AlphaBull_10M
$EWY $KORU Here is a YTD KOSPI (KS11) daily chart.
For the past 3.5 months, the KOSPI...
■ mostly traded in comfort (consolidation) zone from 6185 to 7227
■ 5631 to 6185 oversold zone brought buyers back
■ and quick capitulations below 5631 were best discount buy zone
KOSPI is now trading at severely discounted 10.x PE compared to traditional 19.x, and 25x for S&P 500, and I expect KOSPI to minimally recover back ~30% to 7237 level between 3 to 12 months.
The Nasdaq future pulled back -5.7% from ATH in the past 8 days, and as long as this stays within the -10% level, the max bottom for KOSPI should be 5000+.
Therefore, I adjusted my KORU call option (gradual) accumulation to:
■ 3 months out Jan/2027 $8 to $10 calls
■ 5 months out Mar/2027 $10 to $12 calls
■ 8 months out Jun/2027 $14 to $16 calls
■ 14 months out Jan/2028 $18 to $20 calls
Due to wide ask/bid spread and moderate OI, I didn't get any fills yet and I'll adjust the target strikes up/down as necessary.
$SKHY $DRAM $SOXX
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