Oil Futures Keep Rising, and Shorting Chevron Covered Calls and Cash-Secured Puts Works

Oil is now at a new high of $113.24 ahead of Trump's Tuesday evening Iran deal ultimatum. Chevron Corp (CVX) stock is higher, pushing up CVX put and call option premiums. As a result, investors can make good money selling short out-of-the-money (OTM) CVX puts and calls over the next month. This article will show how. More News from Barchart CVX stock - last 3 months - Barchart - April 6 close CVX closed at $198.86 on Monday, off its recent peak of $211.15 near the end of March (3/27). It's essentially ...