Aug. 14 at 8:01 PM
Seeing some serious bearish vibes on
$EWZ
A big player just threw down
$1.3 million on Jan 2026
$23 puts at the ask
That's a clear sign of institutional conviction betting on downside
If you're not already hedged, you might want to think about adding some protection or shorting into this expected weakness
Also noticing a jump in Jan 2027 open interest on
$21 puts and
$30/
$40 calls
Options traders seem to be gearing up for a volatility spike
Could be worth looking into straddles or strangles to play the potential move
Keep your eyes peeled for more action