Adobe (ADBE) Options Chain

NASDAQ: ADBETechnologyComputer Software: Prepackaged SoftwareUSD

242.27+1.22 (+0.51%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 17, 2027
Days to expiration: 432
Share price: $242.27
Put/call ratio (OI): 0.68
Put/call ratio (volume): 0.51
ATM implied volatility: 45.7%
Expected move: ±$120.45
Open interest (C / P): 17.48K / 11.91K

ADBE options summary

The ADBE options chain for the December 17, 2027 expiration lists 62 call and 62 put contracts, with 432 days until expiration. Open interest stands at 17,485 calls and 11,910 puts, a put/call ratio of 0.68, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $240.00 strike is 45.7%, which implies the market expects a move of about ±$120.45 (49.7%) in Adobe stock by expiration.

The most open interest sits at the $400.00 call (1.65K contracts) and the $185.00 put (718 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

ADBE options chain · December 17, 2027

ADBE calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
33	2	75.7%	184.32	148.75	153.35	100.00	1.40	1.89	1.80	50.5%	14	418
0	2	—	160.95	0.00	0.00	105.00	1.66	2.35	2.08	50.3%	5	607
0	16	—	158.40	0.00	0.00	110.00	2.01	2.76	2.67	49.7%	1	344
6	1	69.2%	135.55	133.00	142.00	115.00	0.13	6.45	3.02	59.4%	13	111
20	7	68.7%	118.55	131.35	136.00	120.00	2.87	3.95	3.34	49.2%	1	50
104	106	67.8%	124.67	127.00	132.55	125.00	3.50	4.20	3.80	47.5%	10	112
0	16	—	140.70	0.00	0.00	130.00	3.90	4.85	4.55	47.1%	1	100
0	2	—	137.95	0.00	0.00	135.00	4.60	5.65	5.60	46.9%	2	12
0	2	—	134.65	0.00	0.00	140.00	5.25	6.05	4.75	45.5%	1	95
1	1	—	78.55	86.00	95.00	145.00	6.10	6.90	7.15	45.1%	4	62
31	8	60.7%	98.50	104.00	114.00	150.00	6.90	7.70	7.61	44.5%	1	502
10	2	60.3%	102.98	101.00	110.00	155.00	7.80	8.75	8.90	44.2%	2	286
9	2	59.0%	116.84	97.00	106.00	160.00	8.90	10.45	11.03	44.9%	20	306
0	12	—	123.10	0.00	0.00	165.00	9.90	12.65	11.04	46.2%	1	205
158	2	57.7%	85.70	90.00	99.00	170.00	7.00	14.15	12.57	46.1%	3	340
31	4	57.0%	90.15	86.00	96.00	175.00	11.75	14.05	14.25	43.5%	10	342
21	1	55.1%	79.59	83.00	90.45	180.00	13.70	15.70	15.38	43.5%	1	270
17	1	55.7%	75.18	80.00	88.65	185.00	13.95	16.55	18.35	42.2%	1	718
17	10	55.0%	106.00	76.00	86.00	190.00	17.00	19.20	18.15	43.2%	5	629
11	2	55.6%	69.20	76.30	81.40	195.00	17.35	21.75	19.81	43.9%	1	255
216	1	54.0%	75.00	72.90	76.90	200.00	20.60	22.00	21.40	41.7%	1	614
118	1	53.9%	60.43	67.30	72.35	210.00	24.25	26.65	27.85	41.9%	1	612
134	1	52.3%	60.00	61.85	65.45	220.00	27.15	29.75	30.50	40.1%	2	394
354	4	51.4%	55.75	55.35	61.50	230.00	32.95	35.40	34.55	40.5%	20	336
107	2	51.2%	54.00	52.95	55.35	240.00	36.65	40.60	39.65	40.2%	1	477
ADBE $242.27
158	6	50.4%	50.00	47.95	51.00	250.00	41.65	45.50	44.45	39.1%	1	225
114	1	51.8%	41.00	41.00	47.30	260.00	47.55	51.40	51.65	38.8%	5	332
169	2	51.8%	43.10	39.80	44.05	270.00	54.30	57.55	53.79	38.3%	1	526
