NaughtyPines

BUYING TO CLOSE EWZ APRIL 22ND 21P/24P/22.5C/27C BROKEN IRON FLY

NaughtyPines Updated   
AMEX:EWZ   iShares Inc iShares MSCI Brazil ETF
This rolled out, "goofy" setup (it basically morphed into a long strangled inverted short strangle upon rolling) has moved into profit, so -- like the LULU short strangle (i.e., broken and rolled) -- I'll look to take it off at NY open for a small profit, so that I can redeploy the buying power elsewhere in a higher probability setup ... .

I'll post the trade chain once I've closed it out ... .
Comment:
Oops. After I closed this out and examined the full trade chain, it turned out to be an $80 odd loser. Before you close a rolled out setup, always look at your entire trade chain to see if the original trade setup + rolls is in profit, not just the rolled out setup ... . Rookie error.
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.