http://www.options-trading-education.com/4431/options-trading-the-chevron-oil-spill-in-brazil/ Options Trading the Chevron Oil Spill in Brazil Options trading the Chevron oil spill in Brazil took a new turn recently. A Brazilian court is requiring that 17 employees of Chevron and Transocean, an oil rig operator, surrender their passports. Brazil appears to be ready to press criminal charges against the individuals involved, on top of a civil law suit for eleven billion dollars. All this is about an oil spill in the waters of the Atlantic far off the coast of Brazil. Here is the background. Geologists have found gigantic quantities of oil in the deep Atlantic waters off the coast of Brazil. These finds promise to take Brazil into the ranks of the top oil producers in the world.