It Might Be Time This China ETF Again


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


The Deutsche X-trackers Harvest CSI 300 China A-Shares ETF (NYSE: ASHR), the largest exchange traded fund trading in New York that tracks equities trading on mainland China, posted a modest November gain. However, ASHR is lower by more than three percent over the past week and the actions of some traders indicate they are preparing more downside in A-shares.

 

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Struggles for ETFs such as ASHR and the Market Vectors ChinaAMC A-Share ETF (NYSE: PEK) would bring good tidings for the Direxion Daily CSI 300 China A Share Bear 1X Shares (NYSE: CHAD). CHAD, which is designed to deliver the daily inverse performance of the CSI 300 Index on a percentage-for-percentage basis

 

 


Want Private Access to Benzinga Analyst?

Check out the latest strategies our team of experts are using every week so that you can always adapt to the market like the pros!—Get FULL Access to This Week's Webinar Here.


 

 


 

 


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: Long IdeasNewsShort IdeasEmerging MarketsSpecialty ETFsEmerging Market ETFsIntraday UpdateMarketsTrading IdeasETFs