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Adobe Systems Incorporated Message Board

  • lekinsh01 lekinsh01 Jun 17, 2014 5:43 PM Flag

    Insider information? Why so many 70, 72.50 calls?

     

    SOme one knew?

    Sentiment: Strong Sell

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    • when looking at the options their are several ways to play them, 1=watch the action heavier side calls/puts usually indicates a move to and above those levels, however if it is suspected to fall then long term holders will sell calls against their holding and buy puts, thus not only protecting with insurance but making money off the call falling in price and the put rising, = bearish bet, ADBE obviously does not have the offsetting volume on the put side to be bearish so these seem to be a bullish bet, thus we move higher, now at some point and IDK profit takers Will step in, for the short term as these expire firday, but that dosnt control new buyers stepping in and shorts covering for a longer term, p/t raised to 82, that's a 30+% upside rise from closing price thus we look for mid to high 70's =unless shorts covering hits today , somthings are known and some are unknown, gl gt to all ADBE won

      Sentiment: Strong Buy

 
ADBE
75.85-0.58(-0.76%)May 4 4:00 PMEDT