Significant Tuesday Options Trends: VRSN, MRVL, ADP

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Verisign Inc (VRSN) posted significant options trading today, with a total of 3,052 contracts exchanged, equating to approximately 305,200 underlying shares, or 47.8% of its average daily trading volume over the past month of 639,155 shares. The $290 strike call option expiring on August 15, 2025 saw particularly high interest, with 548 contracts traded, representing about 54,800 underlying shares.

Marvell Technology Inc (MRVL) saw options trading volume of 76,235 contracts, covering approximately 7.6 million underlying shares and about 47.5% of its monthly average volume of 16 million shares. The $80 strike call option expiring on August 01, 2025 propelled this interest, with 5,131 contracts traded, representing around 513,100 underlying shares.

Automatic Data Processing Inc. (ADP) recorded a trading volume of 6,306 contracts, translating to approximately 630,600 underlying shares, or 46.6% of its average daily trading volume over the past month of 1.4 million shares. Notably, the $320 strike call option expiring on August 01, 2025 accounted for 2,430 contracts, which represents about 243,000 underlying shares.

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