Notable Tuesday Option Activity: ADBE, DY, MEI
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Adobe Inc (Symbol: ADBE), where a total volume of 28,465 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 57.8% of ADBE's average daily trading volume over the past month, of 4.9 million shares. Particularly high volume was seen for the $285 strike call option expiring August 28, 2026, with 1,148 contracts trading so far today, representing approximately 114,800 underlying shares of ADBE. Below is a chart showing ADBE's trailing twelve month trading history, with the $285 strike highlighted in orange:
Dycom Industries, Inc. (Symbol: DY) options are showing a volume of 2,491 contracts thus far today. That number of contracts represents approximately 249,100 underlying shares, working out to a sizeable 57.4% of DY's average daily trading volume over the past month, of 433,940 shares. Particularly high volume was seen for the $390 strike call option expiring September 18, 2026, with 509 contracts trading so far today, representing approximately 50,900 underlying shares of DY. Below is a chart showing DY's trailing twelve month trading history, with the $390 strike highlighted in orange:
And Methode Electronics Inc (Symbol: MEI) options are showing a volume of 3,213 contracts thus far today. That number of contracts represents approximately 321,300 underlying shares, working out to a sizeable 56.9% of MEI's average daily trading volume over the past month, of 565,070 shares. Especially high volume was seen for the $10 strike put option expiring January 15, 2027, with 1,000 contracts trading so far today, representing approximately 100,000 underlying shares of MEI. Below is a chart showing MEI's trailing twelve month trading history, with the $10 strike highlighted in orange:
For the various different available expirations for ADBE options, DY options, or MEI options, visit StockOptionsChannel.com.
Today's Most Active Call & Put Options of the S&P 500 »
Further ADBE Research:
