Assurant Inc. operates around the world, offering risk management and insurance solutions in housing and lifestyle markets. The company is known for products such as mobile device protection and vehicle service contracts, and it operates in over 20 countries. Its growth journey started in 2008 at $12.52, with several price peaks and corrections since then. Elliott Wave analysis indicates that wave (III) is currently in progress, with potential targets between $287 and $417. Recently, there was a 7-swing pullback that completed wave ((2)), leading to a new rally. This extended wave ((3)) could target the range of $330 to $380. In December 2025, a recommendation was made to go long from the blue box, predicting a target of $262 for wave 3. After this point, the price rallied strongly, possibly extending beyond $260. As the bullish trend continues, traders should look for pullback opportunities to buy, using detailed trend analysis across different instruments. Given the strong rally since early December, we believe the immediate pursuit of upside is over. The initial trade from the blue box has already generated a 10% profit, so securing partial profits was a wise decision. Pursuing the current extension could add unnecessary risk. The stock’s momentum is supported by fundamentals, as shown in Assurant’s fourth-quarter 2025 earnings report, which highlighted strength in the Global Housing segment. U.S. housing starts increased by 1.9% in November 2025, building confidence in this important market. This economic stability backs the ongoing bullish price movement. Our next opportunity requires patience, not aggression. We are monitoring the completion of this upward wave, which might occur after one final rise. After reaching that peak, a corrective pullback should provide a better entry point for new long positions. For derivative traders, this expected dip is an excellent chance to buy call options or create bullish call spreads for the first or second quarter of 2026. With the VIX around 13 this holiday week, option prices are reasonable for positioning before the next wave up. Use the price targets of $330 to $380 as a guide for choosing strike prices. This short-term strategy aligns with a larger bullish trend that has been developing for years. We view the current movement as part of a major wave that began after the March 2020 lows, built upon the foundation set during the financial crisis in 2008.

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