Today is for "window dressing", I wouldn't get too nervous. If it does not drop on Thu, Jan 2 than you might have to swallow those Puts. But in the longer-term (how long - I do not know) ADBE will drop as it is just way too overvalued, even to grow into the current price over a period of years.
hey jim. although I'd like to see some pressure on the market beginning Thursday, I realize the Santa Claus rally could last through the week. It's next week where I want to see some selling. Agreed, this is all just window dressing, and tape painting.
Your right, no volume last week or this week. Trading volume today was about 25% of the normal amount. It will probably close near high for the day, and then sell of a tad bit in After Hours. The real mojo won't begin again until Mon, Jan. 6. Happy New Year!