$CXMT
1: If you want to participate in Changxin, a better strategy
Option A: A-share IPO subscription (best)
Apply today, offering price 8.66 RMB
Low chance of winning, but participate at zero cost
On the first day of trading, if it rises 100-200%, winning the lottery means profit
Option B: Wait for the Gate contract to return to a reasonable price before entering
If the A-share listing first day rises 100-200% (17-26 RMB / 2.4-3.6 USD)
The Gate contract could fall from $7.3 to the $3-5 range
Add long positions at $3-4, and the payoff odds will be much better
Option C: Short the Gate contra