What is the current CVX options open interest?

As of May 15, 2026, Chevron Corporation (CVX) has 606.6K total contracts outstanding across all listed expirations, split as 344.1K calls and 262.5K puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.

What is the CVX put/call open interest ratio?

Put/call OI ratio of 0.76 is balanced.

What does CVX open interest tell traders?

Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.

Chevron Corporation (CVX) Open Interest History

Open interest tracks the total number of outstanding options contracts. Rising OI alongside price moves can indicate growing commitment to the trend; declining OI suggests positions are being closed.

Chevron Corporation (CVX) operates in the Energy sector, specifically the Oil & Gas Integrated industry, with a market capitalization near $370.42B, listed on NYSE, employing roughly 45,298 people, carrying a beta of 0.50 to the broader market. Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. Led by Michael K. Wirth, public since 1921-06-24.

Snapshot as of May 15, 2026.

Spot Price: $190.44
Call OI: 344.1K
Put OI: 262.5K
Total OI: 606.6K
Put/Call Ratio: 0.23

As of May 15, 2026, Chevron Corporation (CVX) has 606.6K total contracts outstanding across all expirations. Put/call OI ratio is 0.76 (balanced positioning). Open interest reflects accumulated positions from prior sessions; persistent growth indicates sustained directional or hedging interest, while sharp drops typically mean post-expiration clean-up.

How CVX open interest history Data Feeds Strategy Selection

Strategy selection on Chevron Corporation options does not derive from any single metric in isolation. The open interest history view above sits inside a broader read: ATM IV currently sits at 27.9% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the open interest history data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how open interest is reported and how to read the data →

CVX highest open-interest contracts

Type	Strike	Expiration	Volume	OI	IV	Bid	Ask
CALL	$205.00	May 22, 2026	4.6K	283	33.6%	$0.11	$0.19

Top 1 contracts from the ORATS-sourced nightly scan; ranked by oi within the broader S&P 500/400/600 + ETF universe.

Frequently asked CVX open interest history questions

What is the current CVX options open interest?: As of May 15, 2026, Chevron Corporation (CVX) has 606.6K total contracts outstanding across all listed expirations, split as 344.1K calls and 262.5K puts. Open interest reflects accumulated positions from prior trading sessions; it does not include today's volume until end-of-day reconciliation.
What is the CVX put/call open interest ratio?: Put/call OI ratio of 0.76 is balanced.
What does CVX open interest tell traders?: Persistent OI growth indicates sustained directional or hedging interest; sharp drops typically mean post-expiration position cleanup. Heavy OI concentrations at specific strikes act as support and resistance levels because dealer hedging amplifies near those strikes - the gamma profile of the dealer book is concentrated there. Comparing today's volume to standing OI separates opening flow from closing flow.