[EWZ short premium](https://preview.redd.it/pm8npyyhposh1.png?width=431&format=png&auto=webp&s=03df76fca66abafbefff8401e4552b6546831003)
EZW has ridiculous IV rank right now, rank is higher than NKE, AMZN, SBUX, NFLX
What's up with Brazil? Is it reporting earnings or building AI datacenters in the jungles?
Since nobody knows what's going on and premium runs high, I've sold a call in November.
I still have short 35 put in October that past DTE-21 due date for closing
But I'm just letting it cook till expiration. Do not mind assignment.
So far 5 out of 5 trades I did on this since approximately May are winners.
We should sell premium more on these boring stocks, folks
https://preview.redd.it/kz9k3gzeynth1.png?width=2062&format=png&auto=webp&s=96aadf84920415967a3a1543807ad7b95de60bbe
UPD on Oct 5: my current EWZ position. Broker's analysis view.
Nov call is down $170 on the Nov call, the Oct put is up 70
Rolling put to Oct