$ADBE 20261120 275.0 CALL$ ADBE: take profit. 

The short call hit target profit of 70% max premium about 2 weeks ahead of expiry. 

It was originally setup as a short strangle. And I've already taken profit on the short put leg when ADBE went up on 22nd Oct, and now that ADBE is trading lower, the remaining short call also turned profitable. 
ADBE CALL
11-06 22:57
US20261120 275.0
SidePrice | FilledRealized P&L
Buy
Close
0.81
1Lot(s)
+69.77%
Closed
Adobe
# Trade Feed: Who is your favorite trader?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment(2)

  • Top
  • Latest
  • HaydenBruce
    ·11-07 00:42
    Nice exit. The real risk with ADBE is still multiple compression if growth keeps cooling.
    Reply
    Report
  • AuntieAaA
    ·11-07 00:54
    Good
    Reply
    Report