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CICHF - FXI: A U.S.-China Trade Deal May Be Near Based On Options Betting
China Construction Bank Corp
Some investors are making a big bet that the US and China come to a significant agreement this weekend at the G20 summit, or at the very least, the market will interpret the results as positive. The options market is showing some bigs being laid out in the iShares Trust China Large-Cap ETF (FXI). That is not all because the technical charts are suggesting bullish momentum is entering the ETF and that the price will rise.
I have not written on this ETF in the past. But you can track all of the