An options trade on a cheap energy stock that generates income while you wait for the comeback

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An options trade on a cheap energy stock that generates income while you wait for the comeback
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Mike Khouw reviews an options trade on Chevron

There's a major energy stock trading on the cheap with a chance for upside. I'll review an options trade that generates income while I wait for the potential comeback. Last October, Chevron announced the acquisition of Hess Corp for $60 billion, a deal expected to complete by the end of June.

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LPGA’s Stacy Lewis returns home for Chevron Championship in AprilLPGA’s Stacy Lewis returns home for Chevron Championship in AprilThe Chevron Championship returns to The Woodlands, marking the second year of the LPGA major event in Stacy Lewis's hometown, with discussions featuring Lewis and Pernilla Lindberg adding an extra layer of inspiration for aspiring golfers.
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Houston murder: Chevron store clerk killed on Gulf FreewayHouston murder: Chevron store clerk killed on Gulf FreewayThe clerk was armed at the time of the shooting, but it hasn't been determined if he fired back at the suspects.
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Chevron agrees to pay more than $13 million in fines for California oil spillsChevron agrees to pay more than $13 million in fines for California oil spillsChevron has agreed to pay more than $13 million in fines for dozens of past oil spills in California. The California-based energy giant agreed to pay the California Department of Conservation a $5.6 million fine associated with a 2019 oil spill in Kern County. The company also agreed to pay the California Department of Fish and Wildlife a $7.
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