HomeMarket News Unusual Options Trading Activity: Notable Investments in ADBE, TDS, HOOD Surge in Options...

Unusual Options Trading Activity: Notable Investments in ADBE, TDS, HOOD Surge in Options Trading Activity: ADBE, TDS, HOOD

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Among the assortment of components that constitute the illustrious Russell 3000 index, there is a remarkable surge in options trading activity today. Adobe Inc (Symbol: ADBE) has seen a total volume of 116,163 contracts traded so far, marking an extraordinary 427% of its average daily trading volume over the past month. This immense surge represents a substantial 11.6 million underlying shares, infusing the market with fervent activity. Notably, the $560 strike call option expiring February 16, 2024, has drawn considerable attention with 2,863 contracts exchanged today, symbolizing an exceptional interest in approximately 286,300 underlying shares of ADBE. The trailing twelve-month trading history chart of ADBE, with the $560 strike highlighted in orange, vividly represents this recent surge.

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Telephone & Data Systems Inc (Symbol: TDS) also possesses striking options trading activity, with approximately 25,744 contracts exchanged today. This figure represents a substantial 276.2% of TDS’s average daily trading volume over the past month, marking approximately 2.6 million underlying shares. The $15 strike put option expiring February 16, 2024, stands out prominently with 5,271 contracts traded today, highlighting an attentive interest in approximately 527,100 underlying shares of TDS. The trailing twelve-month trading history chart of TDS, with the $15 strike highlighted in orange, vividly represents this remarkable surge.

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Not to be outdone, options of Robinhood Markets Inc (Symbol: HOOD) have displayed an uncharacteristic volume of 322,027 contracts traded so far today. This fervent activity constitutes a substantial 230.7% of HOOD’s average daily trading volume over the past month, notably representing approximately 32.2 million underlying shares. Particularly high volume was seen for the $14 strike call option expiring February 16, 2024, with 45,212 contracts changing hands today, symbolizing an exceptional interest in approximately 4.5 million underlying shares of HOOD. The trailing twelve-month trading history chart of HOOD, with the $14 strike highlighted in orange, aptly captures this momentous surge.

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For additional insights into the varied expirations for options of ADBE, TDS, or HOOD, StockOptionsChannel.com provides an in-depth understanding of the evolving options landscape, offering valuable information for investors.

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

Also see:

• Real Estate Dividend Stocks
• SMFL market cap history
• ATRI Dividend History

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

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