Occidental Petroleum Corp (Symbol: OXY) options are showing a volume of 47,040 contracts thus far today. That number of contracts represents approximately 4.7 million underlying shares, working out to a sizeable 47.2% of OXY's average daily trading volume over the past month, of 10.0 million shares. Particularly high volume was seen for the $55 strike call option expiring July 17, 2026, with 9,238 contracts trading so far today, representing approximately 923,800 underlying shares of OXY. Below is a chart showing OXY's trailing twelve month trading history, with the $55 strike highlighted in orange:
And Chevron Corporation (Symbol: CVX) options are showing a volume of 42,156 contracts thus far today. That number of contracts represents approximately 4.2 million underlying shares, working out to a sizeable 43.6% of CVX's average daily trading volume over the past month, of 9.7 million shares. Particularly high volume was seen for the $195 strike call option expiring July 17, 2026, with 10,171 contracts trading so far today, representing approximately 1.0 million underlying shares of CVX. Below is a chart showing CVX's trailing twelve month trading history, with the $195 strike highlighted in orange:
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