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home / news releases / PROSF - Putin Invades: Short Renault

PROSF - Putin Invades: Short Renault

Prosus NV - Class N
  • I was looking for some good hedges against an Ukraine-Russia conflict, however, it's not easy to find good candidates.
  • By accident, I remembered that Renault actually sells about 20% of its cars in Russia.
  • If Russia and Europe start imposing sanctions on each other because of a Ukrainian invasion, Renault might become the biggest victim.
  • Renault also has the weakest fundamentals of all the European carmakers and is going through a heavy restructuring.
  • Buying put options on Renault might be the best way to hedge your portfolio.

For further details see:

Putin Invades: Short Renault
Stock Information
Company Name: Prosus NV - Class N
Stock Symbol: PROSF
Market: OTC
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