ADBE 590 PUT OPTIONS BIG PAYDAY

Traders were very excited Adobe everybody knows it it was a great buy boy we pumped it all the way up but we reported the earnings and we bought the put options on Adobe and we're going to go ahead and review them the 590 puts you can see there was four of them B that was us um down here so these are going to be very valuable to go out till November 15th okay Trader by know in Adobe my whole life we're breaking below some key moving averages on this downside right now oh yes we are if you take a look at the 200 day that's at 544 and we're below it right now we're at 540 so we're you know almost $ below that 200 day then we have the 150 and then we have the 100 down here below we can see the momentum has changed drastically with this downside movement and the price is right here right now it's live it's perfect for you to learn about the earning season and this is at the tail end and we're continuing to go lower but it's live and it's here it's now all the moving averages are violation right now going downward that makes our short the value go skyrocketing

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