Healthcare sector ASX rally soon as cyclical out of risk - on
As there has been quite a strong bullish move in the past month in the general
market in risk-on assets such as financials, as a defensive move Funds may cycle
out of these back into more defensive stocks through June into end of year reporting
to lock in profits.
Anticipating this move, I will trade a for a bullish move in Healthcare over 4 weeks
using options on the largest ASX stocks in sector such as COH / RHC - put / call interstock spread.
The usual set up is :
6 weeks expiry
COH bear debit spread a slightly out of money (hedge leg)
RHC strike calls 1 strike out-of-money
skewed bias Bull : COH 33% DELTA short / RHC 66% delta long
Happy to discuss
market in risk-on assets such as financials, as a defensive move Funds may cycle
out of these back into more defensive stocks through June into end of year reporting
to lock in profits.
Anticipating this move, I will trade a for a bullish move in Healthcare over 4 weeks
using options on the largest ASX stocks in sector such as COH / RHC - put / call interstock spread.
The usual set up is :
6 weeks expiry
COH bear debit spread a slightly out of money (hedge leg)
RHC strike calls 1 strike out-of-money
skewed bias Bull : COH 33% DELTA short / RHC 66% delta long
Happy to discuss
Note
Note
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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.
Disclaimer
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.