Chevron Corp (CVX) stock closed at $224.99 on Friday, Oct. It has risen 10% since the end of September ($204.21). And CVX is also up 8.6% ($207.10) since my last Barchart article on Oct. 2, “Chevron Stock May Attract Value Investors, Especially If It Hikes the Dividend Next Year.”
I suggested investing a one-month put credit spread, which was attractive. That has worked well, and it makes sense to close this play out and reinvest in it again. This article will show how.
