 Hello there everyone and welcome. This is Melissa Armo with Stock Swoosh and Reviewing Adobe. Two nice calls on this today. One was an option. One was a regular day train. So again we have a really good quality gap which this was today. You can do it as a day train or you could do as an option trade. So this was to buy the 300 calls expiring Friday or you could do the two 90s. Wasn't sure exactly where this would open today but either one would have worked and then we also did it as a day trade in the room. So just I'm going to go over this here very briefly but this looks very nice. I'm just going to squeeze it up here. Perfect, perfect, perfect, perfect entry in here. Did the ad, got the rally, here's the lift up, drop down again, could have held it a little longer. Anyways either way no matter what you did with this this was a very nice profitable day trade. I don't know if anybody really would have wanted to hold this through the minutes here at two o'clock for the actual equity trade because again you got to be out of day trades by four but the option you could have got out in the run up here in the morning or you could have held it through and this could even continue tomorrow but I mean again I've reiterated this so many, so many, so many times that when you have a move in something 50%, 100% or more than 100% on the day in a trade whether it's an equity trade or an option trade in this type of environment in this market which is very whippy. It's very, very important to get out of profit and it's very important to book the money although this looks great. I mean actually previous high in this was 291.70 and this ran up here and got over the highs so this almost got to 292 again four minutes into the close this is selling off a little bit just long taking their positions off here for the day but you know I think Adobe's higher and this could follow through tomorrow so if people are out of the option fine if you want to hold it through fine but again in this market I think booking money is key, it simplifies your life, it really makes the lot easier for you and this stock did it and congratulations to everyone in the day trading room today because this was not easy. If you look at this here and I'm just going to blow this up here and show you from this morning this looked like it was going to sell off held the conviction having conviction and holding conviction and holding the conviction in a trade if you take a trade and it's down until it goes until you're positive is so vital so important so you had day traders trying to short this today to fill the gap down that's the wrong thing to do we were in this long it held I mean this was so nice just a perfect read on this here the momentum on Adobe was to the upside it followed through continued the day traders that tried to short this got pummeled today it was never a short this was a long and this was just a beautiful beautiful call a this is this is really this type of call today even though I mostly look at the shorts was this was a long this type of trade today like defines exactly what I'm so good at doing which is reading price action and gaps reading institutional buying and selling because we went against the grain and what most day traders did with this today the momentum was to the upside institutions were buying Adobe they bought it up in the gap and it followed it through and the stock made new highs today great call it's running out of day here again take your profits when you're at when you're up in these trades if you want to hold some overnight that's okay but this was a nice move for Adobe today it could very well continue Thursday we'll have to see where the market opens tomorrow as well if you're interested in the Golden Gap course the class for June is this weekend June 22nd and 23rd email me at Melissa at thestockswish.com have a great day everyone