Amid the backdrop of a challenged consumer economy and fading global demand, Chevron (CVX) and other major oil giants haven’t exactly enjoyed a stellar performance. Since the beginning of the year, CVX stock has gained less than 5%. Even with the admittedly robust dividend yield added, the total return comes out to only 9.4%. In contrast, the benchmark S&P 500 has gained over 13% during the same frame. It’s no surprise, then, that even the options market appears to signal discontent over CVX stock. Still, ...