Notable Monday Option Activity: ADBE, AMD, AXON
May 06, 2024 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 23,137 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 81.7% of ADBE's average daily trading volume over the past month, of 2.8 million shares..