Birdinhand

EWG Bearish Vertical Put Spread for 10/23/15 Expiration

Short
AMEX:EWG   iShares MSCI Germany Index Fund
This a bearish trade on EWG using a 10/23/15 vertical put spread. Go long the 10/23 $24.50 put and short the 10/23 $23.50, with a limit order at $0.34 per contract. The max gain per contract is $66, and the max loss per contract is $34, for slightly less than a 2:1 risk/reward ratio. Hold until expiration.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.