Chevron stockbackstory: The energy giant's second-quarter results are due out Aug. 1. Wall Street expects the oil industry major to earn $1.77 per share on revenue of $47.6 billion. Those are ...

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $140.0 and $175.0 for Chevron, spanning the last three months.