CVX - Options Database

CVX

CHEVRON CORP NEW

$194.85 +0.97%

$194.90 (+0.06%)🌙

as of 07/24 06:51 PM

(7/23 18:04) ◀

Thursday, July 23, 2026 (6:50pm)

▶

◀ 7/23 18:53

Option Volume

Detail

ℹ

Current (07/23 6:50pm) 44,828

Calls: 34,516 (77%)

Puts: 10,312 (23%)

Prior (07/22 3:05pm) 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 278,663

Calls: 216,278 (78%)

Puts: 62,385 (22%)

Prior 7-Day Average 39,809

Calls: 30,896 (78%)

Puts: 8,912 (22%)

Current vs Prior 7-Day Avg +12.61%

Calls: +11.71%

Puts: +15.71%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (07/23 6:50pm) $21.65M

Calls: $18.63M (86%)

Puts: $3.03M (14%)

Prior (07/22 3:05pm) $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 $94.35M

Calls: $73.67M (78%)

Puts: $20.68M (22%)

Prior 7-Day Average $13.48M

Calls: $10.52M (78%)

Puts: $2.95M (22%)

Current vs Prior 7-Day Avg +60.64%

Calls: +76.98%

Puts: +2.45%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (07/23 6:50pm) 0.30

Prior (07/22 3:05pm) 0.45

Current vs Prior -33.07%

Prior 7-Day Average 0.33

Current vs Prior 7-Day Avg -10.67%

Sentiment BULLISH

Open Interest

Detail

ℹ

Current (07/23 6:50pm) 515,701

Calls: 309,837 (60%)

Puts: 205,864 (40%)

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

Calls: 306,320 (60%)

Puts: 203,605 (40%)

Current vs Prior +1.13%

Prior 7-Day Total 3,409,606

Calls: 2,097,540 (59%)

Puts: 1,440,802 (41%)

Prior 7-Day Average 487,086

Calls: 299,648 (59%)

Puts: 205,828 (41%)

Current vs Prior 7-Day Avg +5.87%

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 2.56% | 4.94%7.72% | 10.19%

Current vs Prior -18.85% | +0.85%+0.39% | +1.61%

Prior 7-Day Avg 2.91% | 4.82%4.68% | 9.65%

Current vs 7-Day Avg -28.46% | +3.37%+65.73% | +7.35%

Prior 7-Day Eod 2.51% | 4.96%7.67% | 10.19%

Current vs 7-Day Eod -17.30% | +0.38%+1.05% | +1.66%

Sentiment BULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 13.48% | 7.35%

Calls: 19.34% | 6.33%

Puts: 7.63% | 8.37%

Prior 12.98% | 10.28%

Calls: 10.14% | 5.46%

Puts: 15.83% | 15.09%

Current vs Prior +3.85% | -28.50%

Prior 7-Day Avg 19.07% | 8.42%

Calls: 11.58% | 5.97%

Puts: 26.55% | 10.86%

Current vs 7-Day Avg -29.30% | -12.69%

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 (61% 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 BULLISH

Current BULLISH

Prior BULLISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg BEARISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
18:50	BULLISH	BULLISH	BULLISH
15:40	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

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Tightest Spreads

💰

Best Value <$1

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High Delta

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Ratio Spreads

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Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 22 of results (avg 7.4%, best 4.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$195.00	Aug 21	6.10	6.35	$6.23	4.0%	138	0.48	3.5K
$192.50	Aug 7	6.10	6.45	$6.28	5.6%	23	0.57	34
$197.50	Aug 21	4.95	5.25	$5.10	5.9%	43	0.42	118
$190.00	Aug 21	8.60	9.15	$8.88	6.2%	103	0.60	3.5K
$195.00	Jul 31	3.75	4.00	$3.88	6.4%	385	0.49	1.6K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$192.50	Aug 21	5.90	6.20	$6.05	5.0%	33	0.46	59
$195.00	Aug 21	7.15	7.55	$7.35	5.4%	124	0.52	475
$190.00	Aug 21	4.75	5.15	$4.95	8.1%	56	0.40	3.1K
$195.00	Aug 14	5.55	6.05	$5.80	8.6%	71	0.50	342
$200.00	Jul 31	6.95	7.60	$7.28	8.9%	22	0.69	42

