Re: Bought ADBE $87 in Nov, should I sel
BE will be at $40 to $50. Then you can write 6 months calls and get $8 to $10. So you have some chance of getting out at $50 to $60.
The downside of ADBE is $20 to $22 in a worst case scenario. The new version of Acrobat should be a big winner.
My 2 cents: Don't do the easy thing and sell out here.
Good luck