CVX - Options Database

CVX

CHEVRON CORP NEW

$194.85 +0.97%

(7/22 18:13) ◀

Thursday, July 23, 2026 (3:40pm)

▶ (7/23 18:04)

◀ 7/23 15:43 ▶

Option Volume

Detail

ℹ

Current (07/23 3:40pm) 44,828

Calls: 34,516 (77%)

Puts: 10,312 (23%)

Prior (07/22) 24,748

Calls: 17,110 (69%)

Puts: 7,638 (31%)

Current vs Prior +81.14%

Calls: +101.73% (Calls)

Puts: +35.01% (Puts)

Prior 7-Day Total 266,984

Calls: 207,415 (78%)

Puts: 59,569 (22%)

Prior 7-Day Average 38,140

Calls: 29,630 (78%)

Puts: 8,509 (22%)

Current vs Prior 7-Day Avg +17.53%

Calls: +16.49%

Puts: +21.18%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/23 3:40pm) $21.65M

Calls: $18.63M (86%)

Puts: $3.03M (14%)

Prior (07/22) $13.44M

Calls: $10.69M (80%)

Puts: $2.75M (20%)

Current vs Prior +61.08%

Calls: +74.22%

Puts: +10.01%

Prior 7-Day Total $82.21M

Calls: $63.44M (77%)

Puts: $18.77M (23%)

Prior 7-Day Average $11.74M

Calls: $9.06M (77%)

Puts: $2.68M (23%)

Current vs Prior 7-Day Avg +84.37%

Calls: +105.51%

Puts: +12.89%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/23 3:40pm) 0.30

Prior (07/22) 0.45

Current vs Prior -33.07%

Prior 7-Day Average 0.33

Current vs Prior 7-Day Avg -9.76%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/23 3:40pm) 515,701

Calls: 309,837 (60%)

Puts: 205,864 (40%)

Prior (07/22) 509,925

Calls: 306,320 (60%)

Puts: 203,605 (40%)

Current vs Prior +1.13%

Prior 7-Day Total 3,520,867

Calls: 2,081,074 (59%)

Puts: 1,439,793 (41%)

Prior 7-Day Average 502,981

Calls: 297,296 (59%)

Puts: 205,684 (41%)

Current vs Prior 7-Day Avg +2.53%

Sentiment BEARISH

Expected Move

Detail

ℹ

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

Current 2.08% | 4.98%7.75% | 10.36%

Prior 2.99% | 5.32%7.86% | 10.42%

Current vs Prior -30.39% | -6.30%-1.30% | -0.57%

Prior 7-Day Avg 2.73% | 4.55%4.08% | 9.55%

Current vs 7-Day Avg -23.86% | +9.52%+90.13% | +8.41%

Prior 7-Day Eod 2.99% | 5.32%7.67% | 10.19%

Current vs 7-Day Eod -30.39% | -6.30%+1.05% | +1.66%

Sentiment BULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 13.48% | 7.35%

Calls: 19.34% | 6.33%

Puts: 7.63% | 8.37%

Prior 10.30% | 9.16%

Calls: 8.22% | 7.65%

Puts: 12.38% | 10.66%

Current vs Prior +30.87% | -19.76%

Prior 7-Day Avg 18.37% | 7.69%

Calls: 11.29% | 5.76%

Puts: 25.45% | 9.61%

Current vs 7-Day Avg -26.62% | -4.42%

Liquidity Expensive

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🤖 AI Insights

Strong bullish conviction with 86% of dollar volume in calls ($18.63M) vs puts ($3.03M). Elevated premium activity with dollar volume up 61% vs prior. Dollar volume significantly above 7-day average (84% higher). Above-average activity with volume up 81% vs prior.

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

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
15:40	BULLISH	BULLISH	BULLISH
15:05	BULLISH	BULLISH	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 82 of results (avg 7.2%, best 3.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Aug 21	6.35	6.55	$6.45	3.1%	137	0.49	3.5K
$190.00	Aug 21	9.05	9.35	$9.20	3.3%	102	0.61	3.5K
$200.00	Aug 21	4.25	4.40	$4.33	3.5%	691	0.38	4.7K
$190.00	Jul 31	7.00	7.30	$7.15	4.2%	555	0.69	1.3K
$170.00	Aug 21	25.30	26.45	$25.88	4.4%	27	0.98	2.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Aug 14	8.40	8.70	$8.55	3.5%	6	0.62	13
$185.00	Aug 7	1.43	1.50	$1.47	4.8%	11	0.20	816
$195.00	Aug 21	7.05	7.40	$7.23	4.8%	124	0.51	475
$190.00	Aug 21	4.65	4.90	$4.78	5.2%	56	0.39	3.1K
$195.00	Aug 14	5.55	5.85	$5.70	5.3%	70	0.49	342

