Viatris VTRS Stock & Option Trade Ideas

Based on the technical data for VTRS, the stock is currently exhibiting bearish signals:

• The MACD (Moving Average Convergence Divergence) line is below the Signal line, indicating a bearish trend.
• The stock price is below the Middle Bollinger Band, suggesting a bearish sentiment.
• The RSI (Relative Strength Index) is below 50, indicating bearish momentum.

Considering these indicators, here are potential stock and option trading strategies for VTRS:

• Stock Trade: Since the stock is in a bearish trend, consider shorting the stock or buying put options.
• Option Trade: You may want to consider buying put options with a strike price slightly below the current stock price to benefit from a potential further downward movement.
• Risk Management: Ensure proper risk management by setting stop-loss orders to protect your capital in case of unexpected price movements.