NaughtyPines

Opening (IRA): EFA October 21st 58 Short Put

Long
AMEX:EFA   iShares MSCI EAFE ETF
... for .65/contract.

Comments: Deploying a little bit of buying power into EFA on weakness here. It has a high correlation with SPY ( 3-month of .88), but with a higher 30-day IV (29.02% versus SPY's 23.1%).
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