CVX Gamma Squeeze, Pin & Wall Analysis

CVX Chevron $185.95 -0.29% (updated 2026-05-12)

Today's OI Read — CVX

Where the walls are, where price sits, and what the dealer positioning implies for Chevron

In Between Walls?

$190

DOM

$200

2ND

$185.95

Outside the dominant wall range — directional momentum more likely than mean reversion.

Magnet Strength Details →

2.22× Very High (>2×)

Current OI 112,940

30d Avg OI 50,825

Elevated OI — dealers carry larger hedges, making price walls structurally stronger.

Put/Call Ratio

0.62

CALL HEAVY

Below 0.8 — call OI dominates. Bullish positioning; dealers are short calls and will sell delta into rallies.

Dominant Wall

$190

▲ Above spot

The highest OI concentration strike — the structural anchor dealers are most committed to hedging.

Distance to #1 Wall

$-4.05

-2.18%

Price is below the dominant wall — acts as resistance.

Wall Skew

+0.093

BALANCED

Balanced call/put OI at the dominant wall — no dominant dealer incentive in either direction.

Today's Top Setup — CVX

SQUEEZE, PIN, and CAGE scored 0–100 from OI structure. Highest score = today's highest-conviction setup.

PIN — 53.7% hit rate (n=1,719). CAGE — 45.4% (n=1,161). SQUEEZE — 49.5% (n=5,555). Half hit, half don't — the edge is asymmetric payoff.

Strength scores are locked

PRO

See exactly which setup is most likely — and by how much

Unlock

🚀 SQUEEZE

candidate

Strength ██%

5d horizon

Target · Stock pops ≥+5% within 10 trading days — the kind of move where the winners run far enough to outweigh the misses.

📌 PIN

AUC 0.83 measured

Strength ██%

1d horizon

Target · Price closes within 0.5% of $190 (dom strike) by +1d.

↔ CAGE

AUC 0.55 measured

Strength ██%

5d horizon

Target · Price stays between $190 – $200 through +5d.

Top OI Walls

Largest open interest concentrations · sorted by strike price · * OI projected from prior day

2026-05-12

Rank	Strike	Call OI	Put OI	Total OI	P/C	% of Max
#2	$200 Resistance	10,390	4,471	14,861	0.43	79%
#3	$195 Resistance	8,204	1,080	9,284	0.13	49%
#1	$190 Resistance	10,343	8,580	18,923	0.83	100%
▶ $185.95
#5	$180 Support	3,151	5,102	8,253	1.62	44%
#4	$175 Support	4,401	4,014	8,415	0.91	44%

Dealer Magnet Strength

When total OI is elevated vs its 30-day rolling average, dealer hedging is heavier — walls act like magnets. Very High = stronger PIN / CAGE conviction. Near-normal = weaker structural hold.

Current Magnet Strength

Very High (>2×)

Low (<0.7×)

76.9%

225 days · 1d

Normal (0.7–1×)

69.0%

58 days · 1d

Elevated (1–1.5×)

96.4%

28 days · 1d

High (1.5–2×)

76.5%

17 days · 1d

Very High (>2×)

86.3%

74 days · 1d

Containment Rate by OI Magnitude Bucket

OI ratio = today's total OI ÷ 30-day rolling average. Does elevated OI predict price staying inside the dominant wall range?

OI Level	Days	1d	2d	5d	10d	20d
Low (<0.7×)	225	76.9%	71.1%	51.1%	39.4%	38.6%
Normal (0.7–1×)	58	69.0%	63.8%	53.4%	37.9%	31.0%
Elevated (1–1.5×)	28	96.4%	89.3%	60.7%	42.9%	28.6%
High (1.5–2×)	17	76.5%	64.7%	70.6%	52.9%	53.3%
Very High (>2×)	74	86.3%	77.8%	66.2%	69.0%	47.9%

SQUEEZE / PIN / CAGE Setup Backtest — CVX

Last 50 sessions — which setup fired, what the score was, and whether it hit. See the actual win/loss record.

