Highlights from Wednesday’s Significant Options Activity: LYB, OXY, XOM

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LyondellBasell Industries NV (LYB) recorded a trading volume of 55,513 contracts today, equating to approximately 5.6 million underlying shares, which is 59.4% of its average daily trading volume of 9.3 million shares over the past month. Notably, the $70 strike put option expiring on April 17, 2026, saw 15,084 contracts traded, representing around 1.5 million underlying shares.

Occidental Petroleum Corp (OXY) experienced a trading volume of 112,292 contracts, representing about 11.2 million underlying shares, or 53.2% of its average daily volume of 21.1 million shares in the last month. The $60 strike call option expiring April 17, 2026, had particularly high activity, with 7,035 contracts traded, equivalent to approximately 703,500 underlying shares.

Exxon Mobil Corp (XOM) saw options trading volume of 134,297 contracts, translating to around 13.4 million underlying shares and 52.5% of its average daily volume of 25.6 million shares. The $180 strike call option expiring on April 17, 2026, was especially active, with 13,433 contracts traded, representing roughly 1.3 million underlying shares.

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