Keurig Dr Pepper KDP Stock & Option Trade Ideas

Bullish/Bearish Analysis for KDP:

The technical indicators for KDP suggest a bullish trend. The Moving Average Convergence Divergence (MACD) is above the signal line, the Relative Strength Index (RSI) is above 50, and the stock price is above the middle Bollinger Band.

Potential Trades for KDP:

Stock Trades:

1. Buy: Consider buying KDP stock at the current price of $34.25 with a target price of $35.50 and a stop-loss at $33.50.

2. Sell: If you currently hold KDP stock, consider selling if the price drops below $33.50 to protect your profits.

Option Trades:

1. Call Option: Consider buying a KDP call option with a strike price of $35 and an expiration date around 1-2 weeks out to capitalize on potential further upside.

2. Put Option: Alternatively, consider buying a KDP put option with a strike price of $33 and an expiration date around 1-2 weeks out as a hedge in case the stock price retraces.