Blog dedicated to ETF and Index option trading strategies using credit spread and money management.
Monday, April 6, 2009
04/06 EWZ Double Diagonal
Good and fast P&L recovery Today, now it is a matter of EWZ moving down a bit or staying around this level for the next few days. It was down by quite a bit intra-day Today, so the sellers may be getting excited about it.
Perhaps I should call some of my Brazilian friends and tell them to dump their EWZ holdings... Yeah, that will do it.
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ps: Thanks to my Lawyer friend and avid reader Chad for the disclaimer!
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