Unusual Options Activity In CSI 300 China A ETF, ASHR – Part 2

If you though the first quarter for the US equity markets were smoking, have must of not paid any attention to China’s Shanghai stock market, which has surged almost 30% 2019 and is the best performer of major markets globally.


Recently, the Caixin/Markit Manufacturing Purchasing Managers’ Index (PMI) rose to an eight-month high of 50.8 in March, beating the 49.9 forecast.


Beijing has taken steps to support the economy to combat slowing growth and counteract the US-China trade ware through billions of dollars in planned tax cuts and infrastructure spending…and it might be working.

New orders climbed to their highest level in four months, while the index for new export orders returned to expansionary territory, “showing that both domestic and external demand rebounded moderately,” wrote Zhengsheng Zhong, director of macroeconomic analysis at CEBM Group, a subsidiary of Caixin.


Additionally, there is talk out there saying the US and China is making progress in their discussions / negotiations surrounding trade tariffs.

One month ago, I talked about how the Smart Money bought over 15,000 July call options with a strike price of $31.51.

Unusual Options Activity In CSI 300 China A ETF, ASHR

Yesterday, the Smart Money stepped in and bought over 35,000 of the April 12th call options with a strike price of $30.50 that expire next week.

This would represent a 3% move in the stock price, but the options would go up almost 100%.

This post is my personal opinion. I’m not a financial advisor, this isn’t financial advise. Do your own research before making investment decisions.

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