After reversing course on retaliatory tariffs, China’s announcement sent stocks diving on Monday. We are taking this opportunity to reduce exposure going into heightened geopolitical risks over the next few weeks.
Closing Trades
- NKTR – 9% Gain: Long Jun 21 30/39 Call Verticals @ $3.55
- SCHW – 39% Loss: Long Jun 21 45/50 Call Verticals @ $1.00
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