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REDDIT

Adobe executives leaving

Hey folks,

Disappointed with ADBE’s inability to find the next CEO and their CFO also left now. This company can’t catch a break. Although earnings looked decent (for now) but nothing proving that AI won’t eat their lunch.

Interested to know community thoughts here. I did some option trading (sold a cash secured put) and as a result I might end up owning 100 shares at roughly 234 cost basis now. I have the capital so not a problem but wondering if it’s worth it to own the shares or just buy that short put back and move on.