Mattel MAT Stock & Option Trade Ideas

Based on the technical data for MAT, the stock is currently in a bearish trend. The MACD line is below the signal line, the RSI is below 50 indicating bearish momentum, and the price is below the middle Bollinger Band.

Considering this bearish outlook, here are some potential trading strategies for MAT in the coming days:

Stock Trading:

• Consider shorting MAT stock with a stop-loss above the middle Bollinger Band to manage risk.
• Look for opportunities to enter short positions on any failed rallies or resistance levels.
• Monitor volume levels to confirm the strength of the bearish trend and consider scaling into positions accordingly.

Option Trading:

• Consider buying put options on MAT to benefit from potential downside movement while limiting risk to the premium paid.
• Look for out-of-the-money put options with an appropriate expiration date to capture any significant price declines.
• Alternatively, consider selling covered calls if you are holding a bearish view but also own MAT stock to generate additional income.