BMFBOVESPA:BBAS3   BRASIL ON NM
BBAS3 (Banco do Brasil) releases earnings this Thursday. As happened with other Brazilian banks they must trigger sells (ex: ITUB4, BBDC4 ). Being a state owned bank must intensify plunge.
I should start to buy a put spread (between 18.50 and 17.50) today to take advantage of this movement.

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