Hasbro HAS Stock & Option Trade Ideas

Based on the technical data for HAS:

• MACD (Moving Average Convergence Divergence) has been consistently positive since April 8th, indicating a bullish trend.
• RSI (Relative Strength Index) has fluctuated but is currently around 48.85, suggesting a neutral stance.
• Bollinger Bands are widening, suggesting increased volatility.

Considering the above points, the overall sentiment for HAS is cautiously bullish, with potential for increased volatility.

Potential Stock Trade:

• Consider buying HAS stock at the current price of $59.78 with a target price of $65-67.
• Place a stop-loss order around $57 to minimize losses in case of a trend reversal.

Potential Option Trade (Call Option Strategy):

• Buy a HAS call option with a strike price of $60 and an expiry date around 1-2 months from now.
• If the stock price continues to rise within the timeframe, the option can be profitable due to the leverage options provide.
• Monitor the stock closely and consider taking profits if the price reaches the target range mentioned above.