Unusual Options Activity in Texas Instruments Incorporated (TXN), Analog Devices, Inc. (ADI), and Robinhood Markets, Inc. (HOOD)

Unusual Options Activity in Texas Instruments Incorporated (TXN), Analog Devices, Inc. (ADI), and Robinhood Markets, Inc. (HOOD)

Unusual Options Activity in Texas Instruments Incorporated (TXN)

Today, in the market capitalization-weighted index NASDAQ Global Select Market Composite (NasdaqGS), we saw unusual or noteworthy options trading volume and activity in Texas Instruments Incorporated (Symbol: TXN).

There were a total of 10,000 contracts traded on the $165 strike put option at the bid, dated for November 19th, 2021, representing approximately 1,000,000 shares.  There were an additional 7,200 contracts traded on the $200 strike call option, also at the bid, as well as for the same date, representing an additional 720,000 shares.  These orders come in after continued semiconductor shortages, with analysts reporting TXN among one of the best stocks to purchase with this catalyst.

Per the chart below, beginning around June 24th, 2021, Texas Instruments' price is visualized in blue, with open interest in yellow, call option volume in green, and put option volume in red.  Open interest has declined significantly yesterday, the 25th of August, and volume day over day has continued to decline.  The reported unusual activity above came in spite of the decreases in volume.

https://unusualwhales.com/flow/ticker_flows/TXN

Unusual Options Activity in Analog Devices, Inc. (ADI)

In the market capitalization-weighted index NASDAQ Global Select Market Composite (NasdaqGS), we saw unusual or noteworthy options trading volume and activity today in Analog Devices, Inc. (Symbol: ADI).

There were a total of 6,000 contracts traded on the $150 strike put option at the bid, dated for October 15th, 2021, representing approximately 600,000 shares.  There were an additional 4,000 contracts traded on the $150 strike put option, also at the bid, as well as for the same date, representing an additional 400,000 shares.  These orders come in after upgrades from Validea's P/E/Growth Investor model based on the published strategy of Peter Lynch.

Per the chart below, beginning around June 24th, 2021, Analog Devices, Inc.'s price is visualized in blue, with open interest in yellow, call option volume in green, and put option volume in red.  Call volume spiked yesterday to a regional high of approximately 38,495 for the day.

https://unusualwhales.com/flow/ticker_flows/ADI

Unusual Options Activity in Robinhood Markets, Inc. (HOOD)

Yesterday, August 25th, 2021, in the market capitalization-weighted index NASDAQ Global Select Market Composite (NasdaqGS), we saw unusual or noteworthy options trading volume and activity today in Robinhood Markets, Inc. (Symbol:  HOOD).

There were 1,500 contracts traded on three separation options contracts:  the $60 strike call option at the ask, the $80 strike call option at the bid, and the $38 strike put option at the bid, all dated for December 17th, 2021, representing approximately 450,000 shares.  These orders came just after the “meme stock” runup as GME and AMC rallied to new highs.  Furthermore, Robinhood Markets, Inc. has now settled after becoming public in July, with speculation around its future potentially being relegated to crypto.

Seen below are the orders from yesterday morning, reported by the Unusual Whales Flow tool.