Investment ideas – Options, Spreadbetters, biotech again, and China

Why options can make sense, a 17x return, spreadbetters still look cheap as do Chinese equities. Plus some biotech hope.

OK, let’s start by saying that I have zero confidence that the small bounceback of the last few days is anything other than a dead cat bounce. Although the S&P 500 has retraced its way nearly back to my threshold at 3900 my hunch is that markets are still in denial. It seems to me that markets are still hankering after the soft landing outcome whereas t…