Adobe (ADBE) Offering Possible 36.99% Return Over the Next 17 Calendar Days

Adobe's most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $260.00 short put and a strike $255.00 long put offers a potential 36.99% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $260.00 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $255.00 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 at 62.38 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

MARKETS: Ulta is a Kardashian story, Lululemon is an e-commerce story
Fri, 31 Aug 2018 19:00:16 +0000
From the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Stephanie Sy to break down the latest market moves.

Here's the performance of select trending stocks as of 2:00 pm EDT:

GERN(HB) Geron Corp 5.37%
PBR Petroleo Brasileiro S.A. ADS 2.71%
CGC(HB) Canopy Growth 2.79%
GEVO(HB) Gevo Inc 1.96%
JCP(HB) Penney (J.C.) 1.44%
AAPL Apple Inc 1.29%
HMNY(HB,F) Helios and Matheson Analytics 1.93%
X U.S. Steel Corporation 1.19%
GE General Electric Co 1.04%
ACBFF(HB) Aurora Cannabis Inc 0.98%
NFLX Netflix Inc 1.01%
LRCX Lam Research 0.90%
BABA Alibaba Group Holding Ltd 0.82%
SBUX Starbucks Corp 0.85%
NVDA Nvidia Corp 0.85%
SDRL(HB) Seadrill Limited 0.80%
NKE Nike Inc Cl B 0.80%
CSCO Cisco Systems 0.78%
AMZN Amazon.com Inc 0.72%
JD JD.com Inc 0.71%
MSFT Microsoft Corp 0.67%
NKTR(0) Nektar Therapeutics 0.68%
MU Micron Tech 0.68%
DBX(HB) Dropbox Inc 0.64%
BILI(HB) Bilibili Inc ADS 0.46%
CRM salesforce.com Inc 0.59%
BB BlackBerry Ltd 0.47%
CMCSA Comcast Cl A 0.56%
QCOM Qualcomm Inc 0.56%
IBM Intl Business Machines Corp 0.51%
SQ Square Inc 0.50%
CELG Celgene Corp 0.49%
CVS CVS Health Corp 0.47%
HD Home Depot Inc 0.48%
CAT Caterpillar Inc 0.47%
WBA Walgreen Boots Alliance Inc 0.43%
BIDU Baidu Inc 0.42%
PYPL PayPal Hldgs Inc 0.36%
MO Altria Grp 0.32%
QQQ Invesco QQQ Trust Series 1 0.32%
V Visa Inc 0.31%
ORCL Oracle Corp 0.31%
AVGO Broadcom Inc 0.21%
DIS Disney (Walt) Co 0.19%
SHOP(HB) Shopify Inc 0.13%
AMAT Applied Materials 0.14%
ROKU Roku Inc Cl A 0.12%
INTC Intel Corp 0.10%
SPY SPDR S&P 500 ETF 0.09%
TEVA Teva Pharm Indus ADR 0.04%
ARWR(0) Arrowhead Pharma Inc 0.00%
T AT&T Inc 0.00%
AMD Advanced Micro Devices Inc -0.08%
WFC Wells Fargo -0.05%
PG Procter & Gamble Cc -0.07%
HUYA(HB) HUYA Inc -0.07%
GILD Gilead Sciences -0.08%
KO Coca-Cola Co -0.10%
JNJ Johnson & Johnson -0.10%
IQ IQIYI Inc ADS -0.17%
PFE Pfizer Inc -0.15%
SOGO(HB) Sogou Inc -0.12%
XOM Exxon Mobil -0.19%
SIRI Sirius XM Hldgs Inc -0.21%
ADBE Adobe Systems -0.26%
WMT Wal-Mart Stores -0.36%
VZ Verizon Communications -0.42%
KMI Kinder Morgan Inc -0.45%
ABBV AbbVie Inc -0.52%
GOOG Alphabet Inc Cl C Cap Stock -0.61%
FIT Fitbit Inc -0.58%
C Citigrp Inc -0.66%
JPM JPMorgan Chase & Co -0.67%
GOOGL Alphabet Inc Cl A -0.67%
BAC Bank of America Corporation -0.73%
F Ford Motor -0.78%
TSLA Tesla Inc -0.78%
BA Boeing Co -0.80%
CVX Chevron Corporation -0.88%
FB Facebook Inc -1.00%
TWTR Twitter Inc -1.23%
BP BP P.L.C. ADS -1.38%
SRPT Sarepta Therapeutics Inc -1.41%
SNAP Snap Inc -1.53%
VXX iPath S&P 500 VIX Short-Term -1.73%
RAD Rite Aid -2.14%
CHK Chesapeake Energy Corp -2.22%
UVXY ProShs Ultra VIX Short-Term -2.67%
TRXC(HB) TransEnterix Inc -2.98%
TVIX VS 2X VIX Short Term -3.11%

MARKETS: Watch out for this 30 point air pocket in the S&P, as August wraps
Fri, 31 Aug 2018 19:00:15 +0000
From the floor of the New York Stock Exchange, Yahoo Finance's Jared Blikre joins Stephanie Sy to break down the latest market moves.

