Noteworthy Tuesday Option Activity: OXY, SAIA, JACK
June 25, 2024 at 15:24 PM EDT
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Occidental Petroleum Corp (OXY), where a total volume of 54,749 contracts has been traded thus far today, a contract volume which is representative of approximately 5.5 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 68.6% of OXY's average daily trading volume over the past month, of 8.0 million shares..