Options trading activity speaks volumes, and today’s big talk centered around Adobe Inc (ADBE), Advanced Micro Devices Inc (AMD), and International Flavors & Fragrances Inc. (IFF).
Adobe Inc (ADBE)
Adobe Inc saw a flurry of options activity today, with 79,940 contracts traded so far. This remarkable volume represents approximately 8.0 million underlying shares, a staggering 332.4% of ADBE’s average daily trading volume over the past month. Notably, high volume was observed for the $640 strike call option expiring on January 26, 2024, with 6,071 contracts trading today, representing approximately 607,100 underlying shares of ADBE.
Advanced Micro Devices Inc (AMD)
Meanwhile, Advanced Micro Devices Inc had 1.0 million contracts traded today, translating to approximately 103.3 million underlying shares, which is 129.3% of AMD’s average daily trading volume over the past month. The $185 strike call option expiring on January 26, 2024, stood out with 123,535 contracts trading today, representing approximately 12.4 million underlying shares of AMD.
International Flavors & Fragrances Inc. (IFF)
Options on International Flavors & Fragrances Inc. also attracted attention, with 13,702 contracts traded today, representing approximately 1.4 million underlying shares, or about 85.2% of IFF’s average daily trading volume over the past month. The $77.50 strike put option expiring on February 16, 2024, saw particularly high volume, with 3,328 contracts trading today, representing approximately 332,800 underlying shares of IFF.
For more detailed information on available expirations for ADBE, AMD, and IFF options, interested traders can visit StockOptionsChannel.com.
To find out about today’s most active call and put options of the S&P 500, visit StockOptionsChannel.com
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