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China ADR Stocks Make Me Sweat — But These Calls May Be Worth a Look

by | Aug 14, 2023

Monday is not my favorite day to trade as we again saw the market pop and drop after the open, and then try to rally through the day. 

The big dogs have all reported this earnings season, so we’re mostly back to watching unusual options flow… And we saw a couple of high-risk, high-reward tickers hit the tape Monday…

These stocks make me nervous, so of course I’m talking about China ADRs.

What’s an ADR? 

It’s a dollar-denominated certificate that trades on American exchanges, tracking the price of a foreign company’s domestic shares. And these things can make wild moves.

I’ve been burned by China ADRs too many times in the past, so do I trust them?


Will I trade them? Maybe…

We saw a little over six figures in Futu Holdings calls, which is allegedly “the Netflix of China.” When I hear “XXX is the (blank) of China,” I just sort of roll my eyes at this point. 

But iQIYI, which also operates a popular streaming platform in China, is also seeing calls for the same expiration date, Aug. 25, and it’s a little over six figures in premium, so these might be worth a look. 

That and more in today’s video up top!

Monday’s Top Order Flow: 

  • NRG Energy Inc. (NYSE: NRG): December $39 CALL. 
  • Futu Holdings Ltd (Nasdaq: FUTU): Aug. 25, $52 CALL. 
  • iQIYI Inc. (Nasdaq: IQ): Aug. 25, $4 CALL.
  • And more!

Note: If no date is listed after the month, it’s the monthly expiration (third Friday). 

*This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. 

P.S. This Could be the Missing Piece to Your Trading Toolkit

I recently shared the details of my newest project and how I’ve been “flipping” Wall Street’s biggest transactions into extra cash.

It’s caused a lot of veteran traders to sit up and take note…

Including Jeffry Turnmire, a 20-plus-year trading veteran and options chain analyst — this guy’s a genius, a pro’s pro.

He asked me if I would share my findings with him… and I agreed.

So here’s what we’re doing…

At 4 p.m. ET on Wednesday, Aug. 16, I’m sitting down with Jeffry to show him all of the details behind my newest project.

You can join us for this free presentation by clicking here.

In the meantime, here are some of the best results.

With Warner Bros… $625 — in a day!

With Alibaba… $1,011 — in a day!

And with Google… $1,231 — in a day!

More importantly, my new project addresses one of the missing ingredients in today’s markets.

Granted, no one can guarantee future performance or against losses, but this strategy opened up a new door for regular folks to target extra cash by “flipping” some of Wall Street’s biggest transactions.

That’s why I’ve agreed to sit down with Jeffry this coming Wednesday, Aug. 16, at 4pm ET to go over all of the details behind these “quick flips”

Go Here if You’d Like to See It for Yourself!

From 5/19/22 through 7/8/23 on closed trade signals, the average win rate is 73.3%. The average return per position (winners and losers) is 9.6% and over a 33.98%.average winner with a 7 day average hold time. Past results are no guarantee of future results and you can lose money.

WRITTEN BY<br>Lance Ippolito

Lance Ippolito

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