Noteworthy Tuesday Option Activity: CVX, FMI, RYAM
January 23, 2018 at 15:25 PM EST
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 27,654 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 50.2% of CVX's average daily trading volume over the past month, of 5.5 million shares..