Chevron Options Still Offer Better Prospects Than Hess

jejim/iStock Editorial via Getty Images On our previous coverage of the Chevron Corporation (NYSE:CVX) and Hess Corporation (NYSE:HES) deal, we gave both firms a buy rating. But thanks to the pricing of the deal, we felt that there was a slightly better return profile for new investors on the HES options. With CVX you have a far lower upside in a flat price scenario. This stands true even when adjusting for dividends. The covered call also provides a high level of income and buffer in case the deal does ...