64	1	50.3%	35.85	37.65	39.40	280.00	61.00	64.00	69.93	37.8%	1	116
197	1	51.7%	32.75	30.00	38.05	290.00	66.55	70.65	62.17	37.2%	1	63
709	3	50.4%	33.27	30.30	34.05	300.00	73.60	76.55	81.00	35.6%	1	324
155	11	48.9%	28.00	28.80	30.05	310.00	80.55	88.00	89.60	39.3%	2	206
148	26	50.1%	24.59	26.40	29.00	320.00	89.00	92.10	83.85	35.1%	1	175
171	3	49.8%	22.76	22.80	26.60	330.00	95.50	100.50	98.68	35.3%	1	124
117	1	49.3%	19.30	20.75	24.20	340.00	104.05	108.40	84.85	34.5%	2	192
356	2	48.3%	20.95	18.85	21.45	350.00	112.00	117.10	117.00	34.5%	1	292
740	1	49.4%	17.50	18.30	20.90	360.00	121.05	125.80	122.00	34.3%	1	321
94	2	48.0%	16.63	15.20	18.15	370.00	128.00	134.55	104.90	33.9%	1	56
506	5	47.5%	14.96	14.25	16.35	380.00	139.40	142.50	146.10	31.9%	1	353
65	9	49.5%	15.05	12.90	16.80	390.00	148.40	151.65	160.75	31.6%	5	29
1,654	8	50.3%	13.35	11.65	16.30	400.00	157.00	161.60	162.50	32.6%	2	320
383	4	47.3%	12.55	9.75	12.70	410.00	141.80	147.05	210.00	—	1	1
687	3	47.8%	10.45	10.85	12.15	420.00	175.55	180.05	182.00	31.2%	2	31
92	1	47.5%	8.60	10.00	11.00	430.00	0.00	0.00	187.40	—	1	0
409	2	47.1%	7.95	5.00	9.90	440.00	0.00	0.00	201.00	—	1	0
1,012	1	47.0%	7.55	7.65	9.10	450.00	0.00	0.00	186.00	—	23	0
145	1	47.8%	7.00	7.50	8.95	460.00	0.00	0.00	219.55	—	1	0
122	1	47.8%	5.85	6.95	8.30	470.00	253.00	263.00	273.92	74.4%	1	0
273	5	47.3%	6.85	6.55	7.35	480.00	231.00	241.00	228.76	39.2%	1	0
79	5	47.1%	6.55	4.65	6.75	490.00	261.00	270.00	286.76	62.8%	5	0
292	3	47.2%	5.90	5.55	6.30	500.00	283.00	293.00	286.58	77.7%	1	0
632	1	48.4%	5.92	4.85	6.45	510.00	261.00	271.00	258.00	41.7%	1	0
273	5	48.0%	6.60	4.50	5.80	520.00	271.00	281.00	266.90	42.5%	1	0
458	5	48.0%	6.48	3.85	5.40	530.00	264.20	271.00	233.72	—	1	13
805	26	48.1%	4.35	3.85	5.05	540.00	276.00	286.00	231.13	—	1	8
1,440	2	48.0%	3.70	3.25	4.65	550.00	254.00	261.25	202.54	—	1	0
45	35	59.0%	3.88	9.05	11.55	560.00	0.00	0.00	303.85	—	—	0
516	3	47.5%	2.90	2.80	3.85	570.00	209.15	218.00	231.55	—	1	5
1,228	1	47.8%	2.84	2.58	3.70	580.00	218.15	227.95	222.97	—	3	0
227	1	47.9%	8.25	2.39	3.45	590.00	257.00	266.00	251.86	—	2	1
649	3	47.7%	2.60	2.21	3.15	600.00	0.00	0.00	351.58	—	6	0
903	1	47.6%	2.45	1.90	2.70	620.00	366.00	374.35	326.65	—	2	0

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the ADBE put/call ratio?

For the December 17, 2027 expiration, the ADBE put/call ratio based on open interest is 0.68 (11,910 puts vs 17,485 calls), and 0.51 based on today's volume. A ratio above 1 means more puts than calls.

What is ADBE's implied volatility?

At-the-money implied volatility for ADBE options expiring December 17, 2027 is about 45.7%, an annualized estimate of how much the market expects Adobe stock to move.

How many ADBE option expiration dates are there?

ADBE has 17 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.