News

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Adobe Inc (Symbol: ADBE), where a total volume of 22,843 contracts has been traded thus far today, a contract volume which is representative of approximately 2.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 49.9% of ADBE's average daily trading volume over the past month, of 4.6 million shares. Particularly high volume was seen for the $600 strike call option expiring July 19, 2024, with 1,627 contracts trading so far today, representing approximately 162,700 underlying shares of ADBE. Below is a chart showing ADBE's trailing twelve month trading history, with the $600 strike highlighted in orange:

Conagra Brands Inc (Symbol: CAG) options are showing a volume of 22,963 contracts thus far today. That number of contracts represents approximately 2.3 million underlying shares, working out to a sizeable 49.2% of CAG's average daily trading volume over the past month, of 4.7 million shares. Particularly high volume was seen for the $29 strike call option expiring July 19, 2024, with 5,744 contracts trading so far today, representing approximately 574,400 underlying shares of CAG. Below is a chart showing CAG's trailing twelve month trading history, with the $29 strike highlighted in orange:

And Horton Inc (Symbol: DHI) saw options trading volume of 10,781 contracts, representing approximately 1.1 million underlying shares or approximately 49% of DHI's average daily trading volume over the past month, of 2.2 million shares. Especially high volume was seen for the $120 strike put option expiring November 15, 2024, with 2,787 contracts trading so far today, representing approximately 278,700 underlying shares of DHI. Below is a chart showing DHI's trailing twelve month trading history, with the $120 strike highlighted in orange:

For the various different available expirations for ADBE options, CAG options, or DHI options, visit StockOptionsChannel.com.

Also see:

MMC Price Target
FFHL Historical Stock Prices
Institutional Holders of JD

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