Noteworthy Friday Option Activity: CVX, HD, MMM
August 26, 2016 at 15:38 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 27,850 contracts has been traded thus far today, a contract volume which is representative of approximately 2.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 44.9% of CVX's average daily trading volume over the past month, of 6.2 million shares..