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ADBE 31DEC CALL BUTTERFLY

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This topic contains 1 reply, has 1 voice, and was last updated by  Igor 4 years, 5 months ago.

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  • #18575

    Igor
    Keymaster

    ADBE at 669.33

    I’m looking for a move towards 700 over the next month or so.

    This is a bullish trade set up with a defined risk, which is the debit paid.

    I’m buying a 15 point wide call debit spread and partially financing this spread by selling a 10 point wide call credit spread.

    Risk Profile:

    Order Ticket:

    #18577

    Igor
    Keymaster

    ADBE at 695

    I’m going to book a profit a 25% here and move on

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