Good Morning team.

Ad the market moves toward resistance I would like to pickup a little negative delta just in case the market fails.  The NASDAQ looks the most vulnerable at the moment so I want taking a look at Tech I think ADBE is looking weak.

This trade is early because we have no failure pattern as of now but the rally has moved right back up into resistance and downtrend.  Because it early please feel free to wait on entering this trade idea.  Consider selling the SEP 262.5 Calls and Buying SEP the 267.50 Calls creating a Bear Call Credit Spread.  Try to get $1.20 or better in the Credit.  A close above $257 would be the stop out area to consider.

Remember all trade ideas are for your evaluation and consideration.