HomeMarket NewsExploration of Intriguing Friday Option Activity: Chevron, Devon Energy, LiveRamp Holdings

Exploration of Intriguing Friday Option Activity: Chevron, Devon Energy, LiveRamp Holdings

Actionable Trade Ideas

always free

Chevron Corporation: Unveiling the Numbers

Exploring the realm of options trading today within the Russell 3000 index, one cannot help but notice the remarkable activity piquing interest in Chevron Corporation (Symbol: CVX). Pawing through the numbers, a total of 35,164 contracts have exchanged hands thus far. This volume mirrors around 3.5 million underlying shares, illustrating a sizeable 42.9% of CVX’s average daily trading volume over the past month. A notable surge was observed for the $125 strike put option set to expire on June 21, 2024, with 3,013 contracts taking the stage today, symbolizing approximately 301,300 underlying shares of CVX. The trailing twelve month trading history of CVX showcases this noteworthy activity, with the $125 strike shimmering in an evocative shade of orange.

Loading+chart+β€”+2024+TickerTech.com

Devon Energy Corp: Riding the Wave

Turning our attention to Devon Energy Corp. (Symbol: DVN), we witness a whirlwind of options activity. A robust total of 33,528 contracts have danced across the trading floor, representing around 3.4 million underlying shares or about 42.6% of DVN’s average daily trading volume over the past month. The $50 strike call option, set to bid adieu on March 15, 2024, attracted an exceptionally high volume with 2,355 contracts making an appearance today, symbolizing approximately 235,500 underlying shares of DVN. The trailing twelve month trading history of DVN paints a vivid picture, with the $50 strike gleaming in an orange hue.

Loading+chart+β€”+2024+TickerTech.com

LiveRamp Holdings Inc: Catching the Eye

Meanwhile, over at LiveRamp Holdings Inc (Symbol: RAMP), options traders are painting the town red with a volume of 3,060 contracts. This hefty number of contracts represents approximately 306,000 underlying shares, translating to a significant 42% of RAMP’s average daily trading volume over the past month, which stood at 728,510 shares. The $35 strike put option, set to vanish on April 19, 2024, saw fervent activity today, with 1,491 contracts adding sparkle, representing around 149,100 underlying shares of RAMP. The trailing twelve month trading history of RAMP showcases this flourishing activity, with the $35 strike standing out in vibrant orange.

Loading+chart+β€”+2024+TickerTech.com

For a deeper dive into the various expiration possibilities for CVX options, DVN options, or RAMP options, feel free to visit StockOptionsChannel.com.

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

Dive Deeper:

Β• Railroads Dividend Stocks
Β• SPXC Videos
Β• FRTX YTD Return

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

Swing Trading Ideas and Market Commentary

Need some new swing ideas? Get free weekly swing ideas and market commentary from Jonathan Bernstein here: Swing Trading.

Explore More

Weekly In-Depth Market Analysis and Actionable Trade Ideas

Get institutional-level analysis and trade ideas to take your trading to the next level, sign up for free and become apart of the community.