(News Bulletin 247) – REMY COINTREAU will today be the underlying of our advice on derivatives for the most active investors.
The tool selected is the Put 9M72S warrant issued by SOCIETE GENERALE, with an exercise price of €165 and a short expiry date of 09/15/2023. The leverage is close to 5.
KEY GRAPHIC ELEMENTS
Beneath a resistance zone (179 euros), the action traced an unattractive chartist pattern in January, the structure of which annihilated the good dispositions seen on 11 and 12 January. The decreasing high points follow one another since August 26, defining a downward trend in the sense of the Dow. In the immediate future, the action is at the end of a bevel, in timid and decreasing volumes.
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 ticker code 9M72S, on REMY COINTREAU, at €0.720.
They will take their profits when the underlying reaches €157,000 or limit their losses by selling the warrant if the €175,300 is crossed.
The News Bulletin 247 board
CHART IN DAILY DATA
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