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 2 found (avg $0.47, cheapest $0.45)

CALLS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$210.00	Jul 31	0.40	0.49	$0.45	20.0%	113	0.09	517

PUTS (1)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$192.50	Jul 24	0.44	0.53	$0.49	18.4%	494	0.26	98

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 84 found (avg delta 0.81, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$160.00	Jul 31	32.50	36.45	$34.48	11.5%	--	1.00	20
$170.00	Aug 7	23.40	26.85	$25.13	13.7%	1	1.00	57
$160.00	Aug 21	33.05	36.90	$34.97	11.0%	--	1.00	110
$165.00	Aug 21	29.45	32.00	$30.73	8.3%	100	1.00	584
$160.00	Aug 28	32.95	36.95	$34.95	11.4%	--	1.00	25

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$202.50	Jul 24	6.25	10.00	$8.13	46.1%	4	0.95	2
$200.00	Jul 24	4.55	7.10	$5.82	43.8%	84	0.92	16
$220.00	Aug 21	25.35	29.30	$27.33	14.5%	--	0.91	88
$220.00	Aug 28	25.60	29.50	$27.55	14.2%	--	0.89	78
$197.50	Jul 24	3.05	4.20	$3.63	31.7%	92	0.82	46

Most actively traded options today. High liquidity = easy entry/exit. 198 active (total vol 30.2K, top 3.0K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$200.00	Jul 24	0.10	0.13	$0.12	25.0%	3.0K	0.07	11.0K
$202.50	Jul 31	1.18	1.62	$1.40	31.4%	2.5K	0.23	163
$207.50	Jul 31	0.47	0.83	$0.65	55.4%	2.5K	0.12	281
$197.50	Jul 24	0.26	0.40	$0.33	42.4%	1.4K	0.18	689
$205.00	Jul 24	0.01	0.11	$0.06	166.7%	1.2K	0.03	432

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$190.00	Jul 24	0.11	0.16	$0.14	35.7%	1.3K	0.09	627
$185.00	Jul 31	0.69	1.02	$0.86	38.4%	578	0.16	430
$192.50	Jul 24	0.44	0.53	$0.49	18.4%	494	0.26	98
$170.00	Aug 21	0.44	0.70	$0.57	45.6%	468	0.07	7.5K
$195.00	Jul 24	1.30	1.80	$1.55	32.3%	394	0.57	24

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 42 strikes (avg 131.1%, max 570.6%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$230.00	Jul 24	Aug 28	228.0%	34.0%	570.6%	5	40
$215.00	Jul 24	Sep 4	171.0%	31.0%	451.6%	5	431
$160.00	Jul 24	Aug 28	166.0%	35.0%	374.3%	4	48
$170.00	Jul 24	Sep 4	128.0%	27.0%	374.1%	53	104
$220.00	Jul 24	Aug 28	139.0%	31.0%	348.4%	7	338

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$160.00	Jul 24	Aug 21	166.0%	37.0%	348.6%	39	2.6K
$170.00	Jul 24	Aug 28	128.0%	32.0%	300.0%	15	506
$172.50	Jul 24	Aug 21	108.0%	31.0%	248.4%	2	168
$165.00	Jul 24	Aug 28	111.0%	32.0%	246.9%	16	579
$177.50	Jul 24	Aug 21	81.0%	30.0%	170.0%	29	422

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 111 found (best R:R 34.71, avg 6.62)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$220.00	$225.00	Aug 14	$0.14	$4.86	$0.14	34.71	$220.14
$220.00	$230.00	Aug 28	$0.33	$9.67	$0.33	29.30	$220.33
$215.00	$220.00	Aug 7	$0.18	$4.82	$0.18	26.78	$215.18
$220.00	$225.00	Aug 21	$0.20	$4.80	$0.20	24.00	$220.20
$225.00	$230.00	Aug 21	$0.21	$4.79	$0.21	22.81	$225.21

