Option moves suggest China stocks will rebound
As the tide turns, it is the turn of emerging markets to rebound, and the dollar is expected to start turning around.
Emerging Markets is literally Emerging Markets $iShares MSCI Emerging Markets ETF(EEM)$ . The etf's holdings include listed companies in emerging markets such as China, India, South Korea and Brazil.
From an investment point of view, the stock is a little awkward, because usually these countries do not move in the same direction. There are also more segmented ETFs on the market, so the investor wouldn't think to trade them in the first place.
But options trading on this etf is very active, and I don't know what the institutions are thinking, but someone bought the super long call straddle yesterday:
Then there's a huge up or down. Considering that Japan and India have been rising for a long time, the source of this amplitude is the Chinese concept stock...
Sure enough, KWEB has a call order:
Yesterday, $Unity Software Inc.(U)$ started to rise, but as shown in the chart, this option transaction is more difficult to explain and does not have any reference value.
I don't know if it's the same guy, but it looks similar. As is shown in the picture, he first buys and then sells and then continues to buy. I have checked the order direction of 13:46, and the transaction price is biased towards the ask price, so it should not be the sell indicated in the figure.
To restore the psychology of the trader, it is to see the stock price rose to buy a call, wait for a long time to find that the call of that time period did not rise and decided to sell, and found that the stock price continued to soar in the middle of the night, so buy again….
On the semiconductor side, MRVL continues sideways:
Someone is selling calls on MRVL. The exercise price selects the highest stock price in the last year, and it is indeed difficult to break through.
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