Noteworthy Thursday Option Activity: OXY, AXP, ADS
October 18, 2018 at 14:35 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Occidental Petroleum Corp (OXY), where a total volume of 28,072 contracts has been traded thus far today, a contract volume which is representative of approximately 2.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.2% of OXY's average daily trading volume over the past month, of 5.2 million shares..