TopgOptions

ADBE Adobe Options Ahead of Earnings

Long
TopgOptions Updated   
NASDAQ:ADBE   Adobe Inc.
Analyzing the options chain of ADBE Adobe prior to the earnings report this week,
I would consider purchasing the 460usd strike price Calls with
an expiration date of 2023-7-21,
for a premium of approximately $21.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.





Trade closed: target reached:
ADBE trading at $518.74 after the earnings.
Calls went up from $21.60, when I wrote this article, to $61.25 today, for a 2.8X gain!
Fantastic!

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