CVX260220P00170000 Option on Chevron Corp

CVX Stock  USD 151.10  2.61  1.76%   
CVX260220P00170000 is a PUT option contract on Chevron Corp's common stock with a strick price of 170.0 expiring on 2026-02-20. The contract was not traded in recent days and, as of today, has 72 days remaining before the expiration. The option is currently trading at a bid price of $21.2, and an ask price of $23.1. The implied volatility as of the 10th of December is 72.0.
A put option written on Chevron Corp becomes more valuable as the price of Chevron Corp drops. Conversely, Chevron Corp's put option loses its value as Chevron Stock rises.

Rule 16 of 2026-02-20 Option Contract

The options market is anticipating that Chevron Corp will have an average daily up or down price movement of about 0.0147% per day over the life of the option. With Chevron Corp trading at USD 151.1, that is roughly USD 0.0223. If you think that the market is fully understating Chevron Corp's daily price movement you should consider buying Chevron Corp options at that current volatility level of 0.24%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

In The Money Put 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.
Put Contract NameCVX260220P00170000
Expires On2026-02-20
Days Before Expriration72
Vega0.126552
Gamma0.012538
Theoretical Value22.15
Open Interest81
Strike Price170.0
Last Traded At19.57
Current Price Spread21.2 | 23.1
Rule 16 Daily Up or DownUSD 0.0223

Chevron short PUT Option Greeks

Chevron Corp's Option Greeks for the contract ending on 2026-02-20 at a strike price of 170.0 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.
Delta-0.882189
Gamma0.012538
Theta-0.020486
Vega0.126552
Rho-0.250414

Chevron long PUT Option Payoff at expiration

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.
   Profit   
       Chevron Corp Price At Expiration  

Chevron short PUT Option Payoff at expiration

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 147.85 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 170.0, the payoff chart is constant and positive.
   Profit   
       Chevron Corp Price At Expiration  
View All Chevron Corp Options

Chevron Corp Available Put Options

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.
Open IntStrike PriceCurrent SpreadLast Price
 Put
CVX260320P002500000250.099.5 - 103.3599.5In
 Put
CVX260320P002400000240.089.6 - 93.3589.6In
 Put
CVX260320P002300000230.079.8 - 83.279.8In
 Put
CVX260320P002200000220.069.5 - 73.269.5In
 Put
CVX260320P002100000210.059.4 - 63.3559.4In
 Put
CVX260320P002000000200.049.6 - 53.4549.6In
 Put
CVX260320P001950000195.044.65 - 48.544.65In
 Put
CVX260320P001900000190.040.35 - 43.2540.35In
 Put
CVX260320P001850004185.035.5 - 37.8531.98In
 Put
CVX260320P0018000029180.030.65 - 33.228.05In
 Put
CVX260320P0017500021175.026.65 - 28.0523.8In
 Put
CVX260320P0017000095170.021.1 - 23.3519.5In
 Put
CVX260320P00165000329165.017.25 - 18.9515.17In
 Put
CVX260320P001600001272160.013.35 - 14.5512.65In
 Put
CVX260320P001550002187155.010.15 - 10.9510.5In
 Put
CVX260320P001500002722150.07.3 - 7.67.72In
 Put
CVX260320P001450002828145.05.05 - 5.35.3Out
 Put
CVX260320P001400003219140.03.35 - 3.553.55Out
 Put
CVX260320P001350003474135.02.18 - 2.322.3Out
 Put
CVX260320P001300002059130.01.29 - 1.561.47Out
 Put
CVX260320P001250001753125.00.91 - 1.00.75Out
 Put
CVX260320P001200001288120.00.62 - 0.750.48Out
 Put
CVX260320P00115000560115.00.4 - 0.530.46Out
 Put
CVX260320P00110000808110.00.22 - 0.390.35Out
 Put
CVX260320P00105000630105.00.0 - 0.330.17Out
 Put
CVX260320P001000001324100.00.1 - 0.470.2Out
 Put
CVX260320P0009500072695.00.0 - 0.230.1Out
 Put
CVX260320P000900003790.00.05 - 0.180.1Out
 Put
CVX260320P000850001585.00.0 - 0.160.09Out
 Put
CVX260320P000800003380.00.0 - 0.150.05Out
 Put
CVX260320P000750001075.00.0 - 2.150.02Out
 Put
CVX260320P000700002070.00.0 - 2.140.05Out

Chevron Corp Corporate Directors

Charles MoormanIndependent DirectorProfile
Marillyn HewsonIndependent DirectorProfile
John FrankIndependent DirectorProfile
Debra ReedKlagesIndependent DirectorProfile

Additional Tools for Chevron Stock Analysis

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.