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
2026-02-06	22875	10101	32976	0.442
2026-02-13	17509	8978	26487	0.513
2026-02-20	66508	38823	105331	0.584
2026-02-27	5421	1546	6967	0.285
2026-03-06	1709	316	2025	0.185
2026-03-13	603	133	736	0.221
2026-03-20	80669	38808	119477	0.481
2026-03-27	30	3	33	0.100
2026-04-17	14821	5013	19834	0.338
2026-05-15	26156	18430	44586	0.705
2026-06-18	41696	37316	79012	0.895
2026-09-18	18048	17035	35083	0.944
2026-12-18	17403	14781	32184	0.849
2027-01-15	31100	25944	57044	0.834
2027-06-17	2479	483	2962	0.195
2028-01-21	16063	4889	20952	0.304
2028-12-15	3144	1189	4333	0.378
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.