Adobe, Inc. ADBE – Review
On Friday morning, we reminded readers to stick with our preexisting options idea for ADBE. which was gearing up big in the premarket to make some serious gains. Our targets were the ADBE $397.50-$405 Calls.
In addition to making multi-bag moves overnight, those options ideas did in fact deliver on the Friday intraday gains that we essentially guaranteed.
ADBE $397.50-$405 Calls
$397.50: 2.19-11.08 (+405%)
$400: 1.53-9.23 (+503%)
$402.50: 1.35-6.72 (+398%)
$405: .68-5.01 (+637%)
Other Updates
We had also signaled some contracts in a couple of other chains as well on Friday morning, and in both cases, we witnessed some decent intraday gains. They didn’t go parabolic, but still posted the following respectable moves on the day:
BITA 06/19 $15-17.50 Calls
$15: 1.20-1.65 (+38%)
$17.50: .35-.50 (+43%)
PLAY Weekly $15.50-16.50 Calls
$397.50: 1.31-2.20 (+68%)
$400: 1.11-1.90 (+71%)
$402.50: .95-1.60 (+68%)
_____
Fresh Options Idea:
SPY 06/15 $300-298 Puts*
*Trading these puts is tantamount to trading weekly contracts on a Friday. Do not attempt to do so unless you are an advanced trader with access to disposable funds.
Extended Watchlist:
FORW, DTGI, BLLB, HMNY, ZHUD, BSGM