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BpowersCLT

$EWZ Good Short Strangle Opportunity

iShares Inc iShares MSCI Brazil ETF (AMEX:EWZ)  
BpowersCLT  
AMEX:EWZ   iShares Inc iShares MSCI Brazil ETF
Support and Resistance Volatility
2
0
supportandresistance volatility
$EWZ has pretty good pricing in its OTM options right now, and the August weeklies in particular. The 38/45.5 Strangle priced around 1.20 looks pretty decent right now and covers about a 1 standard deviation move. Worth a shot.
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