Smart Money Is Betting Big In ADBE Options
Portfolio Pulse from Benzinga Insights
Investors with significant capital have shown a mixed sentiment towards Adobe (NASDAQ:ADBE) through options trading, with a notable split between bullish and bearish positions. The options trades indicate a price window of $490.0 to $540.0 for Adobe. The stock is currently trading at $532.28, with a neutral RSI. Analysts have mixed ratings, with price targets ranging from $600 to $635.
August 09, 2024 | 3:01 pm
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NEUTRAL IMPACT
Significant options trading activity in Adobe (NASDAQ:ADBE) shows a mixed sentiment among big-money investors, with a price window of $490.0 to $540.0. The stock is currently trading at $532.28, and analysts have mixed ratings with price targets between $600 and $635.
The mixed sentiment in options trading, combined with the current stock price and analysts' ratings, suggests a neutral short-term impact. The price window of $490.0 to $540.0 indicates potential volatility, but no clear direction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100