Notable Thursday Option Activity: FANG, VLO, XLNX
Stock Options Channel Staff - Thursday, July 1, 1:21 PMAmong the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Diamondback Energy, Inc. (FANG), where a total of 17,226 contracts have traded so far, representing approximately 1.7 million underlying shares. That amounts to about 73% of FANG's average daily trading volume over the past month of 2.4 million shares. Particularly high volume was seen for the $70 strike call option expiring January 21, 2022, with 4,208 contracts trading so far today, representing approximately 420,800 underlying shares of FANG. Below is a chart showing FANG's trailing twelve month trading history, with the $70 strike highlighted in orange:
Valero Energy Corp (VLO) saw options trading volume of 29,482 contracts, representing approximately 2.9 million underlying shares or approximately 70.9% of VLO's average daily trading volume over the past month, of 4.2 million shares.
Particularly high volume was seen for the $85 strike call option expiring July 16, 2021, with 21,437 contracts trading so far today, representing approximately 2.1 million underlying shares of VLO. Below is a chart showing VLO's trailing twelve month trading history, with the $85 strike highlighted in orange:
And Xilinx, Inc. (XLNX) options are showing a volume of 10,791 contracts thus far today. That number of contracts represents approximately 1.1 million underlying shares, working out to a sizeable 60.9% of XLNX's average daily trading volume over the past month, of 1.8 million shares.
Especially high volume was seen for the $185 strike call option expiring January 21, 2022, with 2,300 contracts trading so far today, representing approximately 230,000 underlying shares of XLNX. Below is a chart showing XLNX's trailing twelve month trading history, with the $185 strike highlighted in orange:
For the various different available expirations for FANG options, VLO options, or XLNX options, visit StockOptionsChannel.com.