I opened $ADBE CUSTOM 240614 PUT 420.0/PUT 425.0$  ,In the weekly chart, the recent low price is approx $433. Coincidently, this price looks like at the resistance turn support level. In the daily chart, the stochastic is at the oversold region and reversing up from there. Based on the above, I have decided to open this trade with short put at $425. As long as share price stays above $425 at expiry, this trade is a winning trade.
ADBE Vertical
06-05 23:13
US420.0/425.0
SidePriceRealized P&L
Credit
Open
-1.20--
Holding
ADBE CUSTOM 240614 PUT 420.0/PUT 425.0
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  • JesseRW
    ·06-06

    meaning you’re bullish on Adobe?

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    • AyKing
      Yes. I have bullish view for adobe. I also think adobe might be undervalue. Thats my view. 😊
      06-06
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  • ElsieDewey
    ·06-06
    Great analysis [Applaud]
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