ADBE Options Chain, Open Interest, and Volatility Data

ADBE Options Open Interest & Strategy Insights

ADBE – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
400	32168	8171	40339
350	11390	15082	26472
340	9829	11556	21385
300	1798	16607	18405
450	16965	1307	18272
360	8075	9412	17487
330	4940	10509	15449
420	12194	2164	14358
320	1345	12421	13766
500	12542	1047	13589

ADBE – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
1.18	0.93	49.21%	42.70%	-6.51%

Data Analysis

Symbol: ADBE Current Price: 335.53
Max Pain: 375.00 (below)

📌 Absolute OI Peak: 400.00 (40339 contracts)
🛡️ Short-term Key Levels: 330.00（15449 contracts，major support） , 320.00（13766 contracts，major support） , 300.00（18405 contracts，major support）

📈 Put/Call OI Ratio: 1.18 (bearish, Put OI dominant)
Put/Call Volume Ratio: 0.93 (bullish, Call volume dominant)

📊 Avg Call IV: 49.21%
Avg Put IV: 42.70%
IV Skew: -6.51% (Call IV higher than Put IV by 6.51%, upward expectation slightly stronger)

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	2460	2022	22566	0.822	Slight Bullish 📈 (60)
2025-11-14	1076	994	7674	0.924	Neutral ⚖️ (50)
2025-11-21	1881	773	43686	0.411	Moderate Bullish 📈 (70)
2025-11-28	274	99	3256	0.361	Moderate Bullish 📈 (70)
2025-12-05	158	155	1788	0.981	Neutral ⚖️ (50)
2025-12-12	91	241	1009	2.648	Moderate Bearish 📉 (30)
2025-12-19	1601	517	62797	0.323	Strong Bullish 📈💥 (85)
2026-01-16	1179	273	73491	0.232	Strong Bullish 📈💥 (85) ⚠️
2026-02-20	535	203	16196	0.379	Moderate Bullish 📈 (70)
2026-03-20	314	408	26564	1.299	Slight Bearish 📉 (40)
2026-04-17	507	378	5010	0.746	Slight Bullish 📈 (60)
2026-05-15	232	164	4432	0.707	Slight Bullish 📈 (60)
2026-06-18	269	542	33274	2.015	Moderate Bearish 📉 (30)
2026-08-21	129	327	2864	2.535	Moderate Bearish 📉 (30)
2026-09-18	222	528	11436	2.378	Moderate Bearish 📉 (30)
2026-11-20	102	244	1884	2.392	Moderate Bearish 📉 (30)
2026-12-18	682	346	14328	0.507	Slight Bullish 📈 (60)
2027-01-15	287	501	22129	1.746	Moderate Bearish 📉 (30)
2027-06-17	70	132	2111	1.886	Moderate Bearish 📉 (30)
2027-12-17	237	254	7320	1.072	Neutral ⚖️ (50)
2028-01-21	189	35	3556	0.185	Moderate Bullish 📈 (70) ⚠️
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.