USD MXN, is the Peso tank over?A lot of foreign ETFs have yet to recover because of currency trade (EWW, EWZ, TUR, etc), when the currency bounces back, you'll see huge moves in those ETFs. Might be a better opportunity than trying to chase after US equities.
We'll see...
I've always been more fond of trading foreign ETF options than US index ETF options, I find the returns better on both calls and puts.