Molson Coors TAP Stock & Option Trade Ideas

The technical analysis for TAP indicates a bearish trend:

• The MACD line is consistently below the Signal line since early April, showing a downward trend.
• The RSI has been fluctuating but mostly staying below the 50 level, indicating bearish momentum.
• The Bollinger Bands have been narrowing, suggesting potential volatility ahead.

Based on the analysis, here are some potential stock and option trading strategies for TAP:

• Stock Trades:
• Consider short-selling TAP stock as the bearish trend is likely to continue.
• Set stop-loss orders to manage risk in case of unexpected price movements.
• Option Trades:
• Buy put options on TAP to profit from potential downward movements in the stock price.
• Consider a bear put spread strategy to limit downside risk while still benefiting from a bearish outlook.