I opened
$FXI 20250131 30.5 PUT$ ,
I sold a cash-secured put on FXI stock at $30.50, aligning with the short-term support level. U.S.-listed Chinese companies are gaining momentum as President Trump delays China tariffs and postpones TikTok's ban enforcement. This positive shift signals potential growth for FXI. If the stock remains above $30.50, I could consider a covered call to capitalize on this rebound. The geopolitical developments may further support this strategy, especially if Trump’s actions stabilize Chinese markets.
Modified in.01-26
Trade Feed: Who is your favorite star traders?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments