Drawing conclusions from historical data, the stock is expected to move in two directions. They could be, a downward movement at 60-75 % angle or an upward movement at 64-85% angle. This shows that the probability of moving either direction is quite similar, around 50%. Based on this information. The best strategy would be to hedge against loss using options.
For a potential trader
1. Buy one call option to acquire stock when price hits a lower price.
For a holding trader
1. Buy a put option to sell stock when price hits a lower price.
2. Buy a put option to sell stock when price hits a higher price.
For a potential trader
1. Buy one call option to acquire stock when price hits a lower price.
For a holding trader
1. Buy a put option to sell stock when price hits a lower price.
2. Buy a put option to sell stock when price hits a higher price.
As for the traders, this came in handy if options strategy was used