an Earnings trade idea for Adobe

Earnings after the market close on 06/17

Trade Idea:

Long the June 67.5/70/72.5 1×2 Split Call Ratio
Short the June 62.5 Puts
Trade cost .06 right now
Trade takes margin until Friday (or until naked short pieces are closed)

You must be comfortable owning stock at $62.56

Note: to help with the breakdown of this trade idea, here is another way to view the strategy:

Long June 67.5/70 CS
Short June 72.5/62.5 Strangle

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