01 — CVX · IRON CONDOR

Best CVX iron condor setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Second-largest US energy supermajor with steady options flow and Hess-merger overhang.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD

Chevron

Energy

CVX

$231.46+13.3% / 30d

IV rank (1y)

33.7% · moderate

Next earnings

Oct 30

Market cap

$454.0B

P/E (fwd)

14.7

Dividend

$6.98 · Aug 19

Option vol

10K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration

Probability of profit

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Top pick · 4-leg iron condor

$205/$210P + $250/$255C · Dec 4

36 DAYS · BOTH WINGS 5 WIDE · SELL TO OPEN

Credit

$175

Return

53.85%

PoP

69%

Wings	Expiration	Credit	Return ↓	PoP
$215P / $245C 5 wide wings	Nov 27 29 days	$140 $1.40 / share	38.89%	62%
$212.5P / $245C 5 wide wings	Nov 20 22 days	$133 $1.33 / share	36.24%	68%
$215P / $242.5C 5 wide wings	Nov 20 22 days	$114 $1.14 / share	29.53%	61%
$210P / $250C 5 wide wings	Nov 27 29 days	$81 $0.81 / share	19.33%	73%