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 7 found (avg $0.71, cheapest $0.41)

CALLS (2)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$220.00	Aug 21	0.64	0.73	$0.69	13.0%	113	0.09	3.3K
$207.50	Jul 31	0.70	0.83	$0.76	17.1%	2.5K	0.14	281

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$192.50	Jul 24	0.37	0.44	$0.41	17.1%	344	0.22	98
$170.00	Aug 21	0.49	0.59	$0.54	18.5%	468	0.07	7.5K
$180.00	Aug 7	0.66	0.77	$0.72	15.3%	3	0.11	128
$185.00	Jul 31	0.81	0.98	$0.90	18.9%	558	0.16	430
$175.00	Aug 21	0.87	1.01	$0.94	14.9%	41	0.11	1.8K

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 83 found (avg delta 0.82, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Jul 31	34.50	36.95	$35.73	6.9%	--	1.00	20
$165.00	Jul 31	29.60	32.00	$30.80	7.8%	1	1.00	95
$167.50	Jul 31	27.10	29.50	$28.30	8.5%	1	1.00	2
$170.00	Jul 31	24.65	27.05	$25.85	9.3%	52	1.00	220
$175.00	Jul 31	19.60	20.75	$20.18	5.7%	22	1.00	457

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$202.50	Jul 24	5.80	8.15	$6.98	33.7%	4	0.95	2
$200.00	Jul 24	4.00	5.60	$4.80	33.3%	84	0.92	16
$220.00	Aug 21	24.90	27.30	$26.10	9.2%	--	0.91	88
$220.00	Aug 28	25.35	27.60	$26.48	8.5%	--	0.89	78
$210.00	Aug 21	15.85	18.25	$17.05	14.1%	3	0.80	76

Most actively traded options today. High liquidity = easy entry/exit. 197 active (total vol 29.0K, top 2.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 24	0.13	0.16	$0.15	20.0%	2.8K	0.09	11.0K
$202.50	Jul 31	1.40	1.72	$1.56	20.5%	2.5K	0.25	163
$207.50	Jul 31	0.70	0.83	$0.76	17.1%	2.5K	0.14	281
$197.50	Jul 24	0.36	0.46	$0.41	24.4%	1.3K	0.22	689
$205.00	Jul 24	0.01	0.07	$0.04	150.0%	1.2K	0.02	432

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Jul 24	0.09	0.11	$0.10	20.0%	1.2K	0.07	627
$185.00	Jul 31	0.81	0.98	$0.90	18.9%	558	0.16	430
$170.00	Aug 21	0.49	0.59	$0.54	18.5%	468	0.07	7.5K
$195.00	Jul 31	4.00	4.35	$4.18	8.4%	394	0.49	19
$195.00	Jul 24	1.26	1.36	$1.31	7.6%	353	0.51	24

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 120.2%, max 513.3%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$230.00	Jul 24	Aug 28	214.8%	35.0%	513.3%	5	40
$160.00	Jul 24	Aug 28	160.0%	34.9%	358.2%	4	48
$170.00	Jul 24	Sep 4	123.9%	30.0%	313.5%	53	104
$220.00	Jul 24	Aug 28	118.2%	31.1%	279.9%	7	338
$165.00	Jul 24	Aug 28	107.5%	32.8%	227.9%	1	38

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$160.00	Jul 24	Aug 21	160.0%	35.2%	354.9%	36	2.6K
$170.00	Jul 24	Aug 28	123.9%	32.1%	286.2%	15	506
$172.50	Jul 24	Aug 21	105.1%	30.0%	250.4%	2	168
$165.00	Jul 24	Aug 28	107.5%	32.8%	227.9%	15	579
$177.50	Jul 24	Aug 21	79.1%	30.8%	157.2%	29	422

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 110 found (best R:R 40.67, avg 6.48)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$220.00	$225.00	Jul 24	$0.12	$4.88	$0.12	40.67	$220.12
$220.00	$225.00	Aug 7	$0.15	$4.85	$0.15	32.33	$220.15
$220.00	$230.00	Aug 28	$0.32	$9.68	$0.32	30.25	$220.32
$220.00	$225.00	Aug 21	$0.19	$4.81	$0.19	25.32	$220.19
$225.00	$230.00	Aug 21	$0.22	$4.78	$0.22	21.73	$225.22

