TransitMan

Trade of the Week IC in EWZ

AMEX:EWZ   ISHARES INC MSCI BRAZIL ETF
EWZ still has high IV & IVR and looks to be finding some support at this level . Good value on a 31/26p 37/42 Iron Condor Selling for 2.36 cr max risk 2.64
Tasty stats POP 56% P50 62% Delta -1.95 theta 2.35
Comment: 30/38 Strangle looks attractive also selling for 2.44 with a theta of 4.18
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