S&P 500 Turbo Put Offer at 4.5 EUR (+50%)
Analysis: The S&P 500 index is almost flat. It sits near the low point for November. This spot could cause a short bounce up to about 6,754 points before the index may drop again toward a second target around 6,344 points.
Product choice: The Vontobel Turbo BEST PUT on the S&P 500 (code PQ71V, ISIN DE000VH2SUP9) costs €4.51 and already shows a 50% profit. You can keep part of the position to aim for the next support level at 6,344 points.
We will watch this trade and update you when we think it should be sold. The plan is only a guide and can change with market conditions.
Legal note: Future performance numbers are only predictions and do not guarantee actual results.
Key Levels
| Support 1 | 6,522 |
|---|---|
| Support 2 | 6,344 |
| Resistance 1 | 6,754.3 |
| Resistance 2 | 7,002 |
| Target | 6,344 |
| Invalidation | 7,002 |
| Short‑term view | Negative |
| Long‑term view | Neutral |
Tags:
Technical Analysis