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	R:R	BE
$165.00	$160.00	Jul 31	$0.14	$4.86	$0.14	34.71	$164.86
$165.00	$160.00	Aug 14	$0.17	$4.83	$0.17	28.41	$164.83
$170.00	$165.00	Aug 14	$0.18	$4.82	$0.18	26.78	$169.82
$170.00	$165.00	Aug 21	$0.19	$4.81	$0.19	25.32	$169.81
$167.50	$165.00	Aug 7	$0.10	$2.40	$0.10	24.00	$167.40

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 152 found (best R:R 37.46, avg 2.24)

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
$190.00	$192.50	Jul 24	$2.38	$2.38	$0.12	19.83	$192.38
$170.00	$175.00	Aug 14	$4.67	$4.67	$0.33	14.15	$174.67
$160.00	$165.00	Jul 31	$4.65	$4.65	$0.35	13.29	$164.65
$170.00	$175.00	Aug 28	$4.65	$4.65	$0.35	13.29	$174.65

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	R:R	BE
$202.50	$200.00	Jul 24	$2.31	$2.31	$0.19	12.16	$200.19
$210.00	$205.00	Aug 21	$4.52	$4.52	$0.48	9.42	$205.48
$200.00	$197.50	Jul 24	$2.19	$2.19	$0.31	7.06	$197.81
$220.00	$210.00	Aug 21	$8.73	$8.73	$1.27	6.87	$211.27
$197.50	$195.00	Jul 24	$2.08	$2.08	$0.42	4.95	$195.42

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 41 found (avg debit $1.07, cheapest $0.10)

CALLS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$160.00	Jul 24	Jul 31	$0.10	166.0%	69.0%
$167.50	Jul 24	Jul 31	$0.15	102.0%	80.0%
$177.50	Jul 24	Jul 31	$0.25	81.0%	42.0%
$230.00	Jul 24	Jul 31	$0.31	228.0%	84.0%
$225.00	Jul 24	Jul 31	$0.32	98.0%	58.0%

PUTS (5)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$175.00	Jul 24	Jul 31	$0.14	74.0%	39.0%
$160.00	Jul 24	Jul 31	$0.15	166.0%	69.0%
$170.00	Jul 24	Jul 31	$0.20	128.0%	54.0%
$220.00	Aug 21	Aug 28	$0.22	32.0%	31.0%
$172.50	Jul 24	Jul 31	$0.27	108.0%	50.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 82 found (cheapest 1.31% of stock, avg 8.87%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$195.00	Jul 24	$1.00	$1.55	$2.55	$192.45	$197.55	1.31%
$192.50	Jul 24	$2.37	$0.49	$2.86	$189.64	$195.36	1.47%
$197.50	Jul 24	$0.33	$3.63	$3.96	$193.54	$201.46	2.03%
$190.00	Jul 24	$4.75	$0.14	$4.89	$185.11	$194.89	2.51%
$200.00	Jul 24	$0.12	$5.82	$5.94	$194.06	$205.94	3.05%
$187.50	Jul 24	$7.20	$0.05	$7.25	$180.25	$194.75	3.72%
$192.50	Jul 31	$5.05	$3.04	$8.09	$184.41	$200.59	4.15%
$202.50	Jul 24	$0.05	$8.13	$8.18	$194.32	$210.68	4.20%
$195.00	Jul 31	$3.88	$4.30	$8.18	$186.82	$203.18	4.20%
$197.50	Jul 31	$2.85	$5.68	$8.53	$188.97	$206.03	4.38%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 147 found (cheapest 0.13% of stock, avg 2.81%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$200.00	$190.00	Jul 24	$0.12	$0.14	$0.26	$189.74	$200.26
$197.50	$190.00	Jul 24	$0.33	$0.14	$0.47	$189.53	$197.97
$200.00	$192.50	Jul 24	$0.12	$0.49	$0.61	$191.89	$200.61
$197.50	$192.50	Jul 24	$0.33	$0.49	$0.82	$191.68	$198.32
$230.00	$190.00	Jul 24	$0.78	$0.14	$0.92	$189.08	$230.92
$220.00	$175.00	Aug 14	$0.48	$0.62	$1.10	$173.90	$221.10
$195.00	$190.00	Jul 24	$1.00	$0.14	$1.14	$188.86	$196.14
$215.00	$190.00	Jul 24	$1.07	$0.14	$1.21	$188.79	$216.21
$230.00	$192.50	Jul 24	$0.78	$0.49	$1.27	$191.23	$231.27
$195.00	$192.50	Jul 24	$1.00	$0.49	$1.49	$191.01	$196.49

