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hungry_hippo
25 de Fev de 2020 17:53

EWY Korean Tank 

iShares Inc iShares MSCI South Korea ETFArca

Descrição

I expect Asian markets to tank tonight, especially Korea, they really commit to tanking.

Some weekly EWY puts...

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Gapped down on open, and usually the Koreans are committed to a direction, but it does not appear to be the case today. Appears to be melting up along with the rest of Asia.

Oh well, I guess we'll find out where this opens tomorrow. Was really hoping for a nice 3% KOSPI drop today.

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Crap, shouldn't have held puts overnight, I know better.

Lost my profits from yesterday (same with EWJ), decided to flip the puts while I'm even.

Trade fechado manualmente

See above.

Also, this was trading below NAV, I should have realized that.....

Sometimes ETFs do squirrelly things like trade below value because the market expected Korea to tank more than it did. So despite Korea closing below Monday's level, this thing is above where it clsoed Monday. Sucks....

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Wow
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exxodus
Good volume in the Feb 56 puts.
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