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2019 Trades

ewz: 12.24.18 – 02.27.19

ETF | Brazilian Equities | Status: Closed

Adjustment #5

View original trade
02.13.19
I've made back a little money in this
so I decided to use this opportunity to
for almost no
This way if EWZ has an extreme move I'll be in a much better position to defend. Hoping for EWZ to come down in price and
to help me profit.

Risk Profile:

(Not to scale)
Figure 6

Strategy: Uninvert Strangle

btc 1 mar 15 40 call
btc 1 mar 15 44 put
sto 1 mar 15 40 put
sto 1 mar 15 44 call
Fill Price: $4.04 debit

Position Analysis

U/L Price: $43.35
IV: 30.9%
IVR: 14.6
Liquidity: 4/4
Position: 40/44 Strangle
POP: 58%
Cost Basis: $1.17
Risk: Undefined
BPR: $800
Max Profit: $1.17
Max Loss: Unlimited
Target P/L: Scratch
Break Even(s): $38.83, $45.17
Extrinsic Value: $163.00
Net Delta: -26.62
Net Theta: 4.297

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2019 Trades
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