HomeInvestingOptionsMorning Trade: Adobe (ADBE) Call Calendar Ahead Of Earnings
Morning Trade: Adobe (ADBE) Call Calendar Ahead Of Earnings

Adobe (ADBE) has been a huge underperformer to say the least, says Tim Biggam, Lead Options Strategist, Delta Derivatives. He is looking to a contrarian side with a call calendar trade. He is buying the April 1 $480 and selling the March 25 $480 call calendar. He discusses the volatility and expected move. He says it could be a double or triple.

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