I'll break down various option trade scenarios into the earnings, focusing on one that will benefit from a big move in any direction.
Adobe's Creative Cloud subscription model generates recurring revenue and maintains a solid customer base, from freelancers to large enterprises.
Adobe's Document Cloud, featuring Acrobat and PDF solutions, is critical in digital document management and e-signatures.
Of course, any bears out there could also use a calendar to bet on a downside move, using a $500 Sep/Jan put calendar.
Combining the call and put calendar is a trade I usually refer to as a strangle swap.
Persons:
Adobe Sensei, Jan, I've
Organizations:
Adobe, Labor, CNBC, NBC UNIVERSAL