Curtiss-Wright CW Stock & Option Trade Ideas

Based on the technical data for stock CW:

• The MACD (Moving Average Convergence Divergence) is currently positive, indicating a bullish trend.
• The RSI (Relative Strength Index) is fluctuating but generally showing strength in the market as it remains above 50.
• The Bollinger Bands are widening, suggesting increased volatility in the stock price.
• The stock price has been increasing over the past few days, also supporting a bullish outlook.

Considering the above indicators, here are potential trading strategies for CW:

• Bullish Stock Trade: Consider buying CW stock as it is in an uptrend. Look for entry points on pullbacks or consolidations for a favorable risk-reward ratio.
• Call Option Trade: To benefit from the bullish trend with limited risk, consider buying call options on CW with a strike price near the current stock price and expiration date that aligns with your trading horizon.
• Bull Put Spread: If you prefer a neutral to bullish strategy, you can sell a put option with a strike below the current stock price and buy a put option with a lower strike for risk management.
• Long Straddle: In anticipation of increased volatility, a long straddle strategy involving buying a call and a put option at the same strike price can be considered for potential profit from price fluctuations.