We have been holding our ADSK put spread (initial post from early July below) for the past week, since the stock had remained below the $55 resistance level as well as the 50 day moving …
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Nearly a month ago, we took a shot from the short side on ADSK, one of the many cloud/SaaS companies that had been at the center of the volatile price action in momentum stocks in …
Continue readingAutoDesk has been one of the beneficiaries of the Software-as-a-Service investor phenomenon. Investors have paid up significantly in valuation terms for stocks like ADSK and ADBE, which have shifted from a one-time software sale model …
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