0 days ·

Min Strength 60

Magnet:

2026-05-05

↔ CAGE

Strength 35%

Magnet

Floor $195

Ceiling $200

Range 2.6%

✗ Miss

Win Criteria

Stay inside $195–$200 for 5 days

What Happened

$185.95

-3.47%

Broke down — max move 5.7% (need ≤2%)

2026-05-04

↔ CAGE

Strength 35%

Magnet

Floor $195

Ceiling $200

Range 2.6%

✗ Miss

Win Criteria

Stay inside $195–$200 for 5 days

What Happened

$184.74

-3.92%

Broke up — max move 5.1% (need ≤2%)

2026-05-01

📌 PIN

Strength 15%

Magnet

Floor $175

Ceiling $210

Range 18.4%

✗ Miss

Win Criteria

Close within 0.5% of $210 by end of day

What Happened

$192.28

+0.87%

Closed 9.3% from wall (need ≤0.5%) — moved +0.9%

2026-04-30

📌 PIN

Strength 55%

Magnet

Floor $188

Ceiling $195

Range 3.9%

✗ Miss

Win Criteria

Close within 0.5% of $195 by end of day

What Happened

$190.63

-1.39%

Closed 2.3% from wall (need ≤0.5%) — moved -1.4%

2026-04-29

↔ CAGE

Strength 35%

Magnet

Floor $188

Ceiling $195

Range 3.9%

✓ Hit

Win Criteria

Stay inside $188–$195 for 5 days

What Happened

$185.16

-3.67%

2026-04-28

📌 PIN

Strength 75%

Magnet

Floor $188

Ceiling $200

Range 6.6%

✗ Miss

Win Criteria

Close within 0.5% of $188 by end of day

What Happened

$192.22

+2.05%

Closed 2.5% from wall (need ≤0.5%) — moved +2.0%

2026-04-27

📌 PIN

Strength 35%

Magnet

Floor $188

Ceiling $200

Range 6.8%

✓ Hit

Win Criteria

Close within 0.5% of $188 by end of day

What Happened

$188.36

+1.94%

2026-04-24

↔ CAGE

Strength 35%

Magnet

Floor $195

Ceiling $200

Range 2.7%

✗ Miss

Win Criteria

Stay inside $195–$200 for 5 days

What Happened

$190.63

+2.93%

Broke down — max move 3.8% (need ≤2%)

2026-04-23

↔ CAGE

Strength 35%

Magnet

Floor $190

Ceiling $195

Range 2.7%

✓ Hit

Win Criteria

Stay inside $190–$195 for 5 days

What Happened

$193.31

+3.04%

2026-04-22

📌 PIN

Strength 15%

Magnet

Floor $175

Ceiling $195

Range 10.7%

✗ Miss

Win Criteria

Close within 0.5% of $195 by end of day

What Happened

$187.60

+0.69%

Closed 4.0% from wall (need ≤0.5%) — moved +0.7%

2026-04-21

📌 PIN

Strength 15%

Magnet

Floor $175

Ceiling $195

Range 10.8%

✗ Miss

Win Criteria

Close within 0.5% of $175 by end of day

What Happened

$186.32

+0.18%

Closed 6.1% from wall (need ≤0.5%) — moved +0.2%

2026-04-20

📌 PIN

Strength 5%

Magnet

Floor $180

Ceiling $195

Range 8.2%

✗ Miss

Win Criteria

Close within 0.5% of $195 by end of day

What Happened

$185.98

+1.49%

Closed 4.9% from wall (need ≤0.5%) — moved +1.5%

2026-04-17

↔ CAGE

Strength 20%

Magnet

Floor $195

Ceiling $205

Range 5.4%

✓ Hit

Win Criteria

Stay inside $195–$205 for 5 days

What Happened

$185.21

+0.66%

2026-04-16

↔ CAGE

Strength 55%

Magnet

Floor $195

Ceiling $200

Range 2.7%

✗ Miss

Win Criteria

Stay inside $195–$200 for 5 days

What Happened

$187.60

-0.29%

Broke down — max move 2.6% (need ≤2%)

2026-04-15

↔ CAGE

Strength 55%

Magnet

Floor $195

Ceiling $200

Range 2.7%

✓ Hit

Win Criteria

Stay inside $195–$200 for 5 days

What Happened

$186.32

+0.76%

2026-04-14

↔ CAGE

Strength 55%

Magnet

Floor $195

Ceiling $200

Range 2.7%

✓ Hit

Win Criteria

Stay inside $195–$200 for 5 days

What Happened

$185.98

-0.56%

2026-04-13

↔ CAGE

Strength 55%

Magnet

Floor $195

Ceiling $200

Range 2.6%

✗ Miss

Win Criteria

Stay inside $195–$200 for 5 days

What Happened

$183.25

-4.45%

Broke down — max move 3.6% (need ≤2%)

