Adobe (ADBE) Offering Possible 16.55% Return Over the Next 22 Calendar Days

Adobe’s most recent trend suggests a bullish bias. One trading opportunity on Adobe is a Bull Put Spread using a strike $235.00 short put and a strike $225.00 long put offers a potential 16.55% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $235.00 by expiration. The full premium credit of $1.42 would be kept by the premium seller. The risk of $8.58 would be incurred if the stock dropped below the $225.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Adobe is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for Adobe is bullish.

The RSI indicator is at 66.54 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Adobe

See what the IHS Markit Score report has to say about Adobe Inc.
Sat, 19 Jan 2019 13:06:55 +0000
# Adobe Inc

### NASDAQ/NGS:ADBE

View full report here!

## Summary

* ETFs holding this stock are seeing positive inflows but are weakening
* Bearish sentiment is low
* Economic output for the sector is expanding but at a slower rate

## Bearish sentiment

Short interest | Positive

Short interest is extremely low for ADBE with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting ADBE.

## Money flow

ETF/Index ownership | Negative

ETF activity is negative and may be weakening. The net inflows of $4.87 billion over the last one-month into ETFs that hold ADBE are among the lowest of the last year and appear to be slowing.

## Economic sentiment

PMI by IHS Markit | Negative

According to the latest IHS Markit Purchasing Managers’ Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however, and is easing.

## Credit worthiness

Credit default swap

CDS data is not available for this security.

Please send all inquiries related to the report to score@ihsmarkit.com.

Charts and report PDFs will only be available for 30 days after publishing.

This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.

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