OPENING BULL BET IN KWEB TOUGH TO TRUST

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Healthy looking order in China Internet ETF KWEB this afternoon .. Being just one order though, it makes it extremely difficult to trust in this environment .. With chatter of the possible delisting of these China plays as a trade war tactic, we really want to feel fairly confident that someone is building a position & not just hedging a size short position in individual names. The fact that sweepers weren’t buying calls in any of the individual names that may be related to this ETF doesn’t give us much confidence either .. Keep an eye out for that as well as any additional KWEB buying in coming days for possible confirmation.