Surge in Options Trading for Key S&P 500 Stocks Today
High Volume Activity in Adobe, First Solar, and Palantir Technologies
Today’s options trading in the S&P 500 index reveals significant activity, particularly in Adobe Inc (Symbol: ADBE). As of now, a total of 47,301 contracts have been traded, equating to about 4.7 million underlying shares. This represents around 90.9% of ADBE’s average daily trading volume for the past month, which stands at 5.2 million shares. Notably, a high volume was observed for the $430 strike call option set to expire on January 3, 2025, with 1,700 contracts exchanged, representing around 170,000 underlying shares of ADBE. Below is a chart showing ADBE’s trading history over the last twelve months, highlighting the $430 strike in orange:
Turning to First Solar Inc (Symbol: FSLR), options trading has reached 10,750 contracts today. This figure represents approximately 1.1 million underlying shares, or 58.4% of FSLR’s average daily trading volume of 1.8 million shares over the previous month. The $220 strike call option expiring June 20, 2025, has particularly high volume with 3,093 contracts traded, reflecting roughly 309,300 underlying shares of FSLR. Below is a chart charting FSLR’s trading activity over the past year, with the $220 strike highlighted in orange:
Palantir Technologies Inc (Symbol: PLTR) has experienced a significant options trading volume of 558,511 contracts. This corresponds to approximately 55.9 million underlying shares, accounting for about 58.4% of PLTR’s average daily trading volume, which is around 95.6 million shares. The $80 strike call option expiring January 3, 2025, has seen especially high activity, with 32,887 contracts traded, equating to roughly 3.3 million underlying shares of PLTR. Below is a chart displaying PLTR’s trading history for the past twelve months, with the $80 strike highlighted:
If you are looking for various expiration dates for ADBE, FSLR, or PLTR options, visit StockOptionsChannel.com.
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