Interesting. Seems FXI had a recall in September. The best time to short them would have been before that.
But you made me look and a fund that holds FXI is having problems....
https://www.ishares.com/us/products/239536/ishares-china-largecap-etf
Their overall trend across the year is downward -6.47% so far.
True, they’ve been down, but if you’re right they’re going way lower, so there’s still time to make a killing by buying puts. :)
This is where the strength of one’s conviction is tested. It’s as strong as the amount of money you’re willing to “invest” in it.
So how much are you going to ante up? 🙂