AMEX:EWZ   ISHARES MSCI BRAZIL CAPPED INDEX FUND
With IVR             popping its head above 70 in EWZ             , premium selling in this ETF is afoot!

Example:

Nov 6 15/17/24.5/26.5 Iron Condor
POP: 69%
Max Profit/BPE: .45/contract; 1.55/contract
Delta: -3.16/contract

Notes: As with most of my trades, I opt for a nondirectional stance with respect to these setups, even though there is some argument to be made that EWZ             is at historical lows ... . Look to take the entire setup off for 50% max profit ... .
Did not get a fill ... . I will make a second attempt on Friday, assuming IVR remains around 70, but I may have to tweak the strike prices; ordinarily I place the short strikes around the 1 SD for the expiration ... .
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You may have to putz with price for a fill. I've lowered my fill price to .43 for the whole setup, and the mid price is dancing around .44-.45 ... .
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