How to Play a Chinese Rebound

Some say that it's time to position for a rebound in the American depositary receipts of Chinese companies like Alibaba (ticker: BABA) or internet play Sina (SINA), which have slid over the past month, as earnings approach. A ratio of bearish put options versus bullish call options is also belo...

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Bibliographic Details
Published in:Barron's 2018-07, Vol.98 (29), p.M9-M9
Main Author: Banerji, Gunjan
Format: Article
Language:English
Subjects:
Dow Jones averages
Earnings per share
Investments
Profits
Put & call options
Tariffs
Trump, Donald J
Online Access:Get full text
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Summary:Some say that it's time to position for a rebound in the American depositary receipts of Chinese companies like Alibaba (ticker: BABA) or internet play Sina (SINA), which have slid over the past month, as earnings approach. A ratio of bearish put options versus bullish call options is also below average, according to Trade Alert. If they rise above that, investors could purchase the shares at $90, the strike price, and sell them at their current trading level, pocketing the profit-or hold on to them for the long term.
ISSN:1077-8039