Long China via FXI (iShares China Large-Cap ETF)
- A better US-China relationship under Biden?
- Despite the setback from the Ant IPO debacle, China is opening up its capital markets to foreign investors (link)
- Post-Covid recovery appears sustainable buoyed by huge domestic consumption economy
Trading / Investing Strategy
- IV rank is low at 18. Debit call strategy at 43/45 with DTE about 59 days. Anticipate year end window dressing bullish seasonality factor.
Disclaimer: This is not an investment / trading advice or endorsement. Please refer to the general disclaimer of this blog.