Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Adobe Inc (Symbol: ADBE), where a total volume of 29,984 contracts has been traded thus far today, a contract volume which is representative of approximately 3.0 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 54.2% of ADBE's average daily trading volume over the past month, of 5.5 million shares. Particularly high volume was seen for the $210 strike put option expiring October 16, 2026 , with 1,563 contracts trading so far today, representing approximately 156,300 underlying shares of ADBE.
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