Noteworthy Friday Option Activity: CVX, WFC, PEP
June 05, 2020 at 13:22 PM EDT
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 53,403 contracts has been traded thus far today, a contract volume which is representative of approximately 5.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 56.9% of CVX's average daily trading volume over the past month, of 9.4 million shares..