CVX260220C00120000 Option on Chevron Corp

An 'In The Money' option is one with a strike price that the current stock price has already surpassed. Some options investors can hedge their Chevron Corp positions using in-the-money options. They may also want to buy options with some intrinsic value, not just time value. However, because in-the-money options on Chevron Stock have intrinsic value and are priced higher than out-of-the-money options in the same chain, their volatilities are relatively smaller.

Chevron Corp's Option Greeks for the contract ending on 2026-02-20 at a strike price of 120.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Chevron Corp's option greeks, its implied volatility helps estimate the risk of Chevron Corp stock implied by the prices of the options on Chevron Corp's stock.

Put options written on Chevron Corp grant holders of the option the right to sell a specified amount of Chevron Corp at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Chevron Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Chevron Corp is like buying insurance aginst Chevron Corp's downside shift.

By selling Chevron Corp's put option, the investors signal their bearish sentiment. A short position in a put option written on Chevron Corp will generally make money when the underlying price is above the strike price. Therefore Chevron Corp's put payoff at expiration depends on where the Chevron Stock price is relative to the put option strike price. The breakeven price of 149.75 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Chevron Corp's price. Finally, at the strike price of 120.0, the payoff chart is constant and positive.

Chevron Corp's option chain is a display of a range of information that helps investors for ways to trade options on Chevron. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Chevron. It also shows strike prices and maturity days for a Chevron Corp against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.

When running Chevron Corp's price analysis, check to measure Chevron Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chevron Corp is operating at the current time. Most of Chevron Corp's value examination focuses on studying past and present price action to predict the probability of Chevron Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Chevron Corp's price. Additionally, you may evaluate how the addition of Chevron Corp to your portfolios can decrease your overall portfolio volatility.