AMEX:EWZ   ISHARES INC MSCI BRAZIL ETF
Looking for some high IV trades to enter into the mix here.

-1 Sep21 33/40 strangle for $1.34.

Risk: 2x credit received (worst case, take stock)
Target: 50% profit

Depending on how things go, I may keep rolling this position on in different ways, reacting to how the market moves.
Trade closed manually: IV is picking up in this underlying again, even more so in the back months. I have since closed this trade and rolled out to Oct to gain more credit and widen the strikes a bit. Closed for $1.01 db, so about a 1% ROC in 2 weeks if this was cash secured. 32% ROC overall.

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