CVX Options Chain by Expiration – Open Interest & Put/Call Ratio

Explore the CVX options chain aggregated by expiration date, with call and put open interest, total OI and put/call ratios. Use this overview to spot where options positioning is most concentrated and which expirations carry bullish, bearish or neutral sentiment for CVX.

Options Analysis Short-Term Forecast Short Interest Report

Market Sentiment from CVX Options by Expiration Date

The table below aggregates CVX options data by expiration date, including call volume, put volume, total open interest and the put/call ratio. Each row is assigned a sentiment label and numerical sentiment score, highlighting expirations where positioning is extremely bullish, defensive or balanced. Click on an expiration date to drill down into the detailed options chain for that maturity.

Expiration Date	Call OI	Put OI	Total Open Interest	Put/Call Ratio
2026-08-21	76548	30741	107289	0.402
2026-08-28	6041	9171	15212	1.518
2026-09-04	2491	867	3358	0.348
2026-09-11	2367	881	3248	0.372
2026-09-18	72502	55448	127950	0.765
2026-09-25	510	193	703	0.378
2026-10-02	175	10	185	0.057
2026-10-16	25923	6318	32241	0.244
2026-11-20	1154	382	1536	0.331
2026-12-18	31069	31670	62739	1.019
2027-01-15	60511	53718	114229	0.888
2027-03-19	7136	6380	13516	0.894
2027-06-17	17374	10615	27989	0.611
2028-01-21	15063	11432	26495	0.759
2028-12-15	8178	5542	13720	0.678
How the Options Sentiment Score Is Calculated This sentiment framework evaluates market bias for CVX based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Compares put and call activity. A higher PCR usually indicates more defensive or bearish positioning, while a lower PCR suggests bullish call demand. Open Interest (OI): Represents the number of outstanding option contracts. Higher open interest reflects strong market attention, hedging activity or speculative positioning around CVX. Unusual activity ⚠️: Expirations with extreme PCR or unusually high OI are flagged with a warning icon, signaling concentrated bets, hedging pressure or potential event-driven risk. The sentiment score combines PCR and OI into a 0–100 scale, then classifies each expiration into intuitive labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Higher scores reflect more aggressive bullish positioning in CVX options, while lower scores highlight more defensive or bearish structures.