Assurant Inc., listed on the NYSE as AIZ, is a provider of risk management and insurance solutions. Its operations span over 20 countries, serving the housing and lifestyle markets with products like mobile device protection and renters insurance.

The stock has maintained a bullish trajectory since March 2020, breaking key resistance levels and opening new buying opportunities. The bullish cycle began in 2008 with a low of $12.52, and by February 2020, an impulse wave (I) had driven the price to $146.21.

Following a pullback to $76.26 in March 2020, wave (III) is anticipated to extend to $287–$417. Between March 2020 and April 2022, an impulse completed as wave I of (III) with a subsequent pullback ending in March 2023.

Since then, a new cycle has emerged, pushing the price to new highs. The price corrected wave 1 in wave 2 with a pullback, attracting buyers at the blue box zone of 221.7–216.26.

Looking forward, traders are advised to remain vigilant for potential paths as price could complete a wave 3 advance or undergo a deeper wave 2 pullback. The bullish sequence remains strong, continuing to attract buyers from strategic zones.

The bullish trend in Assurant (AIZ) that began back in March 2020 remains firmly in place. Following the breakout in November 2025, the path is now clearer for a potential move toward the $250 price target. We see the current structure as a series of nested advances, which presents clear opportunities for buying into any weakness.

This technical outlook is strengthened by recent market activity. Since dipping into the $216-$222 “blue box” area in late November, the stock has shown resilience, holding above the critical October 29 low. Looking at the options market for the January 2026 expiration, we have seen a notable uptick in call buying volume, suggesting traders are positioning for further upside in the first quarter.

The move is also supported by improving fundamentals, as Assurant’s Q3 2025 earnings report showed continued strength in its mobile device protection and renters insurance segments. This performance beat analyst expectations and led to several price target upgrades. Historically, AIZ has performed well after such earnings beats, with an average gain of 6% in the following quarter over the last three years.

For derivative traders, this means any dip should be viewed as a chance to initiate bullish positions. Selling cash-secured puts with strike prices near recent support levels, like $220, could be an effective strategy to collect premium while defining a clear entry point. Alternatively, buying call debit spreads can offer a risk-defined way to profit from the expected climb toward $250.

As the stock continues its advance, we should manage our positions actively. The recent bounce from the blue box zone to above $225 already provided a chance to take partial profits and adjust stop-loss orders to breakeven. As we approach the $250 target, scaling out of long call positions or rolling put spreads up and out will be prudent to lock in gains.