Sold 1 Credit Spread on EWZ Brazil ETF – 1% potential income return in 30 days

On March 1, 2022, I sold 1 bull put credit spread on EWZ ETF with an expiry set in the next 30 days (March 31). For this trade, I got a premium of $32.20 (after commissions)

EWZ - or the iShares MSCI Brazil ETF seeks to track the investment results of an index composed of Brazilian equities.

This is not trading advice. Investments in stocks, funds, bonds, or cryptos are risk investments and you could lose some or all of your money. Do your due diligence before investing in any kind of asset.

Here is the trade setup:

• SLD 1 EWZ Mar31'22 32 PUT 0.73 USD

• BOT 1 EWZ Mar31'22 30 PUT 0.36 USD

For this credit spread, I got a credit of 32.2 USD (after commissions) or about 1% potential income return in 30 days, if options expire worthlessly