ABEV $2.50 Put

ABEV strong trend down, puts anywhere from 3-8/contract with varying dates.
Went with 2.50 7/17 exp on strong belief it will reach this low, much, much sooner.

DMI in very strong negative trend.
Earnings statement this week doesn't project well on the fundamental side.

ปิดการเทรด: ถึงเป้าหมายการทำกำไร:

ABEV plummeted, as did the rest of the market.
This option has been sold for .55, or a %1000 percent return.

On to funding the recovery!