«Although it's stepping away from the position Jalna has held since 2015 — of consistency in its support across all religious certification — we feel that the public response has warranted reconsideration of
this position as an interim measure, whilst we await the full outcome of the Senate Inquiry into transparent religious certification practices and management,» the statement said.
In a richly valued market, that sort of risk control is most appropriately established using call options having a strike price situated at about the point where various trend - following
measures would turn negative — what is known in finance
as a «contingent
position» because the
position creates its own exit if the market deteriorates further without an
interim recovery - and particularly if it deteriorates abruptly.