NEW TRADE IDEA:

New Master Trader Income Option Trade on ADBE based on price action below.

NEW TRADE IDEA:   8/21:  ADBE – Consider shorting Aug (8/24) iron condor:  $245/240 bull put credit spread and $257.5/262.5 bear call credit spread (3 DTE) for current mid-point of $.86/share.  Rangebound income trade.  Stop Loss $245.36/256.31.