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$165.00	$160.00	Aug 21	$0.12	$4.88	$0.12	40.67	$164.88
$165.00	$160.00	Aug 14	$0.17	$4.83	$0.17	28.41	$164.83
$167.50	$165.00	Jul 31	$0.11	$2.39	$0.11	21.73	$167.39
$170.00	$165.00	Aug 21	$0.24	$4.76	$0.24	19.83	$169.76
$180.00	$177.50	Jul 31	$0.15	$2.35	$0.15	15.67	$179.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 146 found (best R:R 37.46, avg 2.52)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$160.00	$165.00	Aug 28	$4.87	$4.87	$0.13	37.46	$164.87
$165.00	$170.00	Aug 7	$4.85	$4.85	$0.15	32.33	$169.85
$175.00	$177.50	Aug 7	$2.40	$2.40	$0.10	24.00	$177.40
$190.00	$192.50	Jul 24	$2.36	$2.36	$0.14	16.86	$192.36
$177.50	$180.00	Aug 7	$2.35	$2.35	$0.15	15.67	$179.85

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$220.00	$210.00	Aug 21	$9.05	$9.05	$0.95	9.53	$210.95
$202.50	$200.00	Jul 24	$2.18	$2.18	$0.32	6.81	$200.32
$220.00	$200.00	Aug 28	$15.83	$15.83	$4.17	3.80	$204.17
$200.00	$197.50	Jul 24	$1.92	$1.92	$0.58	3.31	$198.08
$205.00	$202.50	Aug 21	$1.90	$1.90	$0.60	3.17	$203.10

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 37 found (avg debit $1.20, cheapest $0.06)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$225.00	Jul 24	Jul 31	$0.10	92.7%	47.5%
$160.00	Jul 24	Jul 31	$0.13	160.0%	51.4%
$167.50	Jul 24	Jul 31	$0.17	98.5%	52.3%
$165.00	Jul 24	Jul 31	$0.22	107.5%	46.1%
$215.00	Jul 24	Jul 31	$0.24	83.1%	41.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$170.00	Jul 24	Jul 31	$0.06	123.9%	48.5%
$175.00	Jul 24	Jul 31	$0.11	72.1%	38.4%
$167.50	Jul 24	Jul 31	$0.13	98.5%	52.3%
$177.50	Jul 24	Jul 31	$0.17	79.1%	37.9%
$180.00	Jul 24	Jul 31	$0.33	65.9%	37.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 81 found (cheapest 1.30% of stock, avg 9.08%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$195.00	Jul 24	$1.22	$1.31	$2.53	$192.47	$197.53	1.30%
$192.50	Jul 24	$2.74	$0.41	$3.15	$189.35	$195.65	1.62%
$197.50	Jul 24	$0.41	$2.88	$3.29	$194.21	$200.79	1.69%
$200.00	Jul 24	$0.15	$4.80	$4.95	$195.05	$204.95	2.54%
$190.00	Jul 24	$5.10	$0.10	$5.20	$184.80	$195.20	2.67%
$202.50	Jul 24	$0.08	$6.98	$7.06	$195.44	$209.56	3.62%
$187.50	Jul 24	$7.83	$0.03	$7.86	$179.64	$195.36	4.03%
$195.00	Jul 31	$4.18	$4.18	$8.36	$186.64	$203.36	4.29%
$192.50	Jul 31	$5.53	$3.04	$8.57	$183.93	$201.07	4.40%
$197.50	Jul 31	$3.09	$5.55	$8.64	$188.86	$206.14	4.43%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 145 found (cheapest 0.13% of stock, avg 2.89%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$200.00	$190.00	Jul 24	$0.15	$0.10	$0.25	$189.75	$200.25
$197.50	$190.00	Jul 24	$0.41	$0.10	$0.51	$189.49	$198.01
$200.00	$192.50	Jul 24	$0.15	$0.41	$0.56	$191.94	$200.56
$197.50	$192.50	Jul 24	$0.41	$0.41	$0.82	$191.68	$198.32
$230.00	$190.00	Jul 24	$0.78	$0.10	$0.88	$189.12	$230.88
$230.00	$192.50	Jul 24	$0.78	$0.41	$1.19	$191.31	$231.19
$220.00	$175.00	Aug 14	$0.65	$0.60	$1.25	$173.75	$221.25
$195.00	$190.00	Jul 24	$1.22	$0.10	$1.32	$188.68	$196.32
$215.00	$175.00	Aug 14	$0.90	$0.60	$1.50	$173.50	$216.50
$195.00	$192.50	Jul 24	$1.22	$0.41	$1.63	$190.87	$196.63

