High Options Trading Volume Observed in Major S&P 500 Stocks

Today, significant options trading activity was noted among the S&P 500 index components. Chevron Corporation (Symbol: CVX) reported a total of 45,339 contracts traded so far, which approximates 4.5 million underlying shares. This figure represents around 56.5% of Chevron’s average daily trading volume, which is 8.0 million shares over the past month.

The $165 strike call option expiring on March 21, 2025, drew particular attention, with 12,017 contracts traded thus far, corresponding to roughly 1.2 million underlying shares of CVX. Below is a chart depicting CVX’s trailing twelve-month trading history, with the $165 strike highlighted in orange:

Similarly, Corning Inc (Symbol: GLW) has experienced notable options volume today, with 33,338 contracts traded, which translates to approximately 3.3 million underlying shares. This represents a substantial 53.2% of GLW’s average daily trading volume of 6.3 million shares over the past month.

In Corning’s case, the $48 strike call option expiring on March 21, 2025, was particularly active, with 10,899 contracts traded, equating to around 1.1 million underlying shares. Below is the chart showing GLW’s twelve-month trading history, with the $48 strike highlighted in orange:

Dollar Tree Inc (Symbol: DLTR) also sees a surge in options trading with 18,327 contracts exchanged today. This volume corresponds to roughly 1.8 million underlying shares, accounting for about 50.5% of DLTR’s average daily trading volume of 3.6 million shares over the past month.

A notable high volume was recorded for the $90 strike call option expiring on May 16, 2025, with 6,621 contracts traded, which translates to around 662,100 underlying shares of DLTR. Here is a chart showing DLTR’s trailing twelve-month trading history, with the $90 strike highlighted in orange:

For detailed information on available expirations for CVX, GLW, or DLTR options, visit StockOptionsChannel.com.

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

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