Surge in Options Trading Highlights Activity for McDonald’s, UPS, and Adobe

Today, significant options trading volume was observed in several companies within the Russell 3000 index, notably McDonald’s Corp (Symbol: MCD). A total of 17,331 contracts have changed hands, accounting for approximately 1.7 million underlying shares—about 56.2% of MCD’s average daily trading volume of 3.1 million shares over the past month. The $297.50 strike call option expiring on December 27, 2024, generated particularly keen interest, with 6,329 contracts traded, representing around 632,900 shares of MCD. Below is a chart depicting MCD’s trailing twelve-month trading history, with the $297.50 strike highlighted in orange:

United Parcel Service Inc (Symbol: UPS) is also experiencing notable options trading activity today, with 26,641 contracts filed, equating to approximately 2.7 million underlying shares. This figure constitutes a significant 54.6% of UPS’s average daily trading volume of 4.9 million shares over the past month. Among these, the $128 strike call option expiring December 27, 2024, stood out, with 5,840 contracts traded—roughly 584,000 shares of UPS. Below is the chart illustrating UPS’s trading history across the past year, with the $128 strike emphasized in orange:

Adobe Inc (Symbol: ADBE) also saw increased options volume, with 27,254 contracts traded so far today. This activity reflects approximately 2.7 million underlying shares, which is about 54% of ADBE’s average daily trading volume of 5.0 million shares over the last month. The $450 strike call option expiring on February 21, 2025, captured significant attention, with 1,086 contracts traded, representing around 108,600 shares of ADBE. Below is a chart showing ADBE’s trailing twelve-month trading history, with the $450 strike marked in orange:

For more information about available options expirations for MCD, UPS, or ADBE, you can visit StockOptionsChannel.com.

Today’s Most Active Call & Put Options of the S&P 500 »

Also see:

• EVOK shares outstanding history
• ASG shares outstanding history
• UCFC Split History

The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.