Trade of the Week: Unusual Options Activity in the South African ETF

ETFs, Options, Videos

The iShares MSCI South Africa ETF (EZA) doesn’t normally have a lot of options traded on it. However, a 1,500-lot of puts recently traded, which is 10 times the normal daily volume of options (all in one trade). This trade makes money if EZA drops below $50, and the stock was trading around $50.50 at the time of the trade.

This could be a bet that the ETF is about to go down on bad economic/political news or maybe even a hedge against a long stock position. It also could simply be closing an open trade from a while back.

$500 into $678,906?

If you had followed Jay Soloff’s trades, with a little luck, you could’ve turned $500 into as much as $678,906.

That sounds unbelievable. But you gotta see how it’s possible.

If you can scrounge together $500 in cash, it could’ve been worth a small fortune today.

Check out how it could’ve happened for you, click here.

 

[FREE DOWNLOAD] 10 Simple Rules for Trading Options Like a Pro

[FREE DOWNLOAD] 10 Simple Rules for Trading Options Like a Pro

Follow these 10 simple rules from 20-year professional options trading veteran, Jay Soloff and start earning a reliable extra income from options.

 

NO prior experience needed to master these 10 simple options trading rules. 

 

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