OptionsPlay DailyPlay

The DailyPlay we chose for Monday April 6th is Mattel, Inc. (MAT). MAT is in the Consumer Discretionary sector (XLY) which has experienced a 1.55% move lower over the last month.

MAT’s 1-month and 6-month trends remain strongly bearish as it approaches its 52-week low at $22.32. Mattel, Inc. is showing negative momentum as it looks positioned to continue lower.

View this trade on $MAT