TIGR UP Fintech Holding Options Ahead Of Earnings

2022年9月5日

TIGR is the Robinhood of Asia, i would say. HOOD has 22.8 million users as of March 2022, for a mk cap of 7.89Bil, while TIGR has 551Mil mk cap and customer accounts totaled 1.9 million. so from those metrics alone TIGR is undervalued. now if we look at financials, TIGR has positive earnings, while HOOD is still losing money with negative earnings of 3.69Bil last year. but being a Chinese company also weights in and that`s why people are afraid to invest in TIGR. overall, by the end of the year, i think it`s safe to assume that TIGR can touch $5.5 - $7 if China doesn't invade Taiwan.

Looking at the TIGR UP Fintech Holding options chain, i would buy the $5 strike price Calls with
2022-10-21 expiration date for about
$0.07 premium.

Looking forward to read your opinion about it.

2022年12月16日

交易結束：目標達成

Target reached! A bit late though.