Whales with a lot of money to spend have taken a noticeably bullish stance onAdobe.

Looking at options history for Adobe (NASDAQ:ADBE) we detected 43 trades.

If we consider the specifics of each trade, it is accurate to state that 39% of the investors opened trades with bullish expectations and 39% with bearish.

From the overall spotted trades, 18 are puts, for a total amount of $1,525,862 and 25, calls, for a total amount of $2,935,985.

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $240.0 to $720.0 for Adobe over the recent three...