Noteworthy Tuesday Option Activity: ADBE, ATVI, LRCX
May 30, 2023 at 13:33 PM EDT
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Adobe Inc (ADBE), where a total volume of 42,975 contracts has been traded thus far today, a contract volume which is representative of approximately 4.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 113.2% of ADBE's average daily trading volume over the past month, of 3.8 million shares..