Below is the chart of EWZ, the ETF for Brazil equities. I have acquired a large number of September 30 $30 puts on this sucker. It has sealed its price gap today, and I love all that overhead supply. Let me put it this way – -I’d much rather own a ton of puts on EWZ that, let’s say, DIA!
![](https://slopeofhope.com/wp-content/uploads/2024/07/slopechart_EWZ-640x343.jpg)