Among the S&P 500 components today, Cadence Design Systems Inc (CDNS) recorded significant options trading volume with 11,454 contracts exchanged, equivalent to approximately 1.1 million underlying shares, or 50.9% of its average daily trading volume of 2.2 million shares. A notable portion involved the $330 strike call option expiring June 18, 2026, with 6,057 contracts traded, accounting for about 605,700 underlying shares.
Invesco Ltd (IVZ) reported an options trading volume of 27,889 contracts, representing around 2.8 million underlying shares, or 48.4% of its monthly average of 5.8 million shares. The $26 strike call option expiring July 17, 2026, saw particularly high activity with 12,521 contracts traded.
Chevron Corporation (CVX) experienced the highest options trading volume among the three, with 67,418 contracts traded, approximately 6.7 million underlying shares, or 47.8% of its daily average of 14.1 million shares. The $180 strike put option expiring April 17, 2026, saw 3,949 contracts traded, representing around 394,900 underlying shares.
