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17 April
Noteworthy Wednesday Option Activity: XOM, KLAC, LUV

Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Exxon Mobil Corp (Symbol: XOM), where a total volume of 75,589 contracts has been traded thus far today, a contract volume which is representative of approximately 7.6 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 45.8% of XOM's average daily trading volume over the past month, of 16.5 million shares. Especially high volume was seen for the $113 strike put option expiring May 03, 2024, with 6,290 contracts trading so far today, representing approximately 629,000 underlying shares of XOM. Below is a chart showing XOM's trailing twelve month trading history, with the $113 strike highlighted in orange:

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KLA Corp (Symbol: KLAC) saw options trading volume of 3,544 contracts, representing approximately 354,400 underlying shares or approximately 44.1% of KLAC's average daily trading volume over the past month, of 803,320 shares. Particularly high volume was seen for the $625 strike put option expiring April 19, 2024, with 525 contracts trading so far today, representing approximately 52,500 underlying shares of KLAC. Below is a chart showing KLAC's trailing twelve month trading history, with the $625 strike highlighted in orange:

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And Southwest Airlines Co (Symbol: LUV) saw options trading volume of 32,954 contracts, representing approximately 3.3 million underlying shares or approximately 41.8% of LUV's average daily trading volume over the past month, of 7.9 million shares. Especially high volume was seen for the $29.50 strike call option expiring April 19, 2024, with 14,410 contracts trading so far today, representing approximately 1.4 million underlying shares of LUV. Below is a chart showing LUV's trailing twelve month trading history, with the $29.50 strike highlighted in orange:

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For the various different available expirations for XOM options, KLAC options, or LUV options, visit StockOptionsChannel.com.

Also see:

Cheap Midcap Stocks
APCX Past Earnings
BENF Historical Stock Prices

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.