Sticking with Brazil

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I’m so conservative these days that even March puts (which expire in 95 days) are feeling a bit too close for comfort, so I’ve taken profits in WING (78% gain) and LUMN (48% gain). I have archived these positions in our Options Chart product.


Although it might be short-term oversold (and its options absolutely stink) I am going to stick with my EWZ puts, since it’s a terrific pattern.