The China tech sector has been over sold for many months and could be reversing here. VIPS is an online discount retailer for brands.
VIPS resistance at $13, ER is on Nov 18 pre market.
Options - There are over 13000 $13 calls in OI Nov 19th. Put call ratio is .58
Look for an ER beat. GL!
VIPS resistance at $13, ER is on Nov 18 pre market.
Options - There are over 13000 $13 calls in OI Nov 19th. Put call ratio is .58
Look for an ER beat. GL!