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Winner: 56.07% Gain On ADBE Call Options

|Includes: Adobe Inc. (ADBE)

I just sold my ADBE 19OCT18 245 Call Options at $27.00 for a gain of 56.07% on the trade. 

I went LONG on August 20 (see my SA article). 

The timing on this trade was perfect - I bought the options on August 20 and the stock then proceeded to climb for seven consecutive trading days. Trading options is not the same as trading shares - you have to be more aware of price momentum and where that momentum may stall - it appears that the shares may pause at the $268.00 level. Time to book my gains.