DXC Technology DXC Stock & Option Trade Ideas

Based on the technical data for DXC, the stock appears to be in a bearish trend. The MACD line is consistently below the signal line, indicating downward momentum. The RSI values are also lower, suggesting the stock may be oversold.

Considering this bearish outlook, potential stock and option trades for DXC in the coming days could include:

• Stock Trade: Traders may consider short-selling DXC stock to profit from the anticipated downward movement. Keep a close watch on key support levels for potential exit points.
• Put Option Trade: Buying put options on DXC could also be a strategy to benefit from a potential decline in the stock price. Selecting an appropriate strike price and expiration date is crucial for this trade.
• Bear Put Spread: This strategy involves buying a put option with a higher strike price and selling a put option with a lower strike price. It can limit risk while offering profit potential if the stock price decreases.
• Short Call Option: Selling call options on DXC can generate income if the stock price remains below the strike price until expiration. This strategy can be risky if the stock price increases significantly.