$Adobe(ADBE)$ Quad Witch Circus: $Adobe(ADBE)$ 's GEX extremes both loom above spot. ITM puts may get exercised, forcing MM buybacks. These market makers play the "burn the puts" game by ramping shares into expiry. The $380 strike acts like a lodestone - their favorite playground for balancing ITM/OTM options. Classic gamma squeeze setup in the making.
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