Surge in Options Trading Volume for Adobe and Phathom Pharmaceuticals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 19 2026
0mins
Should l Buy URI?
Source: NASDAQ.COM
- Adobe Options Volume: Adobe Inc saw options trading volume of 58,412 contracts, equivalent to approximately 5.8 million shares, representing about 88.3% of its average daily trading volume of 6.6 million shares over the past month, indicating strong market interest in its future performance.
- High Put Option Activity: Notably, the $290 strike put option has seen 5,001 contracts traded today, representing around 500,100 shares of Adobe, reflecting investor expectations for potential price declines.
- Phathom Options Activity: Phathom Pharmaceuticals Inc recorded an options trading volume of 10,012 contracts, equivalent to approximately 1.0 million shares, which is about 86.9% of its average daily trading volume of 1.2 million shares over the past month, showcasing significant market interest.
- Call Option Trading: For Phathom, the $7.50 strike call option has also seen a trading volume of 5,001 contracts today, representing approximately 500,100 shares, indicating investor confidence in the company's future price appreciation.
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Analyst Views on URI
Wall Street analysts forecast URI stock price to rise
14 Analyst Rating
12 Buy
1 Hold
1 Sell
Strong Buy
Current: 771.930
Low
600.00
Averages
1004
High
1150
Current: 771.930
Low
600.00
Averages
1004
High
1150
About URI
United Rentals, Inc. is an equipment rental company. The Company's segments include General Rentals and Specialty. General Rentals segment includes the rental of construction, aerial and industrial equipment, general tools and light equipment, and related services and activities. General Rentals segment has four geographic divisions - Central, Northeast, Southeast and West - and operates throughout the United States and Canada. Specialty segment rents products (and provides setup and other services on such rented equipment), including trench safety equipment, such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers and line testing equipment for underground work; fluid solutions equipment primarily used for fluid containment, transfer and treatment, and mobile storage equipment and modular office space. It has an integrated network of around 1,591 rental locations in North America, 39 in Europe, 37 in Australia and 19 in New Zealand.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- High Put Option Activity: Notably, the $290 strike put option has seen 5,001 contracts traded today, representing around 500,100 shares of Adobe, reflecting investor expectations for potential price declines.
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See More
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- Significant Revenue Growth: Following the acquisition of Beacon Roofing Supply, QXO's revenue surged from $57 million to $6.8 billion last year, indicating initial success in its acquisition strategy and laying a foundation for future growth.
- Stock Price Volatility: Although QXO shares fell 18.9% in March, the absence of new acquisition announcements does not signify bad news; rather, it presents a buying opportunity for investors, reflecting market anticipation for future acquisitions.
- Cautious Acquisition Strategy: Jacobs' decision to not raise the bid for GMS, despite potential bidding wars, underscores his commitment to shareholder interests, and investors should trust his ability to identify new profitable acquisitions, with the March pullback offering a favorable entry point for those optimistic about QXO's future.
See More
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- Improving Market Conditions: According to UBS's latest report, the U.S. equipment rental market has seen six consecutive months of improvement, with a February business conditions index of 6.25 indicating industry stabilization near the trough of non-residential construction activity.
- Rising Rental Activity: Survey responses indicated that approximately 47% of rental equipment managers reported higher rental volumes compared to the same period last year, suggesting a gradual improvement in demand, although the overall recovery remains uneven.
- Stable Pricing Trends: While rental rates increased in February, the pace of growth slowed, and the used equipment market has seen prices rise for two consecutive months, which could help enhance margins across the sector.
- Optimistic Future Outlook: Despite a decline in non-residential construction spending in the short term, UBS expects demand to gradually rebound in the second half of 2026, driven by a recovery in manufacturing activity and ongoing strength in infrastructure projects.
See More
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- Labor Market Recovery: The U.S. added 178,000 nonfarm jobs in March, significantly surpassing the Dow Jones estimate of 59,000, indicating signs of economic recovery despite the persistent slow-growth trend.
- Sector Growth Highlights: The healthcare sector was the largest contributor, adding 76,000 jobs, with 54,000 coming from returning workers post-strike, suggesting a rebound in this sector after facing short-term challenges.
- Unemployment Rate Changes: Although the unemployment rate dipped slightly to 4.3%, the labor force participation rate fell to 61.9% due to a decline of 396,000 individuals, reflecting underlying pressures in the job market.
- Wage Growth Slowdown: Average hourly earnings rose by only 0.2% in March, with a year-over-year increase of 3.5%, both below expectations, indicating that sluggish wage growth may impact consumer spending and overall economic growth.
See More
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- Nike Options Volume: Today, Nike options have reached a trading volume of 77,752 contracts, equivalent to approximately 7.8 million shares, representing 49.3% of its average daily trading volume over the past month, indicating a significant increase in market interest in Nike stock.
- High Volume Put Options: Among Nike's options, the $47 strike put option expiring on April 2, 2026, has seen particularly high activity with 3,787 contracts traded so far, representing about 378,700 underlying shares, reflecting investor expectations of potential downward pressure on the stock price.
- Broadcom Options Volume: Similarly, Broadcom's options trading volume has been robust, reaching 146,999 contracts today, equivalent to approximately 14.7 million shares, which is 49% of its average daily trading volume over the past month, showcasing strong market interest in Broadcom.
- High Volume Call Options: The $315 strike call option for Broadcom has also shown significant activity today, with 11,173 contracts traded, representing about 1.1 million underlying shares, indicating investor confidence in the potential for Broadcom's stock price to rise.
See More
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- Strong Sector Performance: In 2026, industrials have emerged as a star in the stock market, with the State Street Industrial Select Sector SPDR ETF (XLI) rallying over 5% year-to-date, showcasing robust market demand among the S&P 500 sectors.
- Significant Stock Gains: Among the top 20 stocks by market cap, 14 have risen this year, with GE Vernova up 37%, Caterpillar up 25%, and Lockheed Martin up 26%, reflecting a strong recovery in the sector and increased investor confidence.
- Market Challenges Intensify: Despite the strong performance of industrials, the S&P 500 index has declined nearly 4% due to geopolitical risks and ongoing concerns in artificial intelligence and private credit, highlighting the complexity and uncertainty of the market environment.
- Cautious Future Growth: Trivariate Research notes that industrials are trading at a forward price-to-earnings ratio of about 24, indicating high valuations, and future earnings revisions are necessary to sustain current performance, adding to investor scrutiny and challenges.
See More
Surge in Options Trading Volume for Adobe and Phathom Pharmaceuticals
- Adobe Options Volume: Adobe Inc saw options trading volume of 58,412 contracts, equivalent to approximately 5.8 million shares, representing about 88.3% of its average daily trading volume of 6.6 million shares over the past month, indicating strong market interest in its future performance.
- High Put Option Activity: Notably, the $290 strike put option has seen 5,001 contracts traded today, representing around 500,100 shares of Adobe, reflecting investor expectations for potential price declines.
- Phathom Options Activity: Phathom Pharmaceuticals Inc recorded an options trading volume of 10,012 contracts, equivalent to approximately 1.0 million shares, which is about 86.9% of its average daily trading volume of 1.2 million shares over the past month, showcasing significant market interest.
- Call Option Trading: For Phathom, the $7.50 strike call option has also seen a trading volume of 5,001 contracts today, representing approximately 500,100 shares, indicating investor confidence in the company's future price appreciation.
See More