Here's the performance of select trending stocks as of 2:00 pm EDT:

GERN(HB) Geron Corp 5.37%
PBR Petroleo Brasileiro S.A. ADS 2.71%
CGC(HB) Canopy Growth 2.79%
GEVO(HB) Gevo Inc 1.96%
JCP(HB) Penney (J.C.) 1.44%
AAPL Apple Inc 1.29%
HMNY(HB,F) Helios and Matheson Analytics 1.93%
X U.S. Steel Corporation 1.19%
GE General Electric Co 1.04%
ACBFF(HB) Aurora Cannabis Inc 0.98%
NFLX Netflix Inc 1.01%
LRCX Lam Research 0.90%
BABA Alibaba Group Holding Ltd 0.82%
SBUX Starbucks Corp 0.85%
NVDA Nvidia Corp 0.85%
SDRL(HB) Seadrill Limited 0.80%
NKE Nike Inc Cl B 0.80%
CSCO Cisco Systems 0.78%
AMZN Amazon.com Inc 0.72%
JD JD.com Inc 0.71%
MSFT Microsoft Corp 0.67%
NKTR(0) Nektar Therapeutics 0.68%
MU Micron Tech 0.68%
DBX(HB) Dropbox Inc 0.64%
BILI(HB) Bilibili Inc ADS 0.46%
CRM salesforce.com Inc 0.59%
BB BlackBerry Ltd 0.47%
CMCSA Comcast Cl A 0.56%
QCOM Qualcomm Inc 0.56%
IBM Intl Business Machines Corp 0.51%
SQ Square Inc 0.50%
CELG Celgene Corp 0.49%
CVS CVS Health Corp 0.47%
HD Home Depot Inc 0.48%
CAT Caterpillar Inc 0.47%
WBA Walgreen Boots Alliance Inc 0.43%
BIDU Baidu Inc 0.42%
PYPL PayPal Hldgs Inc 0.36%
MO Altria Grp 0.32%
QQQ Invesco QQQ Trust Series 1 0.32%
V Visa Inc 0.31%
ORCL Oracle Corp 0.31%
AVGO Broadcom Inc 0.21%
DIS Disney (Walt) Co 0.19%
SHOP(HB) Shopify Inc 0.13%
AMAT Applied Materials 0.14%
ROKU Roku Inc Cl A 0.12%
INTC Intel Corp 0.10%
SPY SPDR S&P 500 ETF 0.09%
TEVA Teva Pharm Indus ADR 0.04%
ARWR(0) Arrowhead Pharma Inc 0.00%
T AT&T Inc 0.00%
AMD Advanced Micro Devices Inc -0.08%
WFC Wells Fargo -0.05%
PG Procter & Gamble Cc -0.07%
HUYA(HB) HUYA Inc -0.07%
GILD Gilead Sciences -0.08%
KO Coca-Cola Co -0.10%
JNJ Johnson & Johnson -0.10%
IQ IQIYI Inc ADS -0.17%
PFE Pfizer Inc -0.15%
SOGO(HB) Sogou Inc -0.12%
XOM Exxon Mobil -0.19%
SIRI Sirius XM Hldgs Inc -0.21%
ADBE Adobe Systems -0.26%
WMT Wal-Mart Stores -0.36%
VZ Verizon Communications -0.42%
KMI Kinder Morgan Inc -0.45%
ABBV AbbVie Inc -0.52%
GOOG Alphabet Inc Cl C Cap Stock -0.61%
FIT Fitbit Inc -0.58%
C Citigrp Inc -0.66%
JPM JPMorgan Chase & Co -0.67%
GOOGL Alphabet Inc Cl A -0.67%
BAC Bank of America Corporation -0.73%
F Ford Motor -0.78%
TSLA Tesla Inc -0.78%
BA Boeing Co -0.80%
CVX Chevron Corporation -0.88%
FB Facebook Inc -1.00%
TWTR Twitter Inc -1.23%
BP BP P.L.C. ADS -1.38%
SRPT Sarepta Therapeutics Inc -1.41%
SNAP Snap Inc -1.53%
VXX iPath S&P 500 VIX Short-Term -1.73%
RAD Rite Aid -2.14%
CHK Chesapeake Energy Corp -2.22%
UVXY ProShs Ultra VIX Short-Term -2.67%
TRXC(HB) TransEnterix Inc -2.98%
TVIX VS 2X VIX Short Term -3.11%

Why the Microsoft 365 Suite Is Gaining Market Traction
Fri, 31 Aug 2018 16:00:01 +0000
Microsoft (MSFT) 365 product suites comprise Office 365 Enterprise, Windows 10 Enterprise, and Microsoft’s Enterprise Mobility and Security features. These products seek to streamline an organization’s IT environment by offering a unified solution to Microsoft’s enterprise clients.

What's in Store for Workday (WDAY) Stock in Q2 Earnings?
Fri, 31 Aug 2018 14:01:02 +0000
Workday's (WDAY) improving customer satisfaction rate and recent buyouts bodes well for it's growth in the near term.

Workday’s Stock Price Showing an Upside Trend
Fri, 31 Aug 2018 11:31:05 +0000
Workday (WDAY) stock has gained 36.6% in the last year, and its stock price has risen 3.3% in the last month. Workday stock is trading 46.0% higher than its 52-week low of $95.35 and 2.3% lower than its 52-week high of $142.45. In the last five days, Workday stock has risen 5.9%.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.