Mixed options sentiment in Adobe (ADBE), with shares up 32c, or 0.13%, near $246.32. Options volume relatively light with 20k contracts traded and calls leading puts for a put/call ratio of 0.5, compared to a typical level near 1.45. Implied volatility (IV30) dropped 0.28 near 37.84,and above the 52wk median, suggesting an expected daily move of $5.87. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Hold at Argus.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ADBE:
- Mixed options sentiment in Adobe with shares down 1.51%
- Adobe Stock (ADBE) Drops but the Bull Case Is Still Intact
- Goldman Sachs Sounds the Alarm on Adobe Stock, Pointing at ‘Uncertainty until Adobe’s Next CEO Is Announced’
- 3 Tech Stocks That Could Profit from Nvidia GTC 2026 Deals
- Tech, retail companies sign accord, band together to fight scams, Axios says