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 147 found (best R:R 30.25, avg credit $2.55)

Put Spread	Call Spread	Expiry	Credit	Max Loss	R:R	BE Low	BE High
160/165	170/175	Aug 14	$4.84	$0.16	30.25	$160.16	$174.84
175/178	182/185	Aug 21	$2.40	$0.10	24.00	$175.10	$184.90
172/175	182/185	Aug 21	$2.38	$0.12	19.83	$172.62	$184.88
178/180	182/185	Aug 21	$2.36	$0.14	16.86	$177.64	$184.86
185/188	190/192	Aug 21	$2.34	$0.16	14.63	$185.16	$192.34
182/185	190/192	Aug 21	$2.33	$0.17	13.71	$182.67	$192.33
175/178	180/182	Jul 31	$2.32	$0.18	12.89	$175.18	$182.32
180/182	185/188	Aug 21	$2.32	$0.18	12.89	$180.18	$187.32
165/170	180/185	Aug 28	$4.64	$0.36	12.89	$165.36	$184.64
170/175	180/185	Aug 28	$4.62	$0.38	12.16	$170.38	$184.62

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 120 found (best R:R 54.56, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$182.50	$185.00	$187.50	Aug 7	$0.05	$2.45	49.00
$207.50	$210.00	$212.50	Jul 31	$0.06	$2.44	40.67
$210.00	$212.50	$215.00	Jul 31	$0.06	$2.44	40.67
$195.00	$197.50	$200.00	Aug 7	$0.06	$2.44	40.67
$187.50	$190.00	$192.50	Jul 24	$0.07	$2.43	34.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	R:R
$160.00	$165.00	$170.00	Aug 21	$0.09	$4.91	54.56
$185.00	$187.50	$190.00	Jul 24	$0.05	$2.45	49.00
$182.50	$185.00	$187.50	Jul 24	$0.06	$2.44	40.67
$190.00	$192.50	$195.00	Aug 7	$0.06	$2.44	40.67
$165.00	$167.50	$170.00	Jul 24	$0.07	$2.43	34.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 130 found (best net $-0.40, 112 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$170.00	$185.00	1:2	Sep 4	-$0.40	$14.60
$220.00	$230.00	1:2	Aug 28	-$0.19	$9.81
$190.00	$200.00	1:2	Sep 4	-$0.44	$9.56
$225.00	$230.00	1:2	Aug 21	-$0.03	$4.97
$205.00	$210.00	1:2	Jul 24	-$0.04	$4.96

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$185.00	$180.00	1:2	Aug 14	$0.00	$5.00
$170.00	$165.00	1:2	Aug 28	$0.00	$5.00
$165.00	$160.00	1:2	Aug 7	-$0.05	$4.95
$165.00	$160.00	1:2	Jul 31	-$0.06	$4.94
$165.00	$160.00	1:2	Aug 14	-$0.18	$4.82

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 48 found (best yield 3.16%, avg 0.97%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$195.00	Aug 28	$6.15	0.48	0.1%	3.16%	3.23%	44	199
$195.00	Aug 21	$6.10	0.48	0.1%	3.13%	3.21%	138	3.5K
$195.00	Aug 14	$5.65	0.50	0.1%	2.90%	2.98%	47	561
$197.50	Aug 21	$4.95	0.42	1.4%	2.54%	3.90%	43	118
$195.00	Aug 7	$4.50	0.49	0.1%	2.31%	2.39%	205	1.2K
$200.00	Aug 21	$4.00	0.37	2.6%	2.05%	4.70%	739	4.7K
$200.00	Aug 28	$4.00	0.37	2.6%	2.05%	4.70%	287	507
$195.00	Jul 31	$3.75	0.49	0.1%	1.92%	2.00%	385	1.6K
$197.50	Aug 7	$3.70	0.42	1.4%	1.90%	3.26%	72	35
$200.00	Aug 14	$3.55	0.38	2.6%	1.82%	4.46%	40	347

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 216,278

Total Puts 62,385

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

🤖 AI Insights

📈 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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