Options · ADBE

GEX × Max Pain for ADBE

AI-generated plain-English read of gex × max pain for ADBE. Updated daily.

The stock is being pinned around $250.00 — hedging is strong here and both magnets agree. Expect price to stay close to that level until expiration.

What will probably happen

Short-term: price holds near $250.00 into this week's expiry. Pin behavior is strongest in the last hour Friday.

If you HOLD this stock: Add a hedge near $250.00 — that's the regime-flip line. Below it the structure stops protecting you and starts working against you. A put or stop just under is structurally informed.
If you TRADE this stock (no options): Mean-reversion setup: fade rallies above and dips below $250.00. The pin is strongest into Friday close.
If you trade OPTIONS: Theta play: short strangle/iron condor centered on $250.00. Damper + tight pin is the cleanest premium-collection setup.

Clear regime, tight convergence, full term structure (17 expirations).

Technical details

Term: Term structure: max-gamma climbs from $250.00 (front) to $280.00 (longest-dated); max-pain drops from $250.00 to $230.00; the flip point recedes from spot in longer-dated rows (more damper buffer).
Regime: Damper regime is in place (positive net GEX of $99.4K), but the flip point at $250.00 is within 0.6% of spot — a small move puts us in the amplifier zone.
Structure: Spot $248.48; front-week magnet at $250.00 (max-gamma) and $250.00 (max-pain).
Convergence: Front-week max-gamma ($250.00) and max-pain ($250.00) are both inside ±2% of spot and within 1% of each other — two independent magnets agreeing on a tight pin. This is the cleanest pin setup we surface.

One mid-curve expiration carries >5× the front-week dollar GEX — single-position concentration risk; signal is more vulnerable to unwinds.