GM is going to move big one way or the other on Mexico. I bought puts this morning, but this would be a good spot for a straddle. I might hedge at the end of the day and buy some calls.
The other obvious Mexico play is EWW.
The other obvious Mexico play is EWW.
Note
Decided to flip half my position to lock in profits, playing with house money now. Puts only.Trade closed manually
Flipped the rest of the puts on the gap fade this morning. Obviously I lost a lot of my profits, but oh well.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.