CHEVRON CORP (CVX) Options Volume

37,639 CHEVRON CORP (CVX) option contracts changed hands in the latest session, at a put/call volume ratio of 0.59. This page tracks how actively CVX options trade — contracts and dollars — and flags individual contracts running far above their own 30-day average volume.

Data as of Aug 24, 2026, 3:55 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.

Last close
$203.17
52-week range
$146.99 – $211.26
ATM IV (30d)
27.2%
IV rank
35 / 100
Low
Expected move
±$14.49 (±7.1%)
Put/call OI
0.63
Call-heavy
Max pain
$185
↓ 8.9% below close
Next earnings
Nov 4, 2026

Options Volume & Premium Flow

Total options volume37,639
Call volume23,686
Put volume13,953
Put/call volume ratio0.59
Listed contracts1,162
Call premium traded$5.5M
Put premium traded$4.44M
Premium put/call ratio0.81
Open interest rank (31 day)5 / 100
Skew rank (31 day)10 / 100

CVX Options Volume Trend

096K191.9K287.9K383.9KFeb '26May '26Aug '26

CVX total options volume per session, past year.

0.000.380.751.131.51Feb '26May '26Aug '26

CVX put/call volume ratio, past year.

CVX Unusual Options Activity

Contracts trading at least 3× their own 30-day average volume (minimum 500 contracts):

ContractExpirationLastIV Open interestVolumevs 30d avg
CVX $217.5 call Aug 28, 2026 $0.06 424 10,049 104.8× avg
CVX $200 put Aug 28, 2026 $1.10 27.4% 1,809 2,811 3.2× avg
CVX $210 call Sep 18, 2026 $2.80 11,144 2,316 7.8× avg
CVX $200 put Sep 18, 2026 $3.52 2,900 1,268 12.5× avg
CVX $200 put Sep 4, 2026 $2.25 25.5% 88 703 3.4× avg

With a put/call volume ratio of 0.59, today's trading is tilted toward calls. Measured in dollars rather than contracts, $5.5M of call premium and $4.44M of put premium changed hands — the larger premium flow is on the call side. 5 contracts are trading at least three times their own 30-day average volume — activity worth a closer look.

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CVX Options FAQ

How many CVX options traded today?

37,639 CVX option contracts traded as of Aug 24, 2026 — 23,686 calls and 13,953 puts.

Is there unusual options activity in CVX today?

Yes — 5 contracts are trading at least three times their 30-day average volume as of Aug 24, 2026. OptiView flags a contract as unusual when today's volume runs at 3× its own average with at least 500 contracts traded.

Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.

Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.