AON AON Stock & Option Trade Ideas

Based on the technical data for AON:

• The MACD (Moving Average Convergence Divergence) indicator has been consistently negative, indicating a bearish trend.
• The RSI (Relative Strength Index) has been fluctuating but mostly below 50, indicating a bearish sentiment.
• The stock price has been consistently below the middle Bollinger Band, also suggesting a bearish trend.

Given the bearish signals, here are potential stock and option trading strategies for AON:

• Stock Trade: Consider short-selling AON if you believe the bearish trend will continue. Set a profit target and stop-loss to manage risks.
• Protective Put Option: Purchase put options as a hedge against potential downward movement in AON’s stock price. This strategy provides downside protection.
• Bear Put Spread: Execute a bear put spread by buying a put option at a lower strike price and selling a put option at a higher strike price. This strategy profits from a decline in AON’s stock price.
• Short Call Option: If you expect AON’s stock price to remain below a certain level, consider selling call options. This strategy profits from a decline or sideways movement in the stock price.