KRE Regional Banking Sector ETF ( Buy the Dip)
Buy the panic in the banking sector then sit wait watch and profit.
See also by KBE idea
See also by KBE idea
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Call option contracts are up 16% ( DTE mid June )
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KRE got a nice pop today along with banks in general. The thesis that the fed will continue to step in and rescue the banks much like F/GM in 2008 and airlines in 2020 will continue to play out here.
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KRE having a good week while DC contemplates the debt ceiling. holding call options DTE 6/16
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KRE continues on its trend rising from the dip
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The ETF price is up 20% in the month since uploading the idea -my call options 146% which I think is a very decent return. I am expecting further upside and federal support of the banking system ongoing, $$$$$
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Sideways price action. Add to the position.
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nice pop today- sold some of the knives . polishing up the rest for an even better sales price. call options positions added yesterday are up 25% overnight !