Bearish Option Trade On 3M Stock Could Return $800 In 6 Weeks
The market has had a great run in recent months and for those with a lot of bullish exposure, adding bearish option trades can be a good way to hedge some of that exposure. 3M Company was down over 2% Tuesday and closed near the low of the day so could be a nice bearish-trade candidate. 3M stock is still 6 points above the 200-day moving average.