MichaldeW

Aegon short

Short
EURONEXT:AGN   AEGON
We are currently seeing higher lows and comperable highs with the RSI moving towards overbought, around the 5.4 i expect there to be a short term pullback.Mid to long term still seems good, as aegon is undervalued (shown by their P/E ratio ) in relationship to other parties in the same industry and the positive MA ribbon. As such my proposition is to hold long and buy short turbo/put options to cover short term movements.

For the exit strategy of the short position a filter rule should be applied. If the movement doesnt complete within 7 days of buying the short/put or if aegon breaks throught the next resistance level for more then circa 2 days the short should be sold.

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out