IB have a fx swap program but you have to make a minimum bet of 10MM to enroll in it.
https://ibkr.info/article/2815
Hong Kong Dollar About To Pop ?
- Thread starter Stockolio
- Start date
IB have a fx swap program but you have to make a minimum bet of 10MM to enroll in it.
https://ibkr.info/article/2815
primarily trade single-name equity options, so no interest nor appetite in taking a $10mn notional fx position.
Then long calls on HK listed local real estate, property companies.
just shut up.
2.5% is fairly cheap for something that can go multiples of that if the peg breaks.
Why? If you bought right after 1997 handover, right after dot com crash in 2003, right after financial melt down in 2009, you would have done very well.
just realised the ignore function is rather useful in filtering out complete idiots
https://www.reuters.com/article/us-...irms-that-need-chinese-approval-idUSKCN1VD2CI
I lost $100k on the QCOM/NXPI deal and now the NVDA/MLNX deal is just too similar (NVDA-Huawai compete on AI chips). I see MLNX trade around 70-90 standalone and while the spread looks rich, it looks like china will sit it out and nvda keep extending the offer, with the stock trading right between the standalone price and offer price, the 50/50% assigned probability looks a little too high in this environment. Wait for more colour until Dec, if deadlocked, look to pick up NVDA below 160 for its likely special dividends or buybacks, or MLNX below $100 for a longshot closing or value-long.
I lost $100k on the QCOM/NXPI deal and now the NVDA/MLNX deal is just too similar (NVDA-Huawai compete on AI chips). I see MLNX trade around 70-90 standalone and while the spread looks rich, it looks like china will sit it out and nvda keep extending the offer, with the stock trading right between the standalone price and offer price, the 50/50% assigned probability looks a little too high in this environment. Wait for more colour until Dec, if deadlocked, look to pick up NVDA below 160 for its likely special dividends or buybacks, or MLNX below $100 for a longshot closing or value-long.