Noteworthy Tuesday Option Activity: ADBE, LOW, HD
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Adobe Inc (Symbol: ADBE), where a total volume of 29,984 contracts has been traded thus far today, a contract volume which is representative of approximately 3.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.2% of ADBE's average daily trading volume over the past month, of 5.5 million shares. Particularly high volume was seen for the $210 strike put option expiring October 16, 2026, with 1,563 contracts trading so far today, representing approximately 156,300 underlying shares of ADBE. Below is a chart showing ADBE's trailing twelve month trading history, with the $210 strike highlighted in orange:
Lowe's Companies Inc (Symbol: LOW) saw options trading volume of 15,650 contracts, representing approximately 1.6 million underlying shares or approximately 49.7% of LOW's average daily trading volume over the past month, of 3.1 million shares. Especially high volume was seen for the $195 strike put option expiring October 16, 2026, with 6,020 contracts trading so far today, representing approximately 602,000 underlying shares of LOW. Below is a chart showing LOW's trailing twelve month trading history, with the $195 strike highlighted in orange:
And Home Depot Inc (Symbol: HD) options are showing a volume of 18,514 contracts thus far today. That number of contracts represents approximately 1.9 million underlying shares, working out to a sizeable 46% of HD's average daily trading volume over the past month, of 4.0 million shares. Especially high volume was seen for the $317.50 strike call option expiring September 25, 2026, with 7,422 contracts trading so far today, representing approximately 742,200 underlying shares of HD. Below is a chart showing HD's trailing twelve month trading history, with the $317.50 strike highlighted in orange:
For the various different available expirations for ADBE options, LOW options, or HD options, visit StockOptionsChannel.com.
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