Reported 2 days ago
Traders investing in bullish options for small, leveraged China ETFs have seen over $130 million in paper gains as Chinese stocks surged following signals of stronger economic support from Beijing. Notable trades included significant purchases of options in Direxion Daily FTSE China Bull 3x Shares (YINN) and Direxion Daily CSI 300 China A Shares Bull 2x Shares (CHAU), indicating a speculative bet on extended stimulus efforts into 2025. With Chinese economic policies shifting, investors are anticipating further fiscal support announcements, heightening optimism towards Chinese assets.
Source: YAHOO