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Barchart
Barchart
Josh Enomoto

It’s Time to Call an Audible on Hasbro’s (HAS) Unusual Options Activity

Elite quarterbacks are renowned for their instinct and making adjustments as the game evolves. In many ways, options trading follows the same dynamics. Even though the fundamentals may point to one outlook, it's important to adapt to unusual technical dynamics. That may be the case with popular toy manufacturer Hasbro (HAS).

On the surface, HAS stock appears to have it made, at least for the bulls. Currently, the Barchart Technical Opinion indicator rates Hasbro as a 100% Buy. It doesn’t get better than that. Since the beginning of the year, shares gained almost 40% of equity value. In the trailing month, HAS moved up over 5%, continuing its run of good form.

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