This APP call was sold just a day before (Wednesday) the share price gapped up over 7% is the next 2 trading day. In usual thine this tidy profit would call for a small celebration, unfortunately the call was bought as a hedge against a short call that's in a losing position with much bigger deficits.
With new trade tensions arising from the Trump's administration with the European countries we may see a lot more volatility until this Greenland matter is resolved. Trump has turned US from a Big Brother into a Big Bully. Offering Peace Deal at a price like Gangster seeking protection money.
Anyway let's see how the market is gonna react to the upcoming saga.
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- henshengqi·01-19 17:03Trade tensions always shake things up, eh? Hedge wisely! [吃瓜]LikeReport