Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $62.50 short put and a strike $57.50 long put offers a potential 14.94% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $62.50 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $57.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Adobe is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Adobe is bullish.
The RSI indicator is at 45.29 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Adobe
First Week Of ADBE June 21st Options Trading
Tue, 22 Apr 2014 16:45:00 GMT
TheStreet – Investors in Adobe Systems, Inc. saw new options begin trading this week, for the June 21st expiration.
Adobe Report Shows Continued Facebook Ad Business Growth; Dip in Revenue per Visit for Twitter
Tue, 22 Apr 2014 04:01:00 GMT
Business Wire – Adobe today released its Social Media Intelligence Report analyzing paid, earned and owned social media trends for Q1. Key findings of the Adobe Digital Index report show that Facebook’s ad business continued to grow with click through rate and ad impressions increasing by double-digits quarter-over-quarter , 20 percent and 41 percent respectively.
Court documents say Silicon Valley giants discussed hiring, WSJ says
Mon, 21 Apr 2014 10:26:19 GMT
Welcome to the MBA business plan battle royale
Sun, 20 Apr 2014 19:37:00 GMT
Fortune – FORTUNE — Want to start a business? So does everyone else. More than 500 teams applied to participate in the richest business plan competition in the world, Rice University's Business Plan Competition …
Primary care startup One Medical raises $40 million, plans more clinics
Sun, 20 Apr 2014 19:37:00 GMT
Fortune – FORTUNE — One Medical Group, the San Francisco primary care startup specializing in high-quality patient clinics, has raised $40 million in funding, bringing its total financial backing to $117 million, …
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