It’s Not Cheap to Bet Against Big China ETF

The iShares China Large-Cap ETF (NYSEArca: FXI) is down 9.9%, a decline that is noticeably worse than the 8.6% for the iShares MSCI Emerging Markets ETF (NYSEArca: EEM). FXI’s rapid decline has made it increasingly to bet against the ETF via the options market. “Puts hedging against a 10...