Sell Bouygues turbo calls | Photo credits: JPstock / Shutterstock.com
As part of our section dedicated to derivatives, we take stock this Tuesday of turbo calls without code expiry 27SLCbacked by Bouygues shares.
Recommended for purchase on December 3, they lost 70%. The abandonment of the marriage between TF1 and M6 announced this Friday evening reduces visibility on the title, as does a probable entry into recession on the performance of activity in the construction industry.
The knock-out barrier of 27.39 euros is only 3% further from the current level of the action. It is better to recover the balance of the position than to take the risk of losing everything.
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