Monster Beverage MNST Stock & Option Trade Ideas

Based on the technical data for MNST:

• MACD: The MACD line is below the Signal line, indicating a bearish trend.
• RSI: The RSI is fluctuating but has been mostly below 50, indicating a bearish sentiment.
• Bollinger Bands: The stock price has been consistently below the Middle Band, also suggesting a bearish trend.

Considering the bearish indications from the technical data, here are some potential trading strategies for MNST:

1. Stock Trade: Consider short-selling MNST with a stop-loss above the Upper Bollinger Band to mitigate risk.
2. Option Trade 1 (Bearish): Buy put options with a strike price slightly below the current price and an expiration date within the next 2-4 weeks.
3. Option Trade 2 (Advanced): Implement a bear put spread by buying a put option with a lower strike price and selling a put option with a higher strike price. This strategy limits both potential profit and loss.