Notable Thursday Option Activity: CVX, LYV, VAL

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Chevron Corporation (Symbol: CVX), where a total of 59,944 contracts have traded so far, representing approximately 6.0 million underlying shares. That amounts to about 51.2% of CVX's average daily trading volume over the past month of 11.7 million shares. Especially high volume was seen for the $190 strike call option expiring February 20, 2026, with 3,790 contracts trading so far today, representing approximately 379,000 underlying shares of CVX. Below is a chart showing CVX's trailing twelve month trading history, with the $190 strike highlighted in orange:

Live Nation Entertainment Inc (Symbol: LYV) options are showing a volume of 13,314 contracts thus far today. That number of contracts represents approximately 1.3 million underlying shares, working out to a sizeable 49.2% of LYV's average daily trading volume over the past month, of 2.7 million shares. Especially high volume was seen for the $150 strike call option expiring March 20, 2026, with 2,004 contracts trading so far today, representing approximately 200,400 underlying shares of LYV. Below is a chart showing LYV's trailing twelve month trading history, with the $150 strike highlighted in orange:

And Valaris Ltd (Symbol: VAL) options are showing a volume of 12,185 contracts thus far today. That number of contracts represents approximately 1.2 million underlying shares, working out to a sizeable 46.5% of VAL's average daily trading volume over the past month, of 2.6 million shares. Especially high volume was seen for the $120 strike call option expiring December 18, 2026, with 12,080 contracts trading so far today, representing approximately 1.2 million underlying shares of VAL. Below is a chart showing VAL's trailing twelve month trading history, with the $120 strike highlighted in orange:

For the various different available expirations for CVX options, LYV options, or VAL options, visit StockOptionsChannel.com.

Today's Most Active Call & Put Options of the S&P 500 »

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