Notable Thursday Option Activity: BBY, CVX, MET
Stock Options Channel Staff - Thursday, March 16, 1:29 PMAmong the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Best Buy Inc (BBY), where a total of 17,999 contracts have traded so far, representing approximately 1.8 million underlying shares. That amounts to about 67.9% of BBY's average daily trading volume over the past month of 2.6 million shares. Particularly high volume was seen for the $72.50 strike put option expiring March 17, 2023, with 8,029 contracts trading so far today, representing approximately 802,900 underlying shares of BBY. Below is a chart showing BBY's trailing twelve month trading history, with the $72.50 strike highlighted in orange:
Chevron Corporation (CVX) options are showing a volume of 47,889 contracts thus far today. That number of contracts represents approximately 4.8 million underlying shares, working out to a sizeable 61.8% of CVX's average daily trading volume over the past month, of 7.8 million shares.
Particularly high volume was seen for the $180 strike put option expiring March 17, 2023, with 5,806 contracts trading so far today, representing approximately 580,600 underlying shares of CVX. Below is a chart showing CVX's trailing twelve month trading history, with the $180 strike highlighted in orange:
And MetLife Inc (MET) saw options trading volume of 31,127 contracts, representing approximately 3.1 million underlying shares or approximately 54.1% of MET's average daily trading volume over the past month, of 5.7 million shares.
Especially high volume was seen for the $70 strike put option expiring March 17, 2023, with 11,475 contracts trading so far today, representing approximately 1.1 million underlying shares of MET. Below is a chart showing MET's trailing twelve month trading history, with the $70 strike highlighted in orange:
For the various different available expirations for BBY options, CVX options, or MET options, visit StockOptionsChannel.com.