Russ Cohen

Unusual Options Activity: Advanced Micro Devices, Adobe, Eli Lilly

Advanced Micro Devices (AMD)

Today, Advanced Micro Devices Inc (AMD) witnessed remarkable options trading activity, with a total of 649,374 contracts changing hands, equivalent to about 64.9 million underlying shares. This surge represents approximately 127.8% of AMD’s average daily trading volume over the past month. Of particular note was the high volume of the $170 strike call option expiring on June 07, 2024, with 77,839 contracts traded, reflecting roughly 7.8 million underlying AMD shares.

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Adobe Inc (ADBE)

Adobe Inc (ADBE) options displayed a substantial volume today, with 33,169 contracts traded so far, representing about 3.3 million underlying shares. This activity amounts to a notable 107.7% of ADBE’s average daily trading volume over the past month. Noteworthy volume was observed for the $460 strike call option expiring on June 07, 2024, with 1,387 contracts exchanged, indicating approximately 138,700 underlying shares of ADBE.

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Eli Lilly (LLY)

Eli Lilly (LLY) saw options trading volume of 25,537 contracts today, which translates to about 2.6 million underlying shares, representing around 105.6% of LLY’s average daily trading volume over the past month. The $830 strike call option expiring on June 07, 2024, had high volume, with 1,201 contracts traded, reflecting roughly 120,100 underlying shares of LLY.

Loading chart — 2024 TickerTech.com

For more information on available expirations of AMD, ADBE, or LLY options, consult StockOptionsChannel.com.

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