Verizon VZ Stock & Option Trade Ideas

Based on the technical data for VZ, the stock is currently exhibiting bearish signals:

• The MACD line is below the signal line, indicating a bearish trend.
• The stock price is below the middle Bollinger Band, suggesting a bearish sentiment.
• The RSI is below 50, indicating bearish momentum.

Considering the bearish signals, here are potential trading strategies for VZ:

• Stock Trade: Consider shorting VZ with a stop-loss above the middle Bollinger Band to manage risk.
• Option Trade 1 (Bearish): Buy put options with a strike price near the current stock price and an expiration date within the next few weeks to capitalize on potential downside movement.
• Option Trade 2 (Neutral to Bearish): Sell a bear call spread by selling a call option with a strike price slightly above the current stock price and buying a further out-of-the-money call option to limit potential losses.