	188/190	Aug 21	$2.35	$0.15	15.67	$182.65	$189.85
165/168	172/175	Jul 24	$2.30	$0.20	11.50	$165.20	$174.80
180/182	188/190	Aug 21	$2.30	$0.20	11.50	$180.20	$189.80
170/172	180/182	Aug 7	$2.27	$0.23	9.87	$170.23	$182.27
160/165	170/175	Aug 28	$4.52	$0.48	9.42	$160.48	$174.52

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 121 found (best R:R 70.43, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$210.00	$215.00	$220.00	Jul 31	$0.07	$4.93	70.43
$180.00	$185.00	$190.00	Aug 14	$0.07	$4.93	70.43
$165.00	$170.00	$175.00	Aug 21	$0.09	$4.91	54.56
$220.00	$225.00	$230.00	Aug 21	$0.11	$4.89	44.45
$200.00	$202.50	$205.00	Jul 24	$0.07	$2.43	34.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$155.00	$160.00	$165.00	Jul 31	$0.07	$4.93	70.43
$180.00	$182.50	$185.00	Jul 24	$0.05	$2.45	49.00
$180.00	$182.50	$185.00	Aug 21	$0.05	$2.45	49.00
$155.00	$160.00	$165.00	Aug 28	$0.11	$4.89	44.45
$172.50	$175.00	$177.50	Jul 31	$0.06	$2.44	40.67

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 126 found (best net $-0.44, 107 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$220.00	$230.00	1:2	Aug 14	-$0.44	$9.56
$215.00	$220.00	1:2	Jul 31	-$0.01	$4.99
$225.00	$230.00	1:2	Jul 31	-$0.02	$4.98
$210.00	$215.00	1:2	Jul 31	-$0.04	$4.96
$210.00	$215.00	1:2	Aug 14	-$0.07	$4.93

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$210.00	$200.00	1:2	Aug 21	-$3.55	$6.45
$165.00	$160.00	1:2	Jul 31	-$0.03	$4.97
$165.00	$160.00	1:2	Aug 21	-$0.04	$4.96
$165.00	$160.00	1:2	Aug 14	-$0.06	$4.94
$175.00	$170.00	1:2	Aug 14	-$0.06	$4.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 37 found (best yield 2.87%, avg 1.04%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$195.00	Aug 28	$5.55	0.45	0.9%	2.87%	3.77%	61	200
$195.00	Aug 21	$5.50	0.45	0.9%	2.85%	3.74%	196	3.5K
$195.00	Aug 14	$5.00	0.47	0.9%	2.59%	3.48%	20	559
$197.50	Aug 21	$4.40	0.39	2.2%	2.28%	4.47%	44	82
$195.00	Aug 7	$4.30	0.46	0.9%	2.22%	3.12%	85	1.2K
$200.00	Aug 28	$3.80	0.35	3.5%	1.97%	5.45%	29	219
$200.00	Aug 21	$3.55	0.34	3.5%	1.84%	5.32%	396	4.4K
$195.00	Jul 31	$3.30	0.44	0.9%	1.71%	2.60%	322	1.5K
$197.50	Aug 7	$3.20	0.39	2.2%	1.66%	3.84%	20	12
$200.00	Aug 14	$3.10	0.34	3.5%	1.60%	5.09%	22	339

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 17,110

Total Puts 7,638

Put/Call Ratio 0.45

Net Difference 9,472

Prior's Put/Call Breakdown

Total Calls 45,503

Total Puts 8,612

Put/Call Ratio 0.19

Net Difference 36,891

Prior 7-Day Put/Call Summary

Total Calls 187,468

Total Puts 54,823

Average Put/Call Ratio 0.33

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

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