Significant Thursday Options Insights: URI, ADBE, PHAT

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United Rentals Inc (Symbol: URI) saw significant options trading on [date], with a total volume of 5,847 contracts, equating to approximately 584,700 underlying shares. This volume represents 91.1% of URI’s average daily trading volume of 642,000 shares. Notably, 1,300 contracts for the $840 strike put option expiring March 20, 2026, accounted for about 130,000 underlying shares.

Adobe Inc (Symbol: ADBE) reported an options trading volume of 58,412 contracts today, translating to around 5.8 million underlying shares, or 88.3% of its average daily trading volume of 6.6 million shares. The $290 strike put option expiring March 20, 2026, saw particularly high activity with 5,001 contracts trading, representing 500,100 underlying shares.

Phathom Pharmaceuticals Inc (Symbol: PHAT) had 10,012 contracts traded today, reflecting around 1.0 million underlying shares, or 86.9% of its average daily trading volume of 1.2 million shares. High volume was noted for the $7.50 strike call option expiring January 21, 2028, with 5,001 contracts, representing 500,100 underlying shares.

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