Significant Monday Options Trading: ADBE, PTCT, RUM

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On a notable trading day for the Russell 3000 index, Adobe Inc (Symbol: ADBE) saw options trading volume of 32,627 contracts, equating to approximately 3.3 million underlying shares, which is about 95.9% of its average daily trading volume of 3.4 million shares. Of this, 1,625 contracts for the $400 strike put option expiring August 15, 2025, represented around 162,500 underlying shares.

PTC Therapeutics Inc (Symbol: PTCT) reported options trading volume of 10,726 contracts, or about 1.1 million underlying shares, making up roughly 88.5% of its average daily volume of 1.2 million shares. The $50 strike call option expiring September 19, 2025, had particularly high activity, with 5,034 contracts traded, representing about 503,400 underlying shares.

Meanwhile, Rumble Inc (Symbol: RUM) experienced options trading of 22,997 contracts, equal to approximately 2.3 million underlying shares, which is 82.1% of its average daily volume of 2.8 million shares. The $9 strike call option expiring August 15, 2025, saw a notable 2,787 contracts traded, translating to around 278,700 underlying shares.

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