Among the components of the S&P 500 index, significant options trading activity was recorded on October 4, 2023. Adobe Inc. (ADBE) saw a total of 42,453 contracts traded, equating to roughly 4.2 million underlying shares, which is about 82.9% of its average daily volume of 5.1 million shares. Notably, the $260 strike put option expiring on February 6, 2026, had 1,465 contracts traded.
Align Technology Inc. (ALGN) had options trading volume of 7,021 contracts, representing approximately 702,100 underlying shares, or about 79.3% of its average daily volume of 885,835 shares. The $160 strike put option expiring on February 20, 2026, saw 685 contracts traded.
Amazon.com Inc. (AMZN) experienced a much larger volume of 316,533 contracts, amounting to around 31.7 million underlying shares, which is 76.1% of its average daily volume of 41.6 million shares. The $240 strike call option expiring on February 4, 2026, accounted for 24,146 contracts traded.
