$26k $ADBE Mar 20th $300 calls YOLO because the AI narrative is stupid

Original Reddit post

Author is long Adobe March 20 $300 calls, arguing the AI-disruption narrative is overblown given cash generation, buybacks, and oversold technicals.

ADBE — LONG The author is buying $ADBE March 20 $300 calls, arguing Adobe is printing money, still growing YoY, and buying back billions of shares aggressively. They point to an RSI of 21 as evidence the stock is incredibly oversold and argue AI, Apple, or other competitors will not negate the need for Adobe's deeply embedded enterprise software. Returns would track the underlying Adobe stock, not the option P&L; the main stated risk is the AI narrative being right.

$26k $ADBE Mar 20th $300 calls YOLO because the AI narrative is stupid