Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $65.00 short put and a strike $60.00 long put offers a potential 20.19% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $65.00 by expiration. The full premium credit of $0.84 would be kept by the premium seller. The risk of $4.16 would be incurred if the stock dropped below the $60.00 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 above 80 which suggests that the stock is in overbought territory.
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
Let common sense back into your trading
Wed, 19 Feb 2014 16:17:34 GMT
Adobe: Pac Crest, Sterne Agee Raise Targets on ‘Creative Cloud,' FYQ1 Trends
Tue, 18 Feb 2014 19:50:00 GMT
Barrons.com – Shares of Adobe (ADBE) are higher by 16 cents at $68.50 after the Pacific Crest's Brendan Barnicle reiterated an Outperform rating on the shares, and raised his price target to $75 from $66, writing that the company's integration of products for creating content and marketing it are boosting the available market for Adobe. “New uses cases” for the “Adobe Creative Cloud” software product are “likely to increase the total addressable market … beyond current expectations,” he writes. Basically, companies can wring more out of their marketing efforts when they combine it with having their content assets available online in Adobe's cloud, he thinks: Depending on the industry analysis one uses, the total addressable market (TAM) for Adobe Creative Cloud could be $15 billion and $62 billion for the Marketing Cloud. By combining its Creative Cloud and Marketing Cloud, Adobe can introduce new uses for its software that have not been anticipated by analysts, expanding its TAM beyond expectations. Increasingly, enterprises want all of their of creative content in the cloud so that their employees can access it easily and protect it from copyright infringement.
How traders are hedging Adobe
Tue, 18 Feb 2014 16:19:55 GMT
optionMONSTER – Adobe Systems has made a stunning move higher, and now traders want to protect those gains. optionMONSTER's Depth Charge monitoring program detected the purchase of more than 10,000 March 65 puts today, …
Adobe price target raised to $80 from $70 at Sterne Agee
Tue, 18 Feb 2014 13:41:22 GMT
Microsoft flaw used to attack French aerospace employees, veterans
Sat, 15 Feb 2014 01:06:34 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook