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CVX options: IV rank, expected move and trade screens

Chevron Corp · Energy

In the app, stock prices are live and options data is refreshed intraday.

CVX last closed at $219.89 with 30-day implied volatility of 25.9%. That is in the upper half of its one-year range (IV rank 52), so premiums are somewhat richer than usual for CVX. Measured by IV percentile, IV is higher than 35% of the past year's readings. Options expiring Dec 11 (28 days out) price a one standard deviation move of about $15.65, or 7.1%.

The price is above both its 50-day (+2.1%) and 200-day (+12.5%) moving averages. It is 6.6% below its 52-week high and 49.8% above its 52-week low. The 14-day RSI of 52.1 is between 30 and 70, neither overbought nor oversold. The 14-day average true range is $5.01, about 2.3% of the price, a measure of a typical day's range.

Option volume at the close (40.3K contracts) was 1.3x its average, close to normal. A negative beta of -0.54 means CVX has tended to move against the broad market. 3 of our preset screens found trades on CVX at the close, led by Cash-Secured Put Entries on Mega Caps with 16 trades.

CVX stats at the close

Price
$219.89
Market cap $432B
Implied volatility
25.9%
30-day, at the money
IV rank
52
IV sits 52% of the way from its one-year low to its one-year high.
IV percentile
35
IV is higher than 35% of the past year's readings.
ATR (14-day)
$5.01
2.3% of the price on a typical day
RSI (14-day)
52.1
Between 30 and 70, neutral
52-week range
-6.6% from high
+49.8% from the 52-week low
Moving averages
+2.1% vs 50-day
+12.5% vs the 200-day
Beta
-0.54
Sensitivity to the broad market
Option volume
1.3x avg
40.3K contracts vs 31.7K average

CVX expected move by expiration

Expected move = price x at-the-money IV x the square root of (days to expiration / 365), a one standard deviation range. The straddle is the at-the-money call plus put, the market's own price for a move. Compare expected moves across stocks.

ExpirationIVExpected move1 SD rangeStraddle
Nov 20, 20267 days28.9%±$8.79 (4.0%)$211.10 to $228.68$7.02
Dec 11, 202628 days25.7%±$15.65 (7.1%)$204.24 to $235.54$12.48
Jan 15, 202763 days25.9%±$23.70 (10.8%)$196.19 to $243.59$18.88
Feb 19, 202798 days27.4%±$31.18 (14.2%)$188.71 to $251.07$24.80

Each expiration has its own implied volatility, and short-dated IV reacts more to near-term events, so the nearest expiration can differ a lot from the 30-day figure.

Trades that pass our screens as of the close

Counts and ranges for CVX from our preset scans at the last close. Open a preset in the app to see each trade with its strikes, prices, and risk, refreshed intraday. Income strategies show annualized return; the rest show return on risk.

CVX options FAQ

What is CVX's IV rank?
At the last close, CVX's IV rank was 52 with 30-day implied volatility of 25.9%. IV sits 52% of the way from its one-year low to its one-year high. Its IV percentile was 35: IV is higher than 35% of the past year's readings.
What is the expected move for CVX?
Based on the last close, options expiring Dec 11, 2026 priced a one standard deviation move of $15.65 (7.1%), a range of $204.24 to $235.54. Roughly two times in three, the stock would finish inside that range if the options are priced fairly.
Which option screens have trades on CVX?
At the last close, these OptionClaws preset screens had passing trades on CVX: Cash-Secured Put Entries on Mega Caps (16), Long Call Butterflies for Pinning (4), Iron Condor, 2-ATR Profit Zone (1). Open a screen in the app to see the individual trades, refreshed intraday.
Is CVX option volume above average?
At the last close, CVX option volume was 1.3x its average, close to normal.

Market data as of the prior close, for information and education only. Not investment advice. Options involve substantial risk and are not suitable for every investor. See our Terms of Service.