GM is going to move big one way or the other on Mexico. I bought puts this morning, but this would be a good spot for a straddle. I might hedge at the end of the day and buy some calls.
The other obvious Mexico play is EWW.
The other obvious Mexico play is EWW.
Comentário:
Decided to flip half my position to lock in profits, playing with house money now. Puts only.
Trade fechado manualmente:
Flipped the rest of the puts on the gap fade this morning. Obviously I lost a lot of my profits, but oh well.