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2019 Trades

ewz: 03.08.19 – 03.21.19

ETF | Brazilian Equities | Status: Closed

Opening Trade

03.08.19
Jumping back into EWZ with a wide short
to take advantage of this little
spike. I decided to go wide just because
is still low. This position is
neutral so I just need time to pass and volatility to come down a little. Hoping to take about $0.65 profit out of this trade.

Risk Profile:

(Not to scale)
Figure 1

Strategy: Short 38/44 Strangle

sto 1 apr 18 38 put
sto 1 apr 18 44 call
Fill Price: $1.33 credit

Position Analysis

U/L Price: $41.17
IV: 32.1%
IVR: 19.2
Liquidity: 4/4
Position: Short 38/44 Strangle
POP: 68%
Cost Basis: $1.33
Risk: Undefined
BPR: $650
Max Profit: $1.33
Max Loss: Unlimited
Target P/L: $0.65
Break Even(s): $36.67, $45.33
Extrinsic Value: $133.00
Net Delta: -4.54
Net Theta: 3.464

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2019 Trades
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