I think the play for the end of the day tomorrow is a straddle on anything affected by a China deal. Who knows if it'll be good or bad, so straddle might be the best play. The cheap options candidate is retail ETF XRT, though we'll probably see more movement in chip stocks or AAPL.
Buy at the end of the day, worst case you lose one night of premium....
Comments appreciated.
Buy at the end of the day, worst case you lose one night of premium....
Comments appreciated.
Note
So I decided to go long on one stock (SFIX) and short on a different stock (FC).Going into this weekend, it'll be a good thing to hedge your bets by having short and long positions.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.