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看涨押注激增!交易员狂买5500万美元沪深300ETF做多期权

Call bets surge! Traders are frantically buying 55 million dollars worth of 300etf long options.

wallstreetcn ·  Dec 2, 2024 19:25

Manufacturing PMI data improving boosts market confidence, on Monday a trader invested around 55 million US dollars to buy double leverage ETF options tracking the csi 300 index, which usually has light trading volume, with only a few hundred to a few thousand shares traded in a day, but the trading volume has increased significantly since early October.

Positive economic data from china boosts market confidence, attracting attention from wall street traders with large call options trading.

This Monday, traders spent approximately 55 million dollars to buy call options on a leveraged etf tracking china's benchmark stock index, continuing the unusual bid observed last Friday.

Specifically, over 200,000 Direxion Daily CSI 300 China A Share Bull 2X Shares (CHAU) call options were purchased on Monday, allowing holders to buy 20 million shares of the etf at a price of 15 dollars per share anytime before mid-May. Based on an average price of about 2.64 dollars per share, the total amount exceeds 55 million dollars.

Last Friday, over 98,000 call options expiring in January 2026 with a strike price of 27 dollars were traded on Direxion Daily 3X Bull FTSE China ETF (YINN), and another 38,000 were bought on Monday.

In the usa market, CHAU is flat at 15.48 dollars. The options for this etf are normally thinly traded, with daily volume only ranging from a few hundred to a few thousand. However, since early October, trading volume has significantly increased, notably occurring after record outflows from china stocks etf in November.

Aside from CHAU, investors also made significant purchases on a more leveraged etf. Last Friday, call options on Direxion Daily FTSE China Bull 3X Shares with expiration in January 2026 and a strike price of 27 dollars exceeded 98,000 contracts, and another 38,000 were traded on Monday.

It is worth mentioning that both A shares and hong kong stocks rose on Monday, with the latest data showing improvements in manufacturing activity, indicating that the economy may stabilize further since peking began its stimulus program in September. These positive economic indicators have strengthened investor confidence in china's stock market.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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