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Oil is Off Its Highs But Shorting Chevron Puts Provides Good Yields
Yahoo Finance· 2026-04-27 21:00
Oil is off peak prices as tensions over the Iran war have subsided. As a result, oil stocks such as Chevron Corp. (CVX) have declined. But put option premiums remain high, making them attractive to short-sellers. CVX closed at $185.21 on Friday, April 24, down 1.27%. It's now well off a peak price of $211.15 on March 27. More News from Barchart CVX - last 3 months - Barchart - April 24, 2026 How Prior CVX Option Plays Worked Out I discussed selling short covered calls and cash-secured puts on April ...