We close our long in ABI BB at 85 Back in June, we initiated some long trades benefitting from the World cup like Adidas or Imbev. While we nearly reached our 92 target, Imbev’s share price has fallen after dismal earnings. Our EPS growth grade has also fallen back. You Might Also Like Buy EEM put as part of our convexity trades May 29, 2018 Take profit on EWZ October 18, 2018 Buy upside convexity on Brazil June 18, 2018