2026-04-10

↔ CAGE

Strength 55%

Magnet

Floor $195

Ceiling $200

Range 2.7%

✓ Hit

Win Criteria

Stay inside $195–$200 for 5 days

What Happened

$183.99

-2.42%

2026-04-09

↔ CAGE

Strength 55%

Magnet

Floor $205

Ceiling $210

Range 2.6%

✓ Hit

Win Criteria

Stay inside $205–$210 for 5 days

What Happened

$188.15

-1.16%

2026-04-08

↔ CAGE

Strength 55%

Magnet

Floor $205

Ceiling $210

Range 2.6%

✗ Miss

Win Criteria

Stay inside $205–$210 for 5 days

What Happened

$184.91

-4.14%

Broke down — max move 2.2% (need ≤2%)

2026-04-07

↔ CAGE

Strength 55%

Magnet

Floor $205

Ceiling $210

Range 2.5%

✗ Miss

Win Criteria

Stay inside $205–$210 for 5 days

What Happened

$187.02

-7.20%

Broke down — max move 6.4% (need ≤2%)

2026-04-06

↔ CAGE

Strength 55%

Magnet

Floor $205

Ceiling $210

Range 2.5%

✗ Miss

Win Criteria

Stay inside $205–$210 for 5 days

What Happened

$191.78

-3.56%

Broke up — max move 4.3% (need ≤2%)

2026-04-02

↔ CAGE

Strength 55%

Magnet

Floor $212

Ceiling $215

Range 1.3%

✗ Miss

Win Criteria

Stay inside $212–$215 for 5 days

What Happened

$188.55

-5.24%

Broke down — max move 3.1% (need ≤2%)

2026-04-01

↔ CAGE

Strength 55%

Magnet

Floor $212

Ceiling $215

Range 1.3%

✗ Miss

Win Criteria

Stay inside $212–$215 for 5 days

What Happened

$190.36

-3.57%

Broke up — max move 2.1% (need ≤2%)

2026-03-31

↔ CAGE

Strength 55%

Magnet

Floor $212

Ceiling $215

Range 1.2%

✗ Miss

Win Criteria

Stay inside $212–$215 for 5 days

What Happened

$192.89

-6.77%

Broke down — max move 4.6% (need ≤2%)

2026-03-30

↔ CAGE

Strength 55%

Magnet

Floor $212

Ceiling $215

Range 1.2%

✗ Miss

Win Criteria

Stay inside $212–$215 for 5 days

What Happened

$201.54

-4.35%

Broke down — max move 6.3% (need ≤2%)

2026-03-27

📌 PIN

Strength 35%

Magnet

Floor $200

Ceiling $215

Range 7.1%

✗ Miss

Win Criteria

Close within 0.5% of $215 by end of day

What Happened

$210.71

-0.21%

Closed 2.0% from wall (need ≤0.5%) — moved -0.2%

2026-03-26

↔ CAGE

Strength 35%

Magnet

Floor $200

Ceiling $205

Range 2.4%

✓ Hit

Win Criteria

Stay inside $200–$205 for 5 days

What Happened

$198.97

-4.24%

2026-03-25

📌 PIN

Strength 75%

Magnet

Floor $200

Ceiling $205

Range 2.4%

✗ Miss

Win Criteria

Close within 0.5% of $205 by end of day

What Happened

$207.79

+1.29%

Closed 1.4% from wall (need ≤0.5%) — moved +1.3%

2026-03-24

📌 PIN

Strength 55%

Magnet

Floor $205

Ceiling $215

Range 4.8%

✓ Hit

Win Criteria

Close within 0.5% of $205 by end of day

What Happened

$205.15

-0.79%

2026-03-23

↔ CAGE

Strength 35%

Magnet

Floor $205

Ceiling $215

Range 4.9%

✓ Hit

Win Criteria

Stay inside $205–$215 for 5 days

What Happened

$210.71

+2.68%

2026-03-20

↔ CAGE

Strength 55%

Magnet

Floor $202

Ceiling $205

Range 1.2%

✗ Miss

Win Criteria

Stay inside $202–$205 for 5 days

What Happened

$211.15

+4.67%

Broke up — max move 2.5% (need ≤2%)

2026-03-19

↔ CAGE

Strength 35%

Magnet

Floor $175

Ceiling $180

Range 2.5%

✗ Miss

Win Criteria

Stay inside $175–$180 for 5 days

What Happened

$207.79

+3.15%

Broke up — max move 2.7% (need ≤2%)

