CVX · Cash-Secured-Puts

Chevron Corporation Common Stock (CVX) cash-secured puts

A modelled cash-secured put from the published implied volatility, with breakeven and buffer.

$205.15
Modelled strike
$190.00
Modelled premium
$0.95
Cash required
$19,000.00
Breakeven
$189.05
Downside buffer
7.8%
Period return
0.5%
Annualized return
8.2%
Days to expiration
23
Strategy payoffModelled cash-secured put payoff. Spot $205.15. Expiry maximum profit $95.00 · Expiry maximum loss -$18,905.00 · Expiry breakevens $189.05. Total position fees $0.00 deducted once. Intrinsic at the common expiration; IV/time never alters expiry P/L. No early exercise, assignment, slippage, dividends or taxes modeled.

Update time unavailable

Loading graph — the exact table is available below.

$102.575Expiration P/L -$8,647.50Update time unavailable
Event / reference markers
  • Spot: $205.15
  • Expiry breakeven $189.05: $189.05
  • sell put strike $190.00: $190.00
Exact data table
Strategy payoff · full stored dataset, independent of graph range/toggles
ObservationExpiration P/L (USD)ContextUpdated
-$8,647.50Update time unavailable
-$8,442.35Update time unavailable
-$8,237.20Update time unavailable
-$8,032.05Update time unavailable
-$7,826.90Update time unavailable
-$7,621.75Update time unavailable
-$7,416.60Update time unavailable
-$7,211.45Update time unavailable
-$7,006.30Update time unavailable
-$6,801.15Update time unavailable
-$6,596.00Update time unavailable
-$6,390.85Update time unavailable
-$6,185.70Update time unavailable
-$5,980.55Update time unavailable
-$5,775.40Update time unavailable
-$5,570.25Update time unavailable
-$5,365.10Update time unavailable
-$5,159.95Update time unavailable
-$4,954.80Update time unavailable
-$4,749.65Update time unavailable
-$4,544.50Update time unavailable
-$4,339.35Update time unavailable
-$4,134.20Update time unavailable
-$3,929.05Update time unavailable
-$3,723.90Update time unavailable
-$3,518.75Update time unavailable
-$3,313.60Update time unavailable
-$3,108.45Update time unavailable
-$2,903.30Update time unavailable
-$2,698.15Update time unavailable
-$2,493.00Update time unavailable
-$2,287.85Update time unavailable
-$2,082.70Update time unavailable
-$1,877.55Update time unavailable
-$1,672.40Update time unavailable
-$1,467.25Update time unavailable
-$1,262.10Update time unavailable
-$1,056.95Update time unavailable
-$851.80Update time unavailable
-$646.65Update time unavailable
-$441.50Update time unavailable
-$236.35Update time unavailable
-$31.20Update time unavailable
$0.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Spot referenceUpdate time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable
$95.00Update time unavailable

Black-Scholes from the published at-the-money implied volatility (one expected move out of the money). If assigned you buy 100 shares at the strike, an effective $189.05 per share after premium; the shares can keep falling.

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Data provenance

Figures are from published, reviewed research as of Oct 7, 2026, 4:00 PM EDT. Modelled option premiums use Black-Scholes with the published at-the-money implied volatility and are labelled as modelled, not as live quotes.