NaughtyPines

UPDATE: EWZ SEPTEMBER 18TH 33 CC/OCTOBER 16TH 27 COVERED STRAD

NaughtyPines Updated   
AMEX:EWZ   iShares Inc iShares MSCI Brazil ETF
... with a cost basis of 31.93.

Notes: Another broken trade in which I took on shares. (See Post Below). Some work needs to be done on improving the 27 short call ... .
Trade active:
Sold some October 16th 25 short put for .50/contract. Since this is a 2 lot, cost basis on each lot is reduced by .25, so cost basis is now 31.68.
Trade active:
Rolling the September 18th 33C's out to the October 32's for a .99 credit; cost basis now 31.68 - (.99/2) = 31.19.
Trade closed manually:
Going flat before the election and in preparation for retirement.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.