Unum UNM Stock & Option Trade Ideas

Based on the technical data for UNM:

• MACD (Moving Average Convergence Divergence) has been consistently negative, indicating a bearish trend.
• RSI (Relative Strength Index) has shown fluctuations but is currently around 57, indicating a neutral to slightly bullish sentiment.
• Bollinger Bands are narrowing, suggesting a decrease in volatility.
• Stock price has been fluctuating around the middle Bollinger Band.

Considering the above data, the overall outlook for UNM is bearish with a slight bullish bias based on RSI.

Potential trading strategies for UNM:

• Stock Trade: Given the bearish trend indicated by MACD, traders might consider short selling UNM if the price breaks below the lower Bollinger Band.
• Option Trade 1 (Bearish): Traders could consider buying put options or bear put spreads if they believe UNM will continue to decline. The options should have an expiry date after the next earnings release to benefit from potential price drops.
• Option Trade 2 (Neutral to Bullish): For traders with a more neutral to bullish view based on RSI, they could consider selling cash-secured puts or bull put spreads to capitalize on a stable or slightly rising stock price.