Chevron(US:CVX) Benzinga·2025-11-05 20:01Group 1 - Investors have taken a bullish stance on Chevron, with significant options activity indicating potential upcoming movements in the stock [1][2] - The overall sentiment among big-money traders is 63% bullish and 36% bearish, with a total of $353,558 in puts and $272,461 in calls identified [2] - The predicted price range for Chevron is between $110.0 and $175.0 based on the analysis of volume and open interest in options contracts [3][4] Group 2 - The mean open interest for Chevron options trades is 2640.1, with a total volume of 2,820.00, indicating strong liquidity and interest [4] - Recent options activity includes both bullish and bearish trades, with notable trades involving puts and calls at various strike prices [9] - Analysts have set an average price target of $170.0 for Chevron, with varying ratings from different firms, reflecting a mix of cautious and optimistic outlooks [11][12] Group 3 - Chevron is the second-largest oil company in the U.S., with a production capacity of 3.0 million barrels of oil equivalent per day and proven reserves of 9.8 billion barrels of oil equivalent as of year-end 2024 [10] - The company operates globally, with refining capacity of 1.8 million barrels of oil per day across its facilities in the U.S. and Asia [10] - The next earnings report for Chevron is expected in 86 days, which could further influence market sentiment and trading activity [14]