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EZU Bearish Vertical Put Spread for 10/16/15 Expiration

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iShares MSCI Eurozone ETF (AMEX:EZU)  
Birdinhand  
AMEX:EZU   iShares MSCI Eurozone ETF
EZU Bearish Patterns verticalspread vertical verticals put puts spread shortsetup short shorting shorts shorttrade limit order contract MAX maxgain maxloss riskreward risk_reward option options-strategy options optionstrader birdinhand birdinhandtrading tradebirdinhand
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ezu bearish verticalspread vertical verticals put puts spread shortsetup short shorting shorts shorttrade limit order contract max maxgain maxloss riskreward risk_reward option options-strategy options optionstrader birdinhand birdinhandtrading tradebirdinhand
This a bearish trade on EZU using a 10/16/15 vertical put spread. Go long the 10/16 $34 put and short the 10/16 $33 put, with a limit order at $0.34 per contract. The max gain per contract is $66, and the max loss per contract is $34, for slightly less than a 2:1 risk/reward ratio. Hold until expiration.

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