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Chevron (CVX) Call put ratio 4 calls to 1 put as IV increases as WTI above $62

Chevron (NYSE: CVX) September call option implied volatility is at 22 compared to 16 from September 13, October is at 18; compared to its 52-week range of 16 to 39 as WTI Crude oil trades above $62 after an air attack on a Saudi Arabian oil facility. Call put ratio 4 calls to 1 put.

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