BEAR PUT SPREAD - CVX - EXP: 17/DEC/2021Bought PUT, strike 85, IV 76%
Sold PUT, strike 80, IV 82%
Exp. date: 17/12/2021
IVx = 31%
IV30 = 27%
CVX trade ideas
CVW could go down furtherCVW could go down to complete the 5th wave in (c)
Those 3 Fibonacci targets are from the length of I
Can go short for CVXIn a big picture (supercycle), you see (v) has ended and formed a Flat correction where (c) has not ended. Zone ~ 112 the price has formed double tops and false break (MACD showed bullish divergence as well) so we can use 112.86 as a supporting line for our short. 69.35 can be a good first target point because there's likely that this downtrend might have a 5th wave failure.
$xom & $cvxBullish oil sector keep tabs and go long dick deep mode !!!!!! cup and handle formation breaking coming
Buy $CVX - NRPicks 23 AbrChevron Corporation participates in integrated energy, chemical and petroleum operations around the world. The company operates in two segments, Upstream and Downstream. The Upstream segment participates in the exploration, development and production of crude oil and natural gas. The Downstream segment is dedicated to refining crude into petroleum products and marketing them.
$ CVX, an oil giant that had a 71% rally from October to March, presented a setback that could mean an opportunity considering that it is close to its results report on April 30, in the same way, its next delivery of dividends that so far have an Ex-Date projected to the second week of May.
2020
- Revenue $ 94B
- EBITDA $ 14B
- Cash $ 5.5B
- Total Debt 48B
- EBITDA MARGIN 14.9%
- Dividend Yield 5.11%
ChevronDescription: The price of chevron shows a very clean horizonzal support area between 93$-96$. Also, the 100EMA has proven its significance in the recent past and should also act as support. The trade will be entered when a trendreversal pattern (hammer, doji, engulfing etc.) occurs at the support area.
Bull FlagPrice is close to long entry level today after a pull back on Friday.
Piercing candle pattern on a support level. Piercing (line) pattern is a 2 candle pattern that begins with a red candle. It is followed by a green candle that opens below the low of the red candle and closes between the midpoint of the red candle and the open of the red candle (the top of the red candle represents it's open)
So basically the bulls opened on day 2 of the pattern beneath the low of the first candle, yet were able to fight enough to regain a lot of ground back and closed over the prior day's close. Unfortunately the next day the bears took price down again despite the fact that price basically opened on the 3rd day at close to the close of the green candle.
Red candles have the open at the top and the close at the bottom of the candle. A green candle has the open at the bottom and the close at the top. The wicks, shadows, represent the high and the low of the candle and are the same for both red and green candles.
When I first started trading, candles were confusing to me as was everything else. lol, and to this day, I have to remind myself (o:
No recommendation.
$CVX with a Bearish outlook following its earnings #Stocks The PEAD projected a Beaish outlook for $CVX after a Negative over reaction following its earnings release placing the stock in drift C
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Chevron Corp may move further upNYSE:CVX is at an area of value; I would like to see it trade above this level. If it goes according to plan, we may see a 1:2.7 risk:reward trade.
CVX - Retrace firstGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
CVX - Retrace first
ChevronMission:
“believe in the power of human ingenuity to lead us to a brighter future.” The company has a well-defined approach of running its business, rested on two main features. As an energy company, Chevron recognizes the complexities of running the business.
Recent News:
1. SAN RAMON, Calif.--(BUSINESS WIRE)--Apr. 7, 2021-- Chevron Corporation (NYSE: CVX) today announced its wholly-owned subsidiary Chevron U.S.A. Inc. (Singapore Branch) (“CUSA”) has signed a binding Sale and Purchase Agreement (SPA) with Hokkaido Gas Co., Ltd. for the delivery of liquefied natural gas (LNG) from Chevron’s global LNG portfolio to the Hokkaido area. Under the agreement, CUSA will supply Hokkaido Gas with about a half million tons of LNG over a period of five years starting April 2022.
2. Expectations:
- Targets more than doubling return on capital employed by 2025
- Expects free cash flow to grow more than 10% per year by 2025
- Increases expected Noble synergies to $600 million, twice the initial estimate
- Targets 35% carbon intensity reduction by 2028
3.Chevron Announces Agreement to Acquire Noble Midstream Partners:
- Simplifies governance and corporate structure
- Enables further integration in support of leading DJ & Permian positions
- Transaction expected to close in 2Q 2021
What do you think?
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$CVX CallsBullish pinbar on $CVX. Good sign of reversal from its small downtrend. Going to watch for a break through 21ma. eyeing $110 strike 4/16 exp. Take profit areas are 107 and then 110
CVX 🌦This is my forecast leading up to earnings. I might just paper trade this on interactive brokers. The hefty dividend yield coupled with the beta less than 1 isn't sufficiently enticing for me to go through with buying calls. The stars don't always align. This is why I follow certain step to ascertain the likelihood of making a profit with options. Although these steps aren't statically rigorous they have helped me develop an efficient methodology.
Everything starts with the pattern then we look for beta that is at least one, Market cap > $15 B and dividend yield < 2%. The next step is to identify the IV percentile, I like to use market chameleon. Reminder you want to be buying options in a low IV environment and selling options in a high one. Next you select the previous high or previous low depending on if it's a call or a put you are buying to open and you use that high or low as your strike price. These are my steps for buying to open calls and puts.
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CVX, Long or Short ?? Structure analysis for bothNews Flow: Warren Buffet loads CVX in his Portfolio along with VZ
Price action : Price breaks previously held resistance area of 95-96 with convincing price action and volume , against a strong negative sentiment in the market.
Long Idea: Previously held Resistance(95-96) if it holds as Support, we can see a good upswing on this stock.
(Rotations at support is required to confirm the validity of the trend)
Short Idea: If Support line(95-96) line fails to provide Support, I would like to see the price action as shown to be convinced of Short switch
#CVX the optimistic scenario #SPX #QQQ #DJI#CVX the optimistic scenario #SPX #QQQ #DJI let's wait and see what could happen. Good Luck
CHEVRON - CVX - Small consolidation before continuing higher ?CVX - Looks like it's pulling back to the 103 level for now as part of a potential wave iv.
Strongest resistance is at the 103/105 zone but it would be normal if price drops and bounces off the 99/101 zone too.
The count gets invalidated if it drops below 96 of course.
$CVX with a neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $CVX after a negative under reaction following its earnings release placing the stock in drift D
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
CVX (NYSE) - Go BullishGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
CVX (NYSE) - Go Bullish
Chevron will do what he want but...After a beautiful double bottom done, CVX is now probably in the consolidation area where we need looking for further setups if price will follow ascending triangle...
Inverse head & sholder is here just for fun :) ( but it would be fun if it happened)
Stay tuned.
NYSE:CVX
Chevron may be a good trade ... 98$Chevron may be a good trade in the next weeks, but i would wait it comes down to 98$
This would be the best setup. Shortterm it is overbought and the price could come down a little bit for a better entry point.
Patiently waiting...
