Long
DIDI - can this left-for-dead-zombie be resurrected?
Many surely remember this hotly anticipated IPO which was then quickly murdered by the chinese government cracking down on them for privacy violations and all sorts of things. As we see china waking up a little bit (not just the recent JD/BABA news, but other china-tech issues seem to be recovering), I think there is a good chance DIDI struggles it's way back to the 13+. I'm trading this with two positions - short term dec 10 calls and longer term, may2022 5 strike calls. I expect this will be a slow and laborious move upwards.
Trade closed manually
toast re: delisting.
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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.