CVX
Options analysis and insights • Industrial & Energy
$196.82
CVX is currently showing low IV Rank of 28.7%, presenting potential opportunities for volatility buyers. The RSI at 71 indicates overbought territory. Technical analysis reveals strong bullish trend structure with 4 aligned moving averages.
IV Rank
29%
RSI (14)
71
Trend Bias
bullish
Implied Volatility Rank
Premium cheap - favor buying
IV Rank compares current implied volatility to its 52-week range. Lower IV may present opportunities for volatility buyers.
What This Means
Low IV Rank (29%) means options are cheap relative to the past year. This can be attractive for buying options or volatility expansion plays. The bullish trend structure suggests the path of least resistance is higher. Moving averages are aligned upward. The recommended Put Credit Spreads strategy fits the current conditions because it aligns with the bullish trend and lower volatility environment.
Sector Context
Within the Industrial & Energy sector, CVX trades alongside peers like XOM, BA, CAT. CVX's IV Rank is subdued relative to the Industrial & Energy sector. Comparing volatility and trend structure across sector peers can reveal relative value opportunities.
Recommended Strategy
put Credit Spread
Suitability Score
Bullish trend combined with 29% IV rank supports selling put spreads.
Market Conditions
Trend Structure
Dealer Positioning
Frequently Asked Questions
What is CVX's current IV Rank?
CVX's IV Rank is currently 28.7%, which is low compared to its 52-week range.
When is CVX's next earnings report?
CVX does not have an imminent earnings date on the calendar.
What options strategy is best for CVX right now?
Based on current market conditions, Put Credit Spreads shows the highest suitability with a score of 85%. Bullish trend combined with 29% IV rank supports selling put spreads.
Is CVX IV high or low?
CVX's 30-day implied volatility is 29.2%, with an IV Rank of 28.7%. This places current IV near the bottom of its annual range.
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