2026-03-18

↔ CAGE

Strength 35%

Magnet

Floor $175

Ceiling $180

Range 2.5%

✗ Miss

Win Criteria

Stay inside $175–$180 for 5 days

What Happened

$205.15

+3.29%

Broke up — max move 3.3% (need ≤2%)

2026-03-17

↔ CAGE

Strength 35%

Magnet

Floor $175

Ceiling $180

Range 2.5%

✓ Hit

Win Criteria

Stay inside $175–$180 for 5 days

What Happened

$206.79

+4.46%

2026-03-16

↔ CAGE

Strength 35%

Magnet

Floor $175

Ceiling $180

Range 2.5%

✗ Miss

Win Criteria

Stay inside $175–$180 for 5 days

What Happened

$205.21

+4.25%

Broke up — max move 2.3% (need ≤2%)

2026-03-13

↔ CAGE

Strength 35%

Magnet

Floor $175

Ceiling $180

Range 2.5%

✓ Hit

Win Criteria

Stay inside $175–$180 for 5 days

What Happened

$201.73

+2.49%

2026-03-12

↔ CAGE

Strength 20%

Magnet

Floor $190

Ceiling $200

Range 5.1%

✓ Hit

Win Criteria

Stay inside $190–$200 for 5 days

What Happened

$201.44

+2.27%

2026-03-11

📌 PIN

Strength 55%

Magnet

Floor $190

Ceiling $200

Range 5.2%

✗ Miss

Win Criteria

Close within 0.5% of $190 by end of day

What Happened

$196.97

+2.70%

Closed 3.6% from wall (need ≤0.5%) — moved +2.7%

2026-03-10

↔ CAGE

Strength 20%

Magnet

Floor $190

Ceiling $200

Range 5.4%

✗ Miss

Win Criteria

Stay inside $190–$200 for 5 days

What Happened

$197.97

+6.27%

Broke up — max move 5.7% (need ≤2%)

2026-03-09

📌 PIN

Strength 75%

Magnet

Floor $190

Ceiling $195

Range 2.6%

✗ Miss

Win Criteria

Close within 0.5% of $190 by end of day

What Happened

$186.29

-1.66%

Closed 2.0% from wall (need ≤0.5%) — moved -1.7%

2026-03-06

📌 PIN

Strength 75%

Magnet

Floor $180

Ceiling $190

Range 5.3%

✓ Hit

Win Criteria

Close within 0.5% of $190 by end of day

What Happened

$189.44

-0.26%

2026-03-05

📌 PIN

Strength 75%

Magnet

Floor $190

Ceiling $205

Range 7.9%

✓ Hit

Win Criteria

Close within 0.5% of $190 by end of day

What Happened

$189.94

+0.02%

2026-03-04

📌 PIN

Strength 5%

Magnet

Floor $190

Ceiling $205

Range 8.1%

✓ Hit

Win Criteria

Close within 0.5% of $190 by end of day

What Happened

$189.90

+2.08%

2026-03-03

📌 PIN

Strength 55%

Magnet

Floor $190

Ceiling $205

Range 7.9%

✗ Miss

Win Criteria

Close within 0.5% of $190 by end of day

What Happened

$186.03

-1.45%

Closed 2.1% from wall (need ≤0.5%) — moved -1.5%

2026-03-02

📌 PIN

Strength 75%

Magnet

Floor $190

Ceiling $205

Range 7.9%

✗ Miss

Win Criteria

Close within 0.5% of $190 by end of day

What Happened

$188.77

-0.44%

Closed 0.6% from wall (need ≤0.5%) — moved -0.4%

2026-02-27

📌 PIN

Strength 35%

Magnet

Floor $180

Ceiling $190

Range 5.4%

✓ Hit

Win Criteria

Close within 0.5% of $190 by end of day

What Happened

$189.60

+1.52%

2026-02-26

📌 PIN

Strength 35%

Magnet

Floor $188

Ceiling $195

Range 4.1%

✓ Hit

Win Criteria

Close within 0.5% of $188 by end of day

What Happened

$186.76

+1.41%

2026-02-25

↔ CAGE

Strength 35%

Magnet

Floor $190

Ceiling $195

Range 2.7%

✗ Miss

Win Criteria

Stay inside $190–$195 for 5 days

What Happened

$186.03

+0.98%

Broke down — max move 2.9% (need ≤2%)

2026-02-24

📌 PIN

Strength 75%

Magnet

Floor $185

Ceiling $190

Range 2.7%

✓ Hit

Win Criteria

Close within 0.5% of $185 by end of day

What Happened

$184.22

-0.60%