Medpace MEDP Stock & Option Trade Ideas

Analysis for MEDP:

The MACD (Moving Average Convergence Divergence) indicator for MEDP crossed below the signal line, indicating a bearish trend. The RSI (Relative Strength Index) is below 50, suggesting bearish momentum. The stock price is below the middle Bollinger Band, further confirming the bearish outlook.

Potential Stock Trades for MEDP:

1. Short Sell: Consider short selling MEDP stock as the bearish trend is likely to continue. Set a stop-loss above the middle Bollinger Band to manage risk.

2. Put Options: Purchase put options on MEDP to profit from potential downside. Look for OTM (Out of the Money) put options with a suitable expiration date.

Potential Option Trades for MEDP:

1. Bearish Put Spread: Consider opening a bearish put spread by buying a put option with a lower strike price and selling a put option with a higher strike price. This strategy can limit potential losses while profiting from a downward move in MEDP.

2. Protective Put: If you are holding MEDP stock, consider buying a protective put option to hedge against further downside risk.