Adobe Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Significant unusual options activity has been observed for Adobe (NASDAQ: ADBE), with a mix of bullish and bearish trades. A total of 126 uncommon options trades were spotted, with a notable volume and open interest. The price target range for these trades is between $300.0 and $780.0. Adobe's stock is currently down by 0.53%, trading at $443.52, and may be oversold according to RSI readings.
May 31, 2024 | 8:16 pm
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Significant unusual options activity has been observed for Adobe, with a mix of bullish and bearish trades. The price target range for these trades is between $300.0 and $780.0. Adobe's stock is currently down by 0.53%, trading at $443.52, and may be oversold according to RSI readings.
The significant volume of unusual options activity, with a mix of bullish and bearish trades, suggests heightened interest and potential volatility in Adobe's stock. The RSI readings indicating the stock may be oversold could attract buyers, potentially driving the price up in the short term.
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