I opened $ADBE STRADDLE 250110 CALL 550.0/PUT 550.0$  ,

Straddle taken on ADBE earnings expecting 5-7% move either ways although revenue is seen rising. Let's see what magic can it perform as long price action doesn't stand still within current zone will do. Time to move'it, mov'it!

ADBE Straddle
12-12 00:26
US550.0/550.0
SidePriceRealized P&L
Debit
Open
54.86--
Holding
ADBE STRADDLE 250110 CALL 550.0/PUT 550.0
# Trade Feed: Who is your favorite star traders?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment23

  • Top
  • Latest
  • SeriouSyrius
    ·12-12
    TOP
    Might want to compare against $550 strike expire in 2 days. I see a $600 profit on the nearest strike but a breakeven or loss on the Jan straddle.
    Reply
    Report
    Fold Replies
    • DeltaDriftReplying toZEROHERO

      Tyty, good stuff

      12-12
      Reply
      Report
    • ZEROHEROReplying toDeltaDrift
      Options profit calculator. Go try it
      12-12
      Reply
      Report
    • ZEROHEROReplying toSeriouSyrius
      Sure thing! I always share my trades after taking & closing them via trade feeds 😉
      12-12
      Reply
      Report
    View more 3 comments
  • SeriouSyrius
    ·12-12
    TOP
    Looks like it didn’t swing hard enough and I thought suppose to buy the nearest expiry for better R-R. Longer expiry will usually result in breakeven or loss.
    Reply
    Report
    Fold Replies
    • SeriouSyriusReplying toDeltaDrift
      Yes I know that but it looks to me PUT gain outweigh or just breakeven on the CALL loss.
      12-12
      Reply
      Report
    • DeltaDriftReplying toSeriouSyrius

      Covered from Put profit… Close both positions

      12-12
      Reply
      Report
    • ZEROHEROReplying toSeriouSyrius
      Yup. All factored in. You can calculate the P&L beforehand
      12-12
      Reply
      Report
    View more 2 comments
  • DeltaDrift
    ·12-12
    TOP

    $Adobe(ADBE)$ Crashed hard post market… Well trade

    Reply
    Report
    Fold Replies
    • ZEROHEROReplying toDeltaDrift
      Kum sia, pal 🥳
      12-12
      Reply
      Report
    • DeltaDriftReplying toZEROHERO

      Dayum… Huat ah!

      12-12
      Reply
      Report
    • ZEROHERO
      Thanks! Looking at about $1k profit per contract 🤑
      12-12
      Reply
      Report
  • 微风轻扬
    ·12-12
    TOP
    The share price dropped 10%, how much money this option pair can make?
    Reply
    Report
    Fold Replies
    • ZEROHERO
      Likely $1k per contract. Let’s see later
      12-12
      Reply
      Report
  • sukabima
    ·12-13
    Artikel yang bagus, apakah Anda ingin membagikannya?
    Reply
    Report
  • iamateh
    ·12-13

    h

    Reply
    Report
  • calvinkong
    ·12-12

    Great article, would you like to share it?

    Reply
    Report
  • Sonsonkok
    ·12-12

    Great article, would you like to share it?

    Reply
    Report