Akamai AKAM Stock & Option Trade Ideas

Based on the technical data for AKAM, the stock is currently showing bearish signals. The MACD line is below the Signal line, the RSI is below 50, and the stock price has been consistently decreasing.

Considering the bearish outlook, here are some potential stock and option trading strategies for AKAM in the coming days:

Stock Trading Strategy:
Short Sell: Traders can consider short selling AKAM stock with proper risk management strategies in place. The stock has been on a downtrend and may continue to decline further.

Option Trading Strategy:
Put Option: Traders can consider buying put options on AKAM as a bearish bet. Look for out-of-the-money or at-the-money put options with an appropriate expiration date to capitalize on potential further downside in the stock price.