If you haven`t bought the dip on CVX: nor sold the double top:
Now analyzing the options chain and the chart patterns of CVX Chevron Corporation prior to the earnings report this week, I would consider purchasing the 165usd strike price Puts with an expiration date of 2024-9-20, for a premium of approximately $9.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
CVX puts at break even now. I think it`s an exit. A significant number of calls adding.
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