EWZ Brazil ETF - Simple options tradeBuying 38.00 P @ 7/20/18 EXP, 2 daily candle closes above broken trendline will be my soft stop.Shortby bryanrg1
Brazil Bull times coming soonLooks like we are almost at the point where being long brazil is not a bad idea. My stops would be under the 3rd green bar, and will target ~49Longby Astatine2
large bull gartley?$brzu $ewz $brzs $spy $spx $ewzs Not too confident in this. The location and size are unusual, but the measurements are right on for being a bullish gartley. You can't make this stuff up. by gghsusaUpdated 224
$EWZ Corrective advance $EWZ maintains its amazing similarity to $FCX both can be counted as corrective advances where course in $EWZ current decline has anticipated target at 50 back Shortby raulmarcusbruno1
Long EWZ on touch of bullish trend line supportBuy EWZ on touch of bullish trend line support. Stop at last week's candle minimum, medium-term loose target about 30% above current prices in line with previous uptrend in cycle. Longby BrunoBoni0
OPENING: EWZ MAY 18TH 39/41/48/50 IRON CONDOR... for a .62/contract credit. Metrics: Probability of Profit: 57% Max Profit: $62/contract Max Loss: $139/contract Break Evens: 40.39/48.61 Variants: May 18th 41/48 short strangle, 1.30/contract at the mid; break evens at 39.70/49.30. May 18th 38/41/48/51 iron condor; .75/contract at the mid; break evens at 40.25/48.75. Notes: With background implied remaining fairly high (33.4%), I'm going small with this defined risk setup in the kid's small account, but using the short strangle variant in mine. Looking to take profit on both the iron condor and the short strangle at 50% max.by NaughtyPinesUpdated 5
OPENING: EWZ DEC 15TH 33.5/35.5/44/46 IRON CONDOR (LATE POST)... for a .38/contract credit. With an implied volatility of 31.6, this is one of the higher volatility exchange traded funds. Going small. For a two-wide, this credit is less than compelling; I usually want to see 1/3rd the width of the wings out of these. Thinking of it more as an "engagement trade" than anything else, as I wait for some volatility to seep back into the market ... . by NaughtyPinesUpdated 6
$EWZ M for Murder Brazil... nice big fun country, but I see a big M and it is not for MacDonald.by sfl_trades3
Brazil Under Consolidation (EWZ) (NEUTRAL)Consolidation triangle forming, confirm a breakout or reversal with increased volume and by watching price trend for up to a few days, depending on how quickly the reversal or breakout takes place. EWZ is at a point of upper resistance, see previous highs several months ago.by JacobFranklin5
EWZ: Brazilian break-outEwz has broken out of its 40-resistance range. First target is apprx 53.75.Longby UnknownUnicorn540299Updated 3
EWZ all of my special trend lines shows short is nowwhat say you ? I dont usually short tripple top... tripple top is not double top. thats for sureShortby erez5
Short EWZShort EWZ on touch of long term resistance line and apparent continuation of long term bear market. However, if current correction leads to an additional wave up and breakout from the trend, the trade will be stopped and there are high chances of reversal towards long term bull market.Shortby BrunoBoniUpdated 113
Brazil went down big, let's sell premium (Big lizard)After some negative news about bribery in the government the Brazil's ETF (EWZ) got killed at the open with a 18% down move. With the Implied volatility rank of the stock at the high's of the last 52 weeks(100%) it means that buying options is going to be expensive, in other words we are going to be selling overpriced options. Betting that this is an over reaction and wanting to take as much credit as possible, I decided to sold a big lizard (Straddle with no upside risk) to get a nice premium. The trade: 64 days to expiration Sold the 33 Calls Sold the 33 Puts Buy the 36.5 Calls (no upside risk) Collected 3.95 per contract Target price will be at 25%by AlexanderGotayUpdated 16
Brazil Further Downside ExpectedFairly textbook descending triangle breakdown. Volume expected to slant down, go flat until breakdown, then increase into another slant down marked by black arrows.First measured move was correct for the breakdown. 2nd measured move marks my ultimate target price and blue arrows show the path I expect price to take. Shortby RHTrading2
Long EWZ: Target Price $52 from $35Head and shoulders pattern. EWZ broke out the primary downtrend. Next step $52.Longby thewealthofmarkets4