Noteworthy Wednesday Option Activity: XOM, KLAC, LUV
April 17, 2024 at 13:32 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Exxon Mobil Corp (XOM), where a total volume of 75,589 contracts has been traded thus far today, a contract volume which is representative of approximately 7.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.8% of XOM's average daily trading volume over the past month, of 16.5 million shares..