Chevron Corp

CVXNYSE · USD
206.37USD0.00 (+0.94%)
799

Chevron Corp (CVX) Covered Calls

As of September 25, 2026, CVX has 147 covered call opportunities in the coming three months. Return ranges from 1.5 to 55.4% until expiration. Annualized return ranges from 7.7 to 899.8%. The nearest expiration is October 2, 2026. Maximum potential profit is $11,325.

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Running CVX covered calls helps you generate consistent income from Chevron Corp's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Chevron Corp involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best CVX covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.

A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if CVX stays below the strike at expiration, you keep the premium and the shares; if it rises above, you deliver the stock at the strike and still pocket the premium. Selling CVX covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given Chevron Corp covered call is worth writing.

Chevron Corporation, through its subsidiaries, engages in integrated energy and chemicals operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, production, and transportation of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, as well as operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil, refined products, and lubricants; manufacturing and marketing of renewable fuels; transporting crude oil and refined products by pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing of commodity petrochemicals, plastics for industrial uses, and fuel and lubricant additives.

It is also involved in the cash management and debt financing activities; insurance operations; real estate activities; and technology businesses. The company was formerly known as ChevronTexaco Corporation and changed its name to Chevron Corporation in 2005. Chevron Corporation was founded in 1879 and is based in San Ramon, California.

Income-focused investors, long-term CVX holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling CVX covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Chevron Corp covered calls come to you, already filtered for the metrics that matter.

Stock Statistics

  • IndustryOil & Gas Integrated
  • SectorEnergy
  • IV percentile82.94% Elevated
  • Market cap (M$)407,740
  • 52 weeks high-5.24%
  • 52 weeks low40.88%
  • Analyst recommendationBuy
    1.64
  • Target price$224.75
    8.91% above the current stock price
  • Dividend—
  • Payout ratio103.22%
  • Earnings date2026-10-30
  • P/E19.79
  • Future P/E14.74
  • EPS (ttm)10.43
  • EPS growth next 5 years20.20%

As of September 25, 2026

2026-10-0914275.0034.510.010.117056.0034.51899.78-0.00+0.0130.10
2026-10-0914270.0032.060.010.096556.0032.07836.02-0.00+0.0130.08
2026-10-0914265.0029.620.010.106056.0029.62772.26-0.00+0.0130.09
2026-10-027225.0010.050.020.292057.0010.06524.62-0.01+0.042890.27
2026-10-027222.508.830.060.131811.008.86461.88-0.03+0.032270.07
2026-10-027220.007.610.120.141567.007.66399.65-0.06+0.048980.02
2026-10-027217.506.380.160.231321.006.46336.91-0.08+0.064650.07
2026-10-0914230.0012.500.030.502558.0012.51326.20-0.01+0.052230.47
2026-10-0914227.5011.270.070.242312.0011.31294.83-0.03+0.03190.17
2026-10-027215.005.160.280.381083.005.30276.21-0.14+0.091,3430.10

As of September 25, 2026

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