Buy upside convexity on Brazil

we recommand buying call on the etf on Brazil.

This move is very exagerated and offers a high risk-reward convexity bet on the upside (one of my favourite one)

EWZ US 09/21/18 C39 Equity below 0.35

Catalysts for a rebound: rates in US stabilize, dollar stabilizes, very contrarian (everybody hates brazil now)