Direxion FTSE China Bear 3X

Chinese tech has been given a coffee by Alibaba and Xiaomi, valuation for HST is relatively low and would be good to add. Had added spare USD to FXI ETF. Monitoring Xiaomi to see if I can get back the money I spent to get a Xiaomi power bank with CCC mark for airplane carriage in and out of China.

$Direxion FTSE China Bear 3X(YANG.US) How much more can it fall?

$Direxion FTSE China Bear 3X(YANG.US) Last week, the sell call of YANG was exercised. This week, holding the short position of the underlying stock as a hedge, and also sold the call of YINN, and sold the put of YANG. In terms of quantity, if there is a big rise, YANG will be closed out, and the short position of YINN will be held. But considering there are also Chinese concept stocks, and the short position of YINN itself has time decay, plus the money made from YANG can be used as margin, the risk can be controlled in case of a big rise.

So the fact that the Defense Department is getting a GIFT, FREE OF CHARGE, of a 747 aircraft to replace the 40 year old Air Force One, temporarily, in a very public and transparent transaction, so bothers the Crooked Democrats that they insist we pay, TOP DOLLAR, for the plane. Anybody can do that! The Dems are World Class Losers!!! MAGA

So funny to watch old timer Martha Raditz on ABC Fake News (the Slopadopolus show!) this morning, blurt out that, effectively, Pope Leo’s selection had nothing to do with Donald Trump. It came out of nowhere, but it was on her Trump Deranged Mind. Remember, I did WIN the Catholic Vote, by a lot! Bob Iger should do something about the losers and haters he’s got on his low rated shows. It’s time for change. MAGA!!!