China on Sale Again

This last Saturday China met regarding their economic health. They didn't issue anything clear but they're open to more stimulus. They've dipped their toes a few weeks ago. Whose to say they won't jump into the deep end of the pool soon? I believe China stocks are on sale.

My position: calls for 10/18

SOURCES:

https://www.reuters.com/world/china/china-says-will-significantly-increase-debt-revive-economic-growth-2024-10-12/

https://apnews.com/article/china-finance-minister-economy-stimulus-96aaf75fe6d75c8550f866783f70b10a#

https://www.nytimes.com/2024/10/11/business/china-economy-finance-minister.html

https://www.nbcnews.com/news/world/chinas-economic-woes-give-markets-week-forget-public-little-cause-opti-rcna174466

EDIT: Position is calls on TIGR at 13 and NIO at 7, both expiration on 10/18.



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