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2019 Trades

ewz: 03.21.19 – 04.03.19

ETF | Brazilian Equities | Status: Closed

Opening Trade

03.21.19
I've decided to reestablish my EWZ trade in May. Collecting the same amount of
that I
in the previous trade, but by moving to May I get to widen my
out by $3. EWZ has been challenging my
the entire time I've had it, so I decided to sell it $3 higher in case the stock rallies back to where it was. Hoping to take 50% of max profit out of this thing.

Risk Profile:

(Not to scale)
Figure 1

Strategy: Short 38/47 Strangle

sto 1 may 17 38 put
sto 1 may 17 47 call
Fill Price: $1.06 credit

Position Analysis

U/L Price: $42.81
IV: 31.5%
IVR: 12.1
Liquidity: 4/4
Position: Short 38/47 Strangle
POP: 71%
Cost Basis: $1.06
Risk: Undefined
BPR: $440
Max Profit: $1.06
Max Loss: Unlimited
Target P/L: $0.53
Break Even(s): $36.94, $48.06
Extrinsic Value: $106.00
Net Delta: -4.49
Net Theta: 2.413

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2019 Trades
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