Trade ideas
Tagged: DJX · ×
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Money Is Fleeing Tech and Running Into the Dow: A DJX Call Butterfly
Tech is sliding on AI-spending worries and money is rotating into blue chips: the Dow 30 rose 1% to 52,496. How a call butterfly on DJX (expiry 30 October) targets a landing near 53,500 for a fixed cost of about $205, with max profit, max loss and breakevens worked out.
