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2019 Trades

ewz: 03.21.19 – 04.03.19

ETF | Brazilian Equities | Status: Closed

Closing Trade

View original trade
04.03.19
This insane rally in the market has my
levels very negative. It's a little shorter than I'd like, so I decided to close this EWZ strangle for a small profit to reduce my directional risk. It's not as much as I would have liked to have made on this, but profit is profit and it will keep my losses at bay if this craziness continues to the upside. If the market falls and
expands, I will have a nice opportunity and plenty of cash to establish a new position in EWZ.

Strategy: Close Position

btc 1 may 17 38 put
btc 1 may 17 44 call
Fill Price: $1.43 debit

Position Analysis

U/L Price: $42.13
IV: 31.2%
IVR: 14.5
Liquidity: 4/4
Final P/L: $0.23 Profit

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2019 Trades
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