Chevron (CVX) Offering Possible 16.82% Return Over the Next 35 Calendar Days

Chevron's most recent trend suggests a bullish bias. One trading opportunity on Chevron is a Bull Put Spread using a strike $100.00 short put and a strike $95.00 long put offers a potential 16.82% return on risk over the next 35 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $100.00 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock dropped below the $95.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Chevron is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Chevron is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Chevron

Chevron (NYSE:CVX) Might be More Undervalued Than the Institutions Think
Wed, 13 Oct 2021 09:34:58 +0000
West Texas Oil price just crossed US$80 for the first time in 7 years. Naturally, this re-ignited the interest in oil stocks that show the world they are not just dead yet, despite the climate activists shoveling dirt in their faces. Although the oil price is back to the highs, some oil companies like Chevron Corporation (NYSE: CVX) might be undervalued. This article will examine that valuation from the discounted cash flow (DCF) perspective.

Chevron (CVX) Gains As Market Dips: What You Should Know
Tue, 12 Oct 2021 21:45:09 +0000
Chevron (CVX) closed the most recent trading day at $107.15, moving +0.02% from the previous trading session.

Chevron, Fab Foundation and Florida Agricultural and Mechanical University Collaborate to Launch a Fab Lab
Tue, 12 Oct 2021 20:02:12 +0000
San Ramon, Calif., October 12 2021 /3BL Media/ – Chevron Corporation announced a major financial contribution in support of two long-standing community partners, Fab Foundation and Florida Agricult…

Surging Earnings Estimates Signal Upside for Chevron (CVX) Stock
Tue, 12 Oct 2021 16:20:04 +0000
Chevron (CVX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

$80 Oil: The Best Stock to Buy Now
Tue, 12 Oct 2021 15:07:00 +0000
At over $5.15 per million Btu, Henry Hub natural gas prices are also at their highest levels in roughly seven years. Chevron (NYSE: CVX), one of the world's largest integrated oil majors, is a great way to get a sizable 5% dividend yield while exposing your portfolio to the booming oil and gas market. In December 2020, the U.S. Energy Information Administration's monthly short-term energy outlook forecast 2021 average WTI oil prices at just $45.78 per barrel.

Related Posts


MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.

This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.

The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The educational training program and software services are provided to improve financial understanding.

The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.