HomeMarket NewsNotable Thursday Option Activity: HES, OGN, CVX

Notable Thursday Option Activity: HES, OGN, CVX

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Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Hess Corp (Symbol: HES), where a total of 11,367 contracts have traded so far, representing approximately 1.1 million underlying shares. That amounts to about 45% of HES’s average daily trading volume over the past month of 2.5 million shares. Especially high volume was seen for the $145 strike put option expiring May 31, 2024, with 3,411 contracts trading so far today, representing approximately 341,100 underlying shares of HES. Below is a chart showing HES’s trailing twelve month trading history, with the $145 strike highlighted in orange:

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Organon & Co (Symbol: OGN) saw options trading volume of 11,004 contracts, representing approximately 1.1 million underlying shares or approximately 43.8% of OGN’s average daily trading volume over the past month, of 2.5 million shares.
Especially high volume was seen for the $17.50 strike call option expiring May 17, 2024, with 4,874 contracts trading so far today, representing approximately 487,400 underlying shares of OGN. Below is a chart showing OGN’s trailing twelve month trading history, with the $17.50 strike highlighted in orange:

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And Chevron Corporation (Symbol: CVX) options are showing a volume of 33,124 contracts thus far today. That number of contracts represents approximately 3.3 million underlying shares, working out to a sizeable 42.7% of CVX’s average daily trading volume over the past month, of 7.8 million shares.
Especially high volume was seen for the $180 strike call option expiring June 21, 2024, with 4,025 contracts trading so far today, representing approximately 402,500 underlying shares of CVX. Below is a chart showing CVX’s trailing twelve month trading history, with the $180 strike highlighted in orange:

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For the various different available expirations for HES options, OGN options, or CVX options, visit StockOptionsChannel.com.

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

Also see:

• RSX market cap history
• Funds Holding RDBX
• Top Ten Hedge Funds Holding CURI

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

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