EWZ $70 calls +20.23%, $1.89 x 1.98: EWZ (brazil etf) is a good long term hold, and is at a chart bottom... I personally have had a long term position, in another account, in EWZ, but been hedging with EWZ puts the past week... if EWZ $70 calls can't hold $2.00, I will go back to puts fwiw img18.imageshack.us/img18/4993/postareplywindowsinterno.png http://img18.imageshack.us/img18/4993/postareplywindowsinterno.png