Carter’s CRI Stock & Option Trade Ideas

Based on the technical data for CRI, the stock is currently in a bearish trend. The MACD line is below the signal line, the RSI is showing weakness below the 50 level, and the price is trending downwards.

In light of this bearish outlook, here are some potential trading strategies for CRI:

Stock Trading:

Short Selling: Traders can consider short selling CRI stock with proper risk management in place to profit from a potential continued downtrend.

Put Options: Buying put options on CRI can be a way to benefit from potential downside movement while limiting risk to the premium paid for the options.

Option Trading:

Bear Put Spread: Traders can utilize a bear put spread strategy by buying a put option with a higher strike price and simultaneously selling a put option with a lower strike price. This strategy can profit from a further decline in CRI stock price.

Short Call Strategy: Selling call options on CRI can be considered for traders who believe the stock price will not rise significantly. This strategy allows traders to collect premium income if the stock price remains below the strike price.