Adjusting the ADBE Position

ADBE’s share price continues to decline. I am rolling the positon to December and lowering the strikes on the call side. This move costs a debit of of $.75. I do not usually pay up to adjust a positon, but am making an exception here to keep the dream alive.

The new position is

ADBE Dec 475P/-500P/-520C/525C for a credit of $7.83.

Share on twitter
Share on whatsapp
Share on email
More posts in
0
Would love your thoughts, please comment.x
()
x