I closed
$FXI 20250124 29.5 PUT$ ,
I sold a cash-secured put option on FXI stock at an exercise price of $29.50, a short-term support level, as U.S.-listed Chinese stocks rise amid President Trump’s decision to delay China tariffs and TikTok ban enforcement. The option expired worthless, allowing me to pocket the full premium. This position capitalized on market uncertainty and offered solid returns with minimal risk, benefiting from geopolitical developments impacting Chinese stocks.
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