(News Bulletin 247) – S&P 500 will today be the underlying of our advice on derivative products for the most active investors.

The tool selected is the Put 965ZS warrant issued by SOCIETE GENERALE, with an exercise price of 4000 points and a short expiry date of 06/16/2023. The leverage is close to 10.

KEY GRAPHIC ELEMENTS

Between two clearly defined limits on August 16 (4,332 points) and October 13 (3,500 points), the general index of Wall Street alternates phases of increase, in volumes which become rapidly decreasing, and declines, in the form sharp reflux. The imminent break of the 50-day moving average (in orange) would confirm a movement of this type, which began yesterday with a close at the session lows.

FORECAST

In this context, the most active investors will bet on this bearish scenario by positioning themselves on the Put warrant, issued by SOCIETE GENERALE and with the mnemonic code 965ZS, on S&P 500, at €1,570.

They will take their profits when the underlying reaches 3809,000 points or limit their losses by selling the warrant if the 4091,000 points are crossed.

The News Bulletin 247 board

WARRANT
Purchase at 1.57 € PUT
Objective :
3809.000 €
Stop:
4091.000 €
Mnemo:
965ZS
Transmitter :
Societe Generale
Strike:
4000.00 €
Due date :
06/16/2023

CHART IN DAILY DATA

Graphic made from the software Prorealtime



function creatOutbrainJs() {
const creatJs = document.createElement(“script”);
creatJs.defer = true;
creatJs.src = “https://widgets.outbrain.com/outbrain.js”;
return document.body.appendChild(creatJs);
}

window.didomiOnReady = window.didomiOnReady || [];

window.didomiOnReady.push(function(Didomi) {
console.log(“Didomi ready “);

Didomi.getObservableOnUserConsentStatusForVendor(164)
.filter(function (status) { return status !== undefined })
.subscribe(function(consentStatus) {
if (consentStatus === false || consentStatus === true) {
console.log(“Didomi consent -> exécution du script outbrain “, consentStatus);
creatOutbrainJs()
}
});

});