AcornWealthCorp
Short

ADBE- Buy Put on Earning

NASDAQ:ADBE   ADOBE SYS INC
25 0 2
ADVE- Option Put buying on earning
Trade Logic: Strong insider selling in stock & in related industry, high probability head & shoulder pattern & Earning Option Play
Entry Price: 99.50, option entry $2.55
Target Price: First Target 95.37, Second Target 91

Option: Jul2016, 97.5 Put for $2.55

You can check our detailed analysis on ADVE in the trading room link here-
Trade Suggestion Date: 21/6/2016
Trading Room - Executive summery link: https://www.youtube.com/watch?v=yZ-XY2Zcm-M
Time Span: 9:00”
Trade Open: 21/6/2016
Trade Close: N/A
Profit/Loss: -
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