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Adobe Inc.
Long

Long ADBE Above 388.50, Heading Above 400 Into ER

By UnknownUnicorn5511258
Updated
Come on now, it's Adobe at a discount.

ADBE
Trade active
Nothing has changed in two days and that's totally fine.

Have a few 400s for next week, reiterating no-brainer long sentiment.
Trade active
Needless to say, hold. Probably not getting a great deal on premiums for calls at this point, so add only if you are a rich pig.
Trade active
Selling full position expiring this week before the ER tomorrow. I also entered another vertical position in the form of Call options expiring 6/19. Bought 1/2 at 410 and 1/2 at 425.

If you look at the last quarterly ER, this company seems to have turned a growth corner. Could see a major beat on the top and bottom and am expecting continuation into next week given how the market is poised.
Trade closed: target reached
Time to skedaddle for me, even though this could run linearly upward for the next 50 years.

The gamma I'm returning on my latest calls are starting to become less profitable than other, better opportunities, so I'm closing it out.

If you had entered at the 385 entry, good for you and I accept all forms of crypto in case you want to tip the black jack dealer.

Very sincerely kidding and I wouldn't blame you if you decide to hold the position longer.

-Pigsy
Chart PatternsLONGTrend Analysis
UnknownUnicorn5511258

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