Financial giants have made a conspicuous bearish move on Adobe. Our analysis of options history for Adobe (NASDAQ:ADBE) revealed 20 unusual trades.
Delving into the details, we found 25% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $75,303, and 18 were calls, valued at $952,496.
What’s The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $320.0 to $450.0 for Adobe over the last 3 months.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Adobe’s options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Adobe’s whale activity within a strike price range from $320.0 to $450.0 in the last 30 days.
Adobe Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ADBE | CALL | TRADE | BULLISH | 06/18/26 | $18.65 | $18.35 | $18.65 | $400.00 | $236.8K | 2.9K | 129 |
| ADBE | CALL | SWEEP | NEUTRAL | 03/20/26 | $8.5 | $7.3 | $7.8 | $400.00 | $64.9K | 1.8K | 17 |
| ADBE | CALL | SWEEP | BEARISH | 01/16/26 | $3.05 | $3.0 | $3.0 | $370.00 | $59.4K | 2.1K | 210 |
| ADBE | CALL | TRADE | BULLISH | 01/16/26 | $2.9 | $2.9 | $2.9 | $370.00 | $58.0K | 2.1K | 411 |
| ADBE | CALL | TRADE | BEARISH | 03/20/26 | $45.8 | $44.1 | $44.77 | $320.00 | $53.7K | 279 | 12 |
About Adobe
Adobe provides content creation, document management, and digital marketing and advertising software and services to creative professionals and marketers for creating, managing, delivering, measuring, optimizing, and engaging with compelling content multiple operating systems, devices, and media. The company operates with three segments: digital media content creation, digital experience for marketing solutions, and publishing for legacy products (less than 5% of revenue).
Following our analysis of the options activities associated with Adobe, we pivot to a closer look at the company’s own performance.
Where Is Adobe Standing Right Now?
- Trading volume stands at 216,180, with ADBE’s price up by 0.06%, positioned at $354.0.
- RSI indicators show the stock to be may be overbought.
- Earnings announcement expected in 72 days.
Expert Opinions on Adobe
A total of 5 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $410.6.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge’s Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
* Maintaining their stance, an analyst from TD Cowen continues to hold a Hold rating for Adobe, targeting a price of $400.
* Maintaining their stance, an analyst from Citigroup continues to hold a Neutral rating for Adobe, targeting a price of $366.
* An analyst from DA Davidson persists with their Buy rating on Adobe, maintaining a target price of $500.
* Consistent in their evaluation, an analyst from Citigroup keeps a Neutral rating on Adobe with a target price of $387.
* Maintaining their stance, an analyst from BMO Capital continues to hold a Outperform rating for Adobe, targeting a price of $400.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Adobe with Benzinga Pro for real-time alerts.