Savvy Trades and Investments

[gilead23]

I bought some FXI puts today as a short term trade (china etf)
I think the idea that we see 100% tariffs on china tomorrow is a coin flip. Even if we don't get that there is the possibility this is just a short covering rally.
If we get the tariffs that is probably a 100% or more gain. If we don't, and we get a weak market day I probably close at a small profit.
I'll lose if there is a deal overnight or if the big rally continues.