Birdinhand

EWZ Bear Put Spread for 10/9/15 Expiration

Short
AMEX:EWZ   iShares Inc iShares MSCI Brazil ETF
This a bearish trade on EWZ using a 10/9/15 vertical put spread. Go long the 10/9 $22 put and short the 10/9 $20.50, with a limit order at $0.50 per contract. The max gain per contract is $100, and the max loss per contract is $50, for a 2:1 risk/reward ratio. Hold until expiration.

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