Chevron call volume above normal and directionally bullish

Bullish option flow detected in Chevron (CVX) with 15,203 calls trading, 3x expected, and implied vol increasing over 1 point to 18.67%. 3/28 weekly 170 calls and Jun-25 185 calls are the most active options, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 0.36. Earnings are expected on April 25th.

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