I opened
$KWEB 20250131 31.5 CALL$ ,
I sold a covered call option on KWEB stock at an exercise price of $31.50, aligning with the short-term resistance level. With the potential for gradually-implemented US tariffs, investor sentiment on China is improving. The tariffs, aimed at easing inflation concerns, may reduce Treasury yields, giving the Fed room to lower rates. Positive market reactions to the news could support KWEB, with upcoming US inflation data adding further clarity to the Fed's path.
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