I opened $BABA VERTICAL 250228 PUT 79.0/PUT 84.0$ ,Riding the trend for BABA. Placing a put spread to minimise risk while earning some premium as we head into Chinese New Year holidays.
I opened $KO VERTICAL 250117 PUT 57.5/PUT 60.0$ ,Opening a bull put spread to test out a strategy. long term would like to keep the stock. short term this stock is trending down
I opened $KO VERTICAL 241220 PUT 58.0/PUT 60.0$ ,Created a bull put spread for consumer stock KO. This is a diversification entry play to test out. Will monitor the legs to decide if I want to hold the stock for long. This counter is resilient though.
I opened $FXI VERTICAL 241231 PUT 29.5/PUT 28.5$ ,FXI managed to pull through last week. Continue with bull put spread For China play and to wait till it stabilised. will monitor the spread and close if required