CDNS Unusual Options Activity - Cadence Design Systems

AI summary

On September 1, 2026, Cadence Design Systems, Inc. (CDNS) experienced notable options activity with a significant put transaction. A single print of a put option was recorded, specifically for the 300 strike expiring on January 15, 2027, with a premium of $665,829. This transaction reflects a volume-to-open interest ratio of 4.5, indicating a relatively high level of activity compared to existing open positions for this strike. Over the last 30 days, CDNS has seen options activity on four active days, suggesting a growing interest in its options market. There were no call options printed on this date, highlighting a clear imbalance in the activity towards put options. This unusual activity may indicate a shift in sentiment or hedging strategies among market participants.

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