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Adobe Unusual Options Activity

Benzinga ·  Sep 27, 2023 01:45

Someone with a lot of money to spend has taken a bullish stance onAdobe(NASDAQ:ADBE).

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with ADBE, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 24 uncommon options trades for Adobe.

This isn't normal.

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