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20 June
Notable Thursday Option Activity: LVS, DKNG, CVX

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Las Vegas Sands Corp (Symbol: LVS), where a total volume of 28,043 contracts has been traded thus far today, a contract volume which is representative of approximately 2.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 46.9% of LVS's average daily trading volume over the past month, of 6.0 million shares. Particularly high volume was seen for the $45 strike call option expiring June 21, 2024, with 10,753 contracts trading so far today, representing approximately 1.1 million underlying shares of LVS. Below is a chart showing LVS's trailing twelve month trading history, with the $45 strike highlighted in orange:

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DraftKings Inc (Symbol: DKNG) options are showing a volume of 56,549 contracts thus far today. That number of contracts represents approximately 5.7 million underlying shares, working out to a sizeable 46.5% of DKNG's average daily trading volume over the past month, of 12.2 million shares. Particularly high volume was seen for the $44 strike call option expiring June 28, 2024, with 4,594 contracts trading so far today, representing approximately 459,400 underlying shares of DKNG. Below is a chart showing DKNG's trailing twelve month trading history, with the $44 strike highlighted in orange:

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And Chevron Corporation (Symbol: CVX) saw options trading volume of 30,520 contracts, representing approximately 3.1 million underlying shares or approximately 45.9% of CVX's average daily trading volume over the past month, of 6.7 million shares. Particularly high volume was seen for the $157.50 strike call option expiring June 21, 2024, with 2,637 contracts trading so far today, representing approximately 263,700 underlying shares of CVX. Below is a chart showing CVX's trailing twelve month trading history, with the $157.50 strike highlighted in orange:

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For the various different available expirations for LVS options, DKNG options, or CVX options, visit StockOptionsChannel.com.

Also see:

Transportation Dividend Stock List
Top Ten Hedge Funds Holding CSH
TSCM Insider Buying

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