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 134 found (best R:R 44.45, avg credit $2.55)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
170/175	180/185	Aug 28	$4.89	$0.11	44.45	$170.11	$184.89
160/165	170/175	Aug 14	$4.85	$0.15	32.33	$160.15	$174.85
165/170	180/185	Aug 28	$4.85	$0.15	32.33	$165.15	$184.85
180/182	185/188	Aug 21	$2.40	$0.10	24.00	$180.10	$187.40
165/170	175/180	Aug 28	$4.80	$0.20	24.00	$165.20	$179.80
160/165	180/185	Aug 14	$4.79	$0.21	22.81	$160.21	$184.79
180/182	185/188	Jul 31	$2.34	$0.16	14.62	$180.16	$187.34
178/180	185/188	Jul 31	$2.32	$0.18	12.89	$177.68	$187.32
165/168	180/182	Aug 7	$2.32	$0.18	12.89	$165.18	$182.32
165/168	188/190	Aug 7	$2.31	$0.19	12.16	$165.19	$189.81

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 113 found (best R:R 99.00, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$210.00	$215.00	$220.00	Jul 24	$0.09	$4.91	54.56
$160.00	$165.00	$170.00	Aug 7	$0.09	$4.91	54.56
$165.00	$167.50	$170.00	Jul 31	$0.05	$2.45	49.00
$190.00	$192.50	$195.00	Aug 7	$0.05	$2.45	49.00
$215.00	$220.00	$225.00	Aug 7	$0.11	$4.89	44.45

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$170.00	$175.00	$180.00	Aug 14	$0.05	$4.95	99.00
$187.50	$190.00	$192.50	Aug 7	$0.05	$2.45	49.00
$185.00	$187.50	$190.00	Jul 24	$0.06	$2.44	40.67
$172.50	$175.00	$177.50	Jul 31	$0.06	$2.44	40.67
$175.00	$177.50	$180.00	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. 132 found (best net $-0.38, 115 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$170.00	$185.00	1:2	Sep 4	-$0.38	$14.62
$220.00	$230.00	1:2	Aug 28	-$0.27	$9.73
$225.00	$230.00	1:2	Jul 31	-$0.03	$4.97
$205.00	$210.00	1:2	Jul 24	-$0.04	$4.96
$210.00	$215.00	1:2	Jul 24	-$0.04	$4.96

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$165.00	$160.00	1:2	Jul 31	-$0.01	$4.99
$185.00	$180.00	1:2	Aug 14	-$0.04	$4.96
$165.00	$160.00	1:2	Aug 21	-$0.06	$4.94
$170.00	$165.00	1:2	Aug 21	-$0.06	$4.94
$170.00	$165.00	1:2	Aug 28	-$0.11	$4.89

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 49 found (best yield 3.41%, avg 1.08%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$195.00	Aug 28	$6.65	0.49	0.1%	3.41%	3.49%	43	199
$195.00	Aug 21	$6.35	0.49	0.1%	3.26%	3.34%	137	3.5K
$195.00	Aug 14	$5.85	0.51	0.1%	3.00%	3.08%	46	561
$197.50	Aug 21	$5.15	0.43	1.4%	2.64%	4.00%	43	118
$195.00	Aug 7	$5.05	0.51	0.1%	2.59%	2.67%	202	1.2K
$200.00	Aug 28	$4.60	0.39	2.6%	2.36%	5.00%	287	507
$200.00	Aug 21	$4.25	0.38	2.6%	2.18%	4.82%	691	4.7K
$200.00	Sep 4	$4.15	0.40	2.6%	2.13%	4.77%	7	--
$195.00	Jul 31	$4.00	0.50	0.1%	2.05%	2.13%	377	1.6K
$197.50	Aug 7	$3.95	0.43	1.4%	2.03%	3.39%	72	35

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 34,516

Total Puts 10,312

Put/Call Ratio 0.30

Net Difference 24,204

Prior's Put/Call Breakdown

Total Calls 17,110

Total Puts 7,638

Put/Call Ratio 0.45

Net Difference 9,472

Prior 7-Day Put/Call Summary

Total Calls 207,415

Total Puts 59,569

Average Put/Call Ratio 0.33

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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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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