BpowersCLT

$EWZ Good Short Strangle Opportunity

AMEX:EWZ   ISHARES INC MSCI BRAZIL ETF
$EWZ has pretty good pricing in its OTM options right now, and the August weeklies in particular. The 38/45.5 Strangle priced around 1.20 looks pretty decent right now and covers about a 1 standard deviation move. Worth a shot.

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