American Express (AXP) First Major US Payment Processor to Operate in China

by yunhaila

Been following AXP for a while now, and some good gains on 1/21/2021 calls when AXP went from $100 to $114. Now AXP is back to under $100. I think if we get another red day, it’ll be good to go in again.

Positions: AXP 125c 1/21/2021

Sources:

www.investors.com/news/amex-china-card-payments-central-bank/

pulse2.com/american-express-nyse-axp-china/

 

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.