OPENING: EWZ JAN 6TH 28.5/32/32/36 IRON FLYAnd right back into "the Brazilian," as there isn't much high implied volatility rank/high implied volatility stuff to play out there at the moment ... .
Metrics:
Probability of Profit: 45%
Max Profit: $223/contract
Max Loss: $177/contract
Break Evens: 29.77/34.23
Notes: Will look to manage at 25% max profit.