Taking Advantage of Archegos liquidation

OutofCBD
2021-03-29

By now, you should have heard about the massive liquidation and block trade happeningon Friday. So how can we take advantage ofthis?

I think the initial opening will be interesting. There are likely many people who going to jump right in to buy the liquidated stocks as they believe in the story of no fundamental wrong with the company. I do think that this is a chance to make money, but is too risky to go in right at the start.

My strategy is to pay attention to the counters that are likely by them:

The above are the counter own bank for all its client, not just Archegos. But you can see the pattern from those counter in the bank holding. If having a large enough position to affect the market, it likely belong to one of the above.

I won’t suggest to jump right in if you are trading. Wait for sign of reversal first. 

If you are going to hold for long term, then this is surely a good chance to add into your portfolio. For me, I will be looking closely on$Tencent Music(TME)$and $Baidu(BIDU)$

What’s about you ?

Screenshot Source: https://www.unhedged.com/exchange/60613c8d940e6d001f755948/

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

  • AlanGoh
    2021-03-31
    AlanGoh
    Make perfect sense. What price would u guys likely feel is right to go in to buy?
  • abelxie
    2021-03-30
    abelxie
    一面是道指创新高,一面是疯狂打折中、该担心大环境向下
  • simons的期权实验室
    2021-03-30
    simons的期权实验室
    sell the vol.
  • 让人蛋疼
    2021-03-30
    让人蛋疼
    好厉害
  • 辰熙辰鹤
    2021-03-30
    辰熙辰鹤
    撸撸
  • 烦你的很
    2021-03-30
    烦你的很
    撸撸
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