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 15, 2028
Days to expiration: 796
Share price: $242.27
Put/call ratio (OI): 2.21
Put/call ratio (volume): 1.20
ATM implied volatility: 45.9%
Expected move: ±$164.36
Open interest (C / P): 3.01K / 6.64K

ADBE options summary

The ADBE options chain for the December 15, 2028 expiration lists 41 call and 40 put contracts, with 796 days until expiration. Open interest stands at 3,008 calls and 6,641 puts, a put/call ratio of 2.21, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $240.00 strike is 45.9%, which implies the market expects a move of about ±$164.36 (67.8%) in Adobe stock by expiration.

The most open interest sits at the $390.00 call (971 contracts) and the $250.00 put (2.34K contracts).

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

ADBE options chain · December 15, 2028

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
150	2	68.2%	141.70	145.45	150.95	115.00	6.10	7.10	7.40	45.1%	101	153
8	2	67.5%	141.00	141.55	148.00	120.00	7.15	7.95	7.50	44.6%	2	515
0	2	—	163.45	0.00	0.00	125.00	8.10	8.90	8.70	44.2%	5	121
12	6	65.4%	134.20	133.05	142.00	130.00	8.80	9.90	10.25	43.7%	1	38
0	23	—	156.50	0.00	0.00	135.00	9.85	11.25	10.92	43.7%	12	10
25	1	62.8%	177.65	126.00	133.80	140.00	11.15	12.40	12.50	43.3%	1	73
21	1	62.7%	132.05	124.45	129.70	145.00	12.40	14.50	13.55	44.1%	5	34
44	3	61.7%	115.60	121.10	126.05	150.00	13.65	16.15	14.65	44.0%	2	570
0	2	—	141.72	0.00	0.00	155.00	14.80	16.20	16.08	42.0%	3	123
13	2	60.4%	124.80	114.30	120.15	160.00	16.15	18.35	17.91	42.5%	4	56
10	1	60.1%	140.88	110.00	118.90	165.00	17.65	19.90	19.01	42.1%	2	113
22	2	59.5%	119.25	108.60	114.10	170.00	19.25	22.00	21.55	42.3%	1	412
47	4	59.5%	130.20	105.80	112.20	175.00	20.85	23.80	22.03	42.1%	1	456
33	1	57.9%	123.43	101.80	108.20	180.00	22.55	24.90	24.96	41.1%	40	484
33	2	58.2%	116.20	98.00	108.00	185.00	24.55	26.90	25.38	40.9%	2	49
12	1	56.5%	97.80	95.00	102.75	190.00	26.20	28.80	27.75	40.6%	2	41
22	4	57.3%	93.36	95.00	100.20	195.00	28.10	30.80	29.05	40.3%	5	67
168	2	56.6%	95.50	92.65	96.60	200.00	30.30	31.85	33.15	39.2%	8	78
18	6	56.0%	97.35	87.00	92.55	210.00	34.25	37.20	38.05	39.5%	5	95
31	9	55.5%	83.95	82.45	88.05	220.00	37.40	40.80	40.00	38.1%	2	62
33	4	54.8%	78.80	78.35	82.75	230.00	43.60	46.75	45.47	38.4%	5	41
276	6	54.0%	69.80	72.00	79.95	240.00	48.60	51.95	55.20	37.9%	3	37
ADBE $242.27
124	1	53.1%	71.40	69.05	73.75	250.00	52.70	60.00	55.50	39.2%	4	2,342
175	4	53.0%	64.65	65.10	70.90	260.00	59.90	61.75	64.62	35.9%	2	315
11	1	52.7%	61.35	62.40	66.65	270.00	65.65	67.30	70.50	35.1%	2	78
48	2	52.3%	66.30	58.00	63.90	280.00	69.40	75.25	74.49	35.8%	1	33
25	1	51.9%	57.70	55.00	60.50	290.00	77.25	81.80	85.70	35.4%	1	17
83	2	51.6%	53.14	51.55	57.75	300.00	84.05	87.65	89.90	34.3%	6	168
16	1	51.3%	46.50	48.55	55.00	310.00	88.90	95.85	75.88	34.7%	2	6
35	10	50.9%	53.20	46.00	51.80	320.00	97.90	102.85	104.30	34.1%	2	20
20	1	51.1%	42.00	44.55	49.40	330.00	93.05	99.80	112.06	25.4%	1	1
32	5	50.1%	44.00	40.95	45.70	340.00	112.00	118.00	122.87	33.4%	6	7
86	4	51.5%	37.39	38.65	43.35	350.00	120.15	125.25	101.46	32.5%	1	9
9	1	51.4%	35.12	36.20	41.35	360.00	0.00	0.00	120.30	—	—	0
10	2	51.7%	36.40	34.15	40.00	370.00	135.30	141.55	148.20	31.8%	1	4
32	4	51.7%	34.71	32.20	38.30	380.00	144.15	149.15	144.60	30.7%	1	2
971	65	50.7%	29.30	31.85	35.30	390.00	152.70	158.20	148.20	30.9%	2	4
62	9	50.5%	25.45	28.70	33.55	400.00	160.05	167.00	166.30	30.6%	1	1
105	1	50.4%	28.55	27.10	31.90	410.00	168.95	175.90	174.50	30.4%	1	2
86	1	50.9%	28.60	25.75	31.20	420.00	—	—	—	—	—	—
100	4	51.3%	25.08	24.20	30.40	430.00	186.95	194.50	195.84	30.5%	1	4

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 15, 2028 expiration, the ADBE put/call ratio based on open interest is 2.21 (6,641 puts vs 3,008 calls), and 1.20 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 15, 2028 is about 45.9%, 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.