ZoomInfo ZI Stock & Option Trade Ideas

Based on the technical data for ZI:

• The MACD (Moving Average Convergence Divergence) crossed below the Signal Line, indicating a bearish signal.
• The RSI (Relative Strength Index) has been fluctuating, but currently indicates a neutral sentiment.
• The Bollinger Bands are narrowing, suggesting a potential upcoming period of low volatility followed by a breakout.

Potential Trading Strategies for ZI:

• Bearish Stock Trade: Consider short-selling ZI as the MACD signal is bearish. Monitor the RSI to identify the optimal entry point.
• Bullish Option Trade: With the Bollinger Bands narrowing, a long straddle or strangle options strategy could be profitable if there is a significant breakout in either direction. This strategy involves buying both a call and a put option with the same expiration date.