I closed $KraneShares CSI China Internet ETF(KWEB)$  ,Sold this covered call just couple of days before China announces injecting stimulants into the market. The underlying share shot pass this $30 strike like a bulldozer over an egg. 🙄. Have been holding these KWEB share over 1.5 years, with only - maybe about 2-3 times that the share price went above $30 briefly… and all also because the Chinese Authorities injected stimulus into the economy. Not sure how sustainable the rally this time round was gonna be, decided - done holding these shares of KWEB, thus does nothing but just let them called away. This lot breaking even, but have collected a little cover call premiums along the journey of bag holding this…
KWEB
10-19 14:27
USKraneShares CSI China Internet ETF
SidePriceRealized P&L
Sell
Close
30.00-0.03%
Closed
KraneShares CSI China Internet ETF
# Trade Feed: Who is your favorite star traders?

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet