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Market Action App Alert, NEUTRAL unusual option activity for Adobe Inc. Ticker: ADBE

Thursday, 11.18.2021

41 contracts traded for ADBE $530 strike puts for expiration 06/17/22 with open interest of (458) when the shares were trading at 669.86.

ADBE $530 strike puts for 06/17/22 expiration

Option Flow Order Summary

  • Size: 41
  • Sentiment: NEUTRAL
  • Estimated Cost Per Contract: 59,450
  • Estimated Premium Value: $59K
  • Volume: 85
  • Open Interest: 458
  • Contract Close Price: 670.67
  • Stock Price at Trade: 669.86
  • Market Action Score: 86.67% Bullish

Why is this an Unusual Option Activity?

  • The Trade Volume is above Open Interest of (458).
  • The Stock has earnings coming up. – 2021-12-16

Stock Technical Information

  • Stock Levels: Last Close: 670.67 , Points Change: 0.91, % Change: ⬇️ -0.14%
  • Today’s Volume: 204K (10 Days average: 1.37M)
  • Price Levels to consider for tomorrow:

    • Resistance 2: 676.65
    • Resistance 1: 674.66
    • Pivot Point: 668.75
    • Support 1: 664.76
    • Support 2: 661.81
  • Stock is above 10 SMA: 662.04
  • Stock is above 20 SMA: 652.88
  • Stock is above 50 SMA: 628.69
  • Stock is above 100 SMA: 627.99
  • 52 Week High: 678

Stock chart for ADBE (1 day)


Helpful Info

How is options trade sentiment calculated?

Bullish: Options trades are considered having a “bullish sentiment” when a “call option” is purchased at/near ask price or a “put option” is sold at/near bid price. The buyer or seller of the options is expecting the option, or any financial instrument, will increase in price.

Bearish: Options are “bearish sentiment” when a call option is sold at/near bid price or a put option is bought at/near ask price. The buyer or seller of the options is expecting the option, or any financial instrument, will decrease in price.

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