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27 March
Noteworthy Wednesday Option Activity: CTAS, ADBE, DE

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Cintas Corporation (Symbol: CTAS), where a total of 3,621 contracts have traded so far, representing approximately 362,100 underlying shares. That amounts to about 110.9% of CTAS's average daily trading volume over the past month of 326,460 shares. Particularly high volume was seen for the $650 strike put option expiring April 19, 2024, with 423 contracts trading so far today, representing approximately 42,300 underlying shares of CTAS. Below is a chart showing CTAS's trailing twelve month trading history, with the $650 strike highlighted in orange:

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Adobe Inc (Symbol: ADBE) options are showing a volume of 29,405 contracts thus far today. That number of contracts represents approximately 2.9 million underlying shares, working out to a sizeable 61.2% of ADBE's average daily trading volume over the past month, of 4.8 million shares. Especially high volume was seen for the $525 strike call option expiring March 28, 2024, with 1,904 contracts trading so far today, representing approximately 190,400 underlying shares of ADBE. Below is a chart showing ADBE's trailing twelve month trading history, with the $525 strike highlighted in orange:

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And Deere & Co. (Symbol: DE) options are showing a volume of 8,609 contracts thus far today. That number of contracts represents approximately 860,900 underlying shares, working out to a sizeable 55.9% of DE's average daily trading volume over the past month, of 1.5 million shares. Particularly high volume was seen for the $405 strike put option expiring April 05, 2024, with 568 contracts trading so far today, representing approximately 56,800 underlying shares of DE. Below is a chart showing DE's trailing twelve month trading history, with the $405 strike highlighted in orange:

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For the various different available expirations for CTAS options, ADBE options, or DE options, visit StockOptionsChannel.com.

Also see:

Top Ten Hedge Funds Holding GBL
ECL Options Chain
Zoetis Average Annual Return

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