With Taiwan’s market soaring over 13% over the past two trading days on the back of expectations of increasingly closer ties between Taiwan and mainland China, your September $9.00 call options (EWTII.X) on the iShares MSCI Taiwan Index (EWT) have soared 150% in just over two weeks.
While I expect Taiwan to continue its upward momentum, it is always good to lock option profits after such sharp moves.
So sell half your options here to lock in your 150% gains.