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Notable Monday Option Activity: APC, OXY, PSX

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Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Anadarko Petroleum Corp (NYSE: APC), where a total of 34,291 contracts have traded so far, representing approximately 3.4 million underlying shares. That amounts to about 118.5% of APC's average daily trading volume over the past month of 2.9 million shares. Particularly high volume was seen for the $110 strike call option expiring January 15, 2016, with 10,001 contracts trading so far today, representing approximately 1.0 million underlying shares of APC. Below is a chart showing APC's trailing twelve month trading history, with the $110 strike highlighted in orange:

Click here to find out Today's Most Active Call & Put Options of the S&P 500 »

Occidental Petroleum Corp (NYSE: OXY) options are showing a volume of 32,226 contracts thus far today. That number of contracts represents approximately 3.2 million underlying shares, working out to a sizeable 73% of OXY's average daily trading volume over the past month, of 4.4 million shares.

Especially high volume was seen for the $85 strike call option expiring August 21, 2015, with 25,036 contracts trading so far today, representing approximately 2.5 million underlying shares of OXY. Below is a chart showing OXY's trailing twelve month trading history, with the $85 strike highlighted in orange:

And Phillips 66 (NYSE: PSX) saw options trading volume of 21,754 contracts, representing approximately 2.2 million underlying shares or approximately 70.6% of PSX's average daily trading volume over the past month, of 3.1 million shares.

Especially high volume was seen for the $78 strike put option expiring July 17, 2015, with 20,125 contracts trading so far today, representing approximately 2.0 million underlying shares of PSX. Below is a chart showing PSX's trailing twelve month trading history, with the $78 strike highlighted in orange:

For the various different available expirations for APC options, OXY options, or PSX options, visit StockOptionsChannel.com.


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