Noteworthy Tuesday Option Activity: CVX, FCX, COP
February 21, 2017 at 14:09 PM EST
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Chevron Corporation (CVX), where a total volume of 32,204 contracts has been traded thus far today, a contract volume which is representative of approximately 3.2 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.8% of CVX's average daily trading volume over the past month, of 6.6 million shares..