Noteworthy Friday Option Activity: CVX, SABR, UBER
July 16, 2021 at 15:33 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Chevron Corporation (CVX), where a total volume of 48,281 contracts has been traded thus far today, a contract volume which is representative of approximately 4.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 48.1% of CVX's average daily trading volume over the past month, of 10.0 million shares..