Smart Money Is Betting Big In ADBE Options

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Whales with a lot of money to spend have taken a noticeably bearish stance on Adobe.

Looking at options history for Adobe ADBE we detected 91 trades.

If we consider the specifics of each trade, it is accurate to state that 29% of the investors opened trades with bullish expectations and 59% with bearish.

From the overall spotted trades, 57 are puts, for a total amount of $3,005,071 and 34, calls, for a total amount of $2,783,364.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $300.0 to $930.0 for Adobe over the last 3 months.

Insights into Volume & Open Interest

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Adobe's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Adobe's whale activity within a strike price range from $300.0 to $930.0 in the last 30 days.

Adobe 30-Day Option Volume & Interest Snapshot

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
ADBE CALL SWEEP BEARISH 03/21/25 $95.65 $93.4 $94.5 $360.00 $349.6K 51 8
ADBE CALL SWEEP BEARISH 03/21/25 $25.85 $25.5 $25.5 $455.00 $186.1K 7 0
ADBE CALL TRADE BULLISH 01/03/25 $48.0 $44.65 $48.0 $400.00 $144.0K 258 51
ADBE PUT SWEEP BEARISH 01/16/26 $48.6 $47.3 $47.95 $440.00 $119.8K 211 20
ADBE CALL TRADE NEUTRAL 01/15/27 $30.1 $27.6 $29.0 $700.00 $116.0K 115 2

About Adobe

Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).

Having examined the options trading patterns of Adobe, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of Adobe

  • With a trading volume of 1,553,952, the price of ADBE is down by -0.6%, reaching $442.01.
  • Current RSI values indicate that the stock is may be oversold.
  • Next earnings report is scheduled for 70 days from now.

What Analysts Are Saying About Adobe

A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $605.4.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for Adobe, targeting a price of $590. * Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for Adobe, targeting a price of $605. * Consistent in their evaluation, an analyst from DA Davidson keeps a Buy rating on Adobe with a target price of $625. * Consistent in their evaluation, an analyst from Bernstein keeps a Outperform rating on Adobe with a target price of $587. * An analyst from Mizuho has decided to maintain their Outperform rating on Adobe, which currently sits at a price target of $620.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Adobe, Benzinga Pro gives you real-time options trades alerts.

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