Chevron (CVX) Options Chain

NYSE: CVXEnergyIntegrated oil CompaniesUSD

211.98+0.43 (+0.20%)

At close: Oct 9, 4:02 PM ET · Delayed 15 min

Expiration date

Expiration: Oct 16, 2026
Days to expiration: 5
Share price: $211.98
Put/call ratio (OI): 0.59
Put/call ratio (volume): 0.29
ATM implied volatility: 27.0%
Expected move: ±$6.70
Open interest (C / P): 47.11K / 27.79K

CVX options summary

The CVX options chain for the October 16, 2026 expiration lists 35 call and 31 put contracts, with 5 days until expiration. Open interest stands at 47,108 calls and 27,794 puts, a put/call ratio of 0.59, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $212.50 strike is 27.0%, which implies the market expects a move of about ±$6.70 (3.2%) in Chevron stock by expiration.

The most open interest sits at the $210.00 call (17.87K contracts) and the $190.00 put (5.29K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

CVX options chain · October 16, 2026

CVX calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
2	2	378.5%	115.52	120.45	123.00	90.00	—	—	—	—	—	—
—	—	—	—	—	—	120.00	0.00	0.00	0.05	50.0%	5	0
—	—	—	—	—	—	135.00	0.00	1.00	0.41	189.3%	6	11
—	—	—	—	—	—	140.00	0.00	0.00	0.17	50.0%	35	0
1	1	181.3%	59.50	66.00	67.85	145.00	0.00	0.00	0.06	50.0%	6	0
1	2	193.1%	53.39	60.15	63.60	150.00	0.00	1.46	1.26	161.8%	1	212
2	2	102.7%	48.40	56.05	58.05	155.00	0.00	0.05	0.02	91.4%	100	262
232	2	145.0%	48.70	50.85	52.95	160.00	0.00	0.05	0.03	82.8%	4	342
1	2	130.5%	38.45	46.05	47.90	165.00	0.00	0.21	0.42	89.1%	1	498
32	1	117.9%	39.60	41.05	42.90	170.00	0.00	0.21	0.03	79.7%	21	730
49	1	105.6%	36.17	36.00	37.90	175.00	0.00	0.21	0.02	70.3%	1	638
85	3	94.6%	26.17	30.55	32.95	180.00	0.00	0.10	0.01	55.5%	10	2,133
—	—	—	—	—	—	182.50	0.00	0.50	0.25	65.7%	—	1
587	2	85.6%	27.83	25.55	28.10	185.00	0.00	0.04	0.01	45.7%	10	1,167
—	—	—	—	—	—	187.50	0.00	0.03	0.05	40.2%	6	537
890	117	56.6%	23.35	20.90	22.40	190.00	0.00	0.10	0.02	43.2%	47	5,289
1	1	76.0%	12.41	18.00	21.15	192.50	0.00	0.08	0.01	37.4%	10	751
1,246	5	58.5%	17.40	15.60	18.00	195.00	0.04	0.07	0.05	32.4%	121	4,893
6	1	55.4%	10.00	13.75	15.70	197.50	0.02	0.12	0.10	30.9%	33	1,858
1,988	64	44.9%	12.14	11.75	12.95	200.00	0.15	0.20	0.15	29.2%	1,398	3,397
285	1	36.9%	11.02	9.00	10.35	202.50	0.30	0.34	0.35	27.6%	71	800
656	2,089	31.6%	7.27	7.00	7.95	205.00	0.55	0.62	0.63	26.7%	281	582
512	51	33.8%	5.64	4.60	6.30	207.50	1.01	1.13	1.11	26.3%	924	792
17,866	334	26.9%	3.80	3.45	4.00	210.00	1.77	1.90	1.65	25.8%	1,103	2,177
CVX $211.98
997	435	27.0%	2.53	2.27	2.68	212.50	2.83	3.20	3.00	27.0%	362	77
3,802	466	26.0%	1.55	1.41	1.58	215.00	4.15	5.30	4.20	32.9%	10	21
680	472	28.6%	0.99	0.75	1.12	217.50	5.85	7.10	5.47	33.7%	1	22
8,479	695	26.0%	0.42	0.43	0.48	220.00	7.90	9.25	8.16	36.5%	24	593
320	277	30.5%	0.26	0.23	0.44	222.50	—	—	—	—	—	—
1,133	10,631	28.4%	0.17	0.09	0.17	225.00	12.25	14.10	13.41	46.4%	11	11
216	12	31.0%	0.08	0.06	0.13	227.50	—	—	19.56	—	—	—
3,870	102	33.2%	0.06	0.03	0.10	230.00	17.05	19.05	18.30	56.3%	3	0
17	6	55.1%	0.06	0.00	0.70	232.50	—	—	—	—	—	—
30	5	50.7%	0.08	0.00	0.70	235.00	—	—	—	—	—	—
1,189	4	42.8%	0.02	0.00	0.05	240.00	—	—	—	—	—	—
1,778	105	51.6%	0.02	0.00	0.06	250.00	37.15	39.60	33.79	73.7%	1	0
127	1	65.6%	0.18	0.00	0.10	260.00	—	—	—	—	—	—
16	1	83.4%	0.03	0.00	0.21	270.00	—	—	—	—	—	—
10	1	94.1%	0.06	0.00	0.21	280.00	—	—	—	—	—	—
2	—	163.4%	0.07	0.00	2.13	300.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the CVX put/call ratio?

For the October 16, 2026 expiration, the CVX put/call ratio based on open interest is 0.59 (27,794 puts vs 47,108 calls), and 0.29 based on today's volume. A ratio above 1 means more puts than calls.

What is CVX's implied volatility?

At-the-money implied volatility for CVX options expiring October 16, 2026 is about 27.0%, an annualized estimate of how much the market expects Chevron stock to move.

How many CVX option expiration dates are there?

CVX has 14 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.