BULLISH CHINA UOA IN KWEB AND ASHR

Let’s keep it simple this week: This UOA just kicked off, it’s in two Chinese ETF’s, and it’s the same trader making both trades, two minutes apart.

With US, European, and even Australian investors worried about the actions of their central banks, Asian markets aren’t fretting. China (and Japan) have both been consistently easing their monetary policy, and it’s giving a boost to their respective stock markets. We love options like the ones above because they’re cheap, OTM, and still reasonable. All the way out in July (the 21st, to be specific), these options have plenty of time to come to fruition.

Additionally, this week both ETF’s have seen some momentum.

As always, two rules to live by:

• Try not to use more than 1% of your portfolio on a single trade.
• If the option doubles in value, consider taking profit, or rolling.
• If the option gets cut in half, consider exiting the trade with the remainder of your option’s value.

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Want more trades like these every week? Of course you do! Try a month of UOA below.