Noteworthy Friday Option Activity: ADBE, ORCL, NVRI

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Adobe Inc (ADBE), where a total volume of 143,436 contracts has been traded thus far today, a contract volume which is representative of approximately 14.3 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 722.6% of ADBE's average daily trading volume over the past month, of 2.0 million shares..