Past performance does not predict future results. Informational only, not investment advice.
Secondary position of 2 call contracts at $200 strike (Dec 2027), purchased after recent earnings weakness, indicating conviction in Adobe's recovery and upside potential.
Author is bullish on Adobe long-term, holding 13 call contracts (250 strike, Dec 2027 expiry) at $46.67 avg and 2 call contracts (200 strike) at $47.48 each, with breakeven at $300 at expiration. The strategy reflects conviction through averaging down during recent weakness.
Adobe is undervalued at 10x forward P/E as a media company but positioned to be recognized as an AI stock. With proprietary Firefly training on Adobe Stock and leadership void likely resolved within months, the stock should re-rate upward as investors shift narrative from legacy software to AI enablement.
Adobe is undervalued and will appreciate around earnings. Author is betting on the stock moving up and calls going in the money.
Adobe is positioned to become the leader in the next era of AI boom through its ecosystem and partnerships (e.g., Nvidia), moving beyond concerns about slowing growth to profit from AI-driven tools like Firefly. A new CEO announcement will catalyze leverage of this AI advantage, supported by Jensen Huang's bullish stance and insider ownership.
Adobe is positioned to become the leader in the next era of AI boom through its ecosystem and partnerships (e.g., Nvidia), moving beyond concerns about slowing growth to profit from AI-driven tools like Firefly. A new CEO announcement will catalyze leverage of this AI advantage, supported by Jensen Huang's bullish stance and insider ownership.
Adobe is positioned to become the leader in the next era of AI boom through its ecosystem and partnerships (e.g., Nvidia), moving beyond concerns about slowing growth to profit from AI-driven tools like Firefly. A new CEO announcement will catalyze leverage of this AI advantage, supported by Jensen Huang's bullish stance and insider ownership.
Author is making an all-in bullish bet on Adobe, framing it as a contrarian "be greedy when others are fearful" opportunity. The thesis implies Adobe is undervalued amid market pessimism and poised for recovery.
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