Spotlight on Heavy Options Trading: Chevron, Moderna, and Capital One Lead the Way

Today, the options market is buzzing with activity focusing on three major companies: Chevron Corporation (Symbol: CVX), Moderna Inc (Symbol: MRNA), and Capital One Financial Corp (Symbol: COF). Each has seen substantial options trading volume, indicating investor interest and potential market movements.

Chevron Corporation Sees Record Option Activity

Chevron Corporation has experienced considerable trading activity today, with a total of 45,326 contracts exchanged. This figure translates to about 4.5 million underlying shares since each contract represents 100 shares. Remarkably, this volume constitutes 77.3% of CVX’s average daily trading volume over the past month, which is 5.9 million shares. The most notable transaction involved the $155 strike call option expiring on November 01, 2024, where 5,655 contracts traded, representing roughly 565,500 underlying shares. The chart below illustrates CVX’s trailing twelve-month trading history, highlighting the $155 strike in orange:

Moderna Inc: A Surge in Options Volume

In a similar vein, Moderna Inc has recorded an impressive volume of 33,451 contracts today. This volume indicates around 3.3 million underlying shares, accounting for 74% of MRNA’s average daily trading volume of 4.5 million shares over the past month. Specifically, the $55 strike call option expiring on November 01, 2024, has generated significant interest, with 6,994 contracts trading so far, which corresponds to about 699,400 underlying shares. Below is the twelve-month trading chart for MRNA, with the $55 strike highlighted in orange:

Capital One Financial Corp’s Options Activity

Meanwhile, Capital One Financial Corp has seen 12,888 option contracts traded today, representing approximately 1.3 million underlying shares. This figure makes up a noteworthy 47.7% of COF’s average daily trading volume of 2.7 million shares in the past month. The $170 strike call option expiring on November 15, 2024, produced significant trading volume too, with 5,695 contracts exchanged, representing about 569,500 underlying shares. The chart below displays COF’s trailing twelve-month trading history, with the $170 strike emphasized in orange:

For further details on available options expirations for CVX, MRNA, or COF, visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• IHC Historical Stock Prices
• Institutional Holders of NBY
• Funds Holding UVV

The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.