Gain an advantage by learning support and resistance levels of annuities you’re interested in. At what level does most buying price action occur? selling? Is it a Sideways channel? If so, at what price determines top of channel and bottom of channel? What are the historical long-term supports (week, month, year)?
What is the overall trend line the stock is currently operating in , and where is it located?
$Apple (AAPL.US)$  $Microsoft (MSFT.US)$

$Apple (AAPL.US)$ 👍

$SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $Apple (AAPL.US)$ $ProShares Ultra VIX Short-Term Futures ETF (UVXY.US)$
Proves better to buy the dip & sell the rip, active management will trump passive management. 
Hedging is one of the worst disciplines one can engage. Sunk cost is sunk cost. Recursive logic given end game results is why hedging is just an awful practice. 

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$Apple (AAPL.US)$ as before