$Direxion Daily FTSE China Bear 3X Shares(YANG)$ Nice roll. I’m thinking of going hard into YANG (China stock bear 3x lever ETF) depending on where the price moves. I already have a bunch of 3.5 calls expiring next week, and I’m hoping to see those move into the green. If we continue to see weakness in China, this could be a solid play for a reversal, especially with the doubts surrounding the stimulus. Keeping a close watch on the action here—might be time to double down.
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