Chiina via Brazil:

Discussion in 'Stocks' started by danshirley, Jul 29, 2009.

  1. Jubak suggests playing the Chinese market via Brazil:

    Tonight Vale SA (VALE) reported an 84% drop in profits:

    This should pull VALE back towards 15:

    Tomorrow I will be looking to sell Jan 2010 puts on Vale at the 12.50 strike. At close today these puts were yielding 3.82% or 7.64% annualized. Tomorrow I expect the yield to be somewhat better. Getting put at